eClerx Launches KYC Solution
eClerx, a provider of knowledge and business processing services, today launches a new know-your-customer (KYC) solution. The three-tiered system aims to help buy- and sell-side clients conduct KYC processes through a supervised operations platform, reducing risk and ensuring compliance, the company says.
Alan Paris, New York-based principal at eClerx, says that banks are paying more attention to KYC and anti-money laundering requirements as regulations proliferate, regulators get stricter and
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