Iris KYC. streamline your client on-boarding process

Transcription

1 Iris KYC streamline your client on-boarding process Extended Content Solution Ltd, 2013

2 Does this sound familiar? Client on-boarding is time consuming and involves multiple systems Paper, faxes and need to be captured and processed Client documentation is spread across systems Multiple users need to approve or be notified about items Users can t track where items are in the system and who is responsible for them Difficult to apply changes in regulation and compliance rules across client base Inflexible data models struggle to adapt to changes in the business Introducing Iris-KYC client on-boarding solution for your enterprise... Iris-KYC (Know Your Client) streamlines your client on-boarding process by eliminating paper, removing manual steps and automating verification checks. It s flexible allowing it to match the polices within your industry and your organisation. used across different industries and organisations. Seamless integration with industry leading sources provide robust entity checking across your client base. Iris-KYC offers your Organisation the following benefits: Entity Checking at the click of a button. Integration with industryleading APIs such as Experian, Dun & Bradstreet and LexisNexis. Business Rules Engine for capturing regulatory, due diligence and compliance checks that suit your policies. Personalized Dashboard UI lets you see your client s documents, check outcomes, points of contact and previous activity, all on one screen. At-a-glance Traffic Light indicators reflecting the status of your clients and other entities. Supporting documents and correspondence can be linked to business entities and used as the basis for compliance checks Scheduled Alerts notify business users when a previous check is due to expire.. Why do I need to Know My Client? Ensure compliance with internal, industrial and governmental regulation Target your products appropriately against your customers and prospects Prevent money laundering, fraud, corruption, identity theft and terrorist financing

3 Key Features Clear and easy to use Simple traffic light icons display the overall compliance status for each organisation, the eligibility of their business relationships and the outcome of individual checks performed against them. Stay up to date Compliance checks can have an expiry period set against them, in line with your organisation policies. Configurable Alerts let you know when an organisation s compliance checks are due for renewal, or if a scheduled background check against them has failed requiring user review. Ensure compliance Iris-KYC integrates with a range of Customer Identification solutions to provide fast, automated due diligence during the onboarding process. Have your own check service? No problem Iris-KYC uses adaptor architecture to allow rapid integration with other service APIs. Not all your checks can be automated? Review and approval functions for client documentation are also provided, and the ability for privileged business users to set manual overrides. Typical uses for Iris-KYC Investment Banks Offer portfolios and products to your clients and prospects, based on their eligibility to invest Public Sector & Charitable Organisations Ensure contractors meet your eligibility requirements Automotive Industry Supplier and partner management Insurance Industry Verify the integrity of your prospective clients Property Management Check the status of prospective tenants and contractors Compliance and assurance departments in any business

4 Key Features Documents and Correspondence Upload supporting documents and correspondence relating to an Organisation directly against their case file. Restrict user access to sensitive document types. Already have a Content Management System (CMS)? Iris-KYC can integrate with any standardscompliant CMS. If not, you can use the built-in CMS bundled with the application. User Collaboration Case files, check outcomes and individual documents can be assigned to users or groups in your organisation. Attach notes to entities in the system, recording investigations and progress centrally where the information is needed - no more trails! User tasks can be generated automatically following trigger events, or created ad-hoc by other users. Reports and Audit trail Rich reporting features help to summarise the overall status of your client base. Interactive graphs and charts allow users to drill-down into the data sets, without the dependency on IT. The data can be easily extracted and downloaded in Excel format, for those who prefer spreadsheets. Event logging captures all system/user activity, providing a history of actions performed against any case file or document.

5 Copyright Extended Content Solutions Ltd, All rights reserved. Extended Content Solutions Ltd, MediaStore, and all associated logos are trademarks or registered trademarks of Extended Content Solutions Ltd. Third-party trademarks are the property of their respective owners. About ECS Get in Touch... Extended Content Solutions (ECS) is an expert software solutions and services provider specialising in Enterprise Content Management (ECM). Our in-depth knowledge of the ECM space enables us to transform our clients businesses to make the most of their content. +44 (0) ECS has a proven reputation for delivering excellence. With a dedicated and experienced team committed to innovation and quality, long standing partnerships with leading ECM platform vendors and a philosophy of maximising customer satisfaction we are well placed to meet our clients needs. CCLA Iris-KYC Case Study Find out how CCLA, a fund manager based in the City of London, providing specialist investment management to charities, local authorities and faithbased organisations used Iris-KYC to improve their client on boarding process, verification checks and virtually eliminated paper instructions. Read Case Study