Author: Binh Dang

The role of Know Your Customer (KYC) analysts has undergone a profound transformation over the past decade, shaped largely by advances in technology, particularly artificial intelligence (AI) and more recently, Generative AI. Historically, the job of a KYC analyst revolved around manually processing large amounts of data, reviewing customer profiles, performing ID verifications, cross-referencing watchlists, conducting adverse media screening, and ensuring compliance with ever-changing regulatory standards.

smartKYC is proud to announce that we have won ‘Best ESG KYC surveillance provider’ at the ESG Insight Awards 2024, for their product, smartEYE. 

smartKYC will be exhibiting at stand 13 at World Procurement Congress at the InterContinental London – The O2, from 15-16 May. 

The emergence of Natural Language Processing (NLP) technologies offers a promising solution to revolutionise KYC procedures, enhancing efficiency, accuracy, and compliance.

This article examines how due diligence checks wealth managers use on their clients should also include scrutinising investments in the same spirit. As ESG investing gains momentum, so must the mindset adjust accordingly. Dermot Corrigan, CEO of smartKYC, argues that wealth managers need to place the same emphasis on investment due diligence as KYC. Dermot Corrigan,

Frictionless onboarding sets the tone for a fruitful relationship and the realities of a post-COVID world have accelerated the arrival of the future in the form of “robo-onboarding”. Hugo Chamberlain, Chief Operating Officer at smartKYC, explains how automated, paperless processes provide a foundation for a host of benefits firms can ill afford to miss out