Data consultancy and technology firm Detica is exploring how to help clients save time by automating the know-your-customer (KYC) process aimed at checking if a company is regulated or not, Inside Reference Data has learned.
When on-boarding a new client, a number of KYC processes must be completed and data collected. One of the processes is aimed at confirming if the customer is a regulated entity. “If it is a regulated entity, the number of checks you have to do drops dramatically,” says Londo
Anthony and James talk about how regulators in the US are falling behind other nations' regulators, the lack of talk about Reg AT, and an SRO for cryptocurrencies.Subscribe to Weekly Wrap emails