iMeta updates its Assassin suite 07 August 2013Southampton Reporter: Jenna Jones
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Client data management firm, iMeta Technologies, has added a new KYC (know your customer) platform to its Assassin suite of products.
Assassin KYC has been designed to ensure that updates and compliance are carried out by financial institutions on an ongoing basis.
The new platform will provide a quick and efficient process for onboarding and auditing new and existing clients, whilst saving time and reducing operational cost. It ensures best practice, risk based policies are applied which comply with current regulatory and legal obligations.
Ben Marsh, chief executive of iMeta Technologies, said: “With a few recent high profile cases and tougher penalties on organisations who do not comply with legislation, many financial organisations realise they need to not only understand who their clients are, but they also need to prove that they have carried out sufficient due diligence on their customers.”
“In today’s competitive market, the speed at which a new client can be onboarded is crucial to revenue and maintaining good customer service. KYC though is often a slow, manual process. Our Assassin KYC software provides the functionality and automated workflow to deliver a fast and comprehensive client management solution.”
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