RBC Capital Selects Markit for KYC Document Collection

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RBC Capital has started using the Markit Document Exchange service to collect know-your-customer (KYC) documentation as part of a larger business entity data management program, officials tell Inside Reference Data.

RBC Capital is in the process of automating client on-boarding, and the firm is going live with on-boarding platform GoldTier in December.

London-based Julia Sutton, director, customer data services, RBC Capital Markets, says GoldTier works far more efficiently if the documents are t