smartKYC has won the award for Best AI Solution for Regulatory Compliance at this year’s RegTech Insight Awards 2020.
“We are delighted to have been recognised like this by RegTech Insight and its advisory board. This award cements smartKYC’s position as a leading tech vendor in the automated KYC screening and relationship intelligence industry.” Said Dermot Corrigan, CEO of smartKYC.
smartKYC beat off steep competition in a category consisting of 19 other nominees.
smartKYC uses a highly advanced multilingual semantic search engine to automate KYC screening as much as possible.
Uniquely, the company understands that KYC isn’t just a function of compliance and should also be used to screen for ‘green flags’ at all stages of the client lifecycle; whether it is target profiling at pre onboarding, enhanced due diligence at the onboarding stage or continuous daily monitoring post onboarding.