Reuters web portal launch for KYC 07 August 2014New York Reporter: Catherine Van de Stouwe
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Thomson Reuters has launched a web-based portal for Accelus Org ID for its Know Your Customer (KYC) Managed Service.
The online portal facilities client on-boarding, identity collection and verification, which will allow financial institutions to increase efficiency and reduce operating and remediation costs associated with complying with KYC requirements.
Accelus Org ID acts as a neutral central clearing house by building an accurate identity record that will work with the KYC passport.
Treasurer at Lenovo, Damian Glendinning, said: “With increased attention being placed on complying with complex KYC requirements, so too is the compelling need to identify and work with trusted industry partners to ensure the collection and maintenance of accurate KYC information.”
“Having a centralised solution in the Thomson Reuters web-based portal of Accelus Org ID KYC Managed Service will certainly help increase efficiency and reduce costs related to repeatedly providing KYC information to multiple firms.”
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