Skip to main content

Pimco Chooses kyc.com and Markit For Onboarding

Investment giant signs up service providers for customer due diligence

tracey-jordal-pimco
Tracey Jordal, executive vice president and senior counsel for trading and markets, Pimco

Asset management firm Pimco has chosen kyc.com, a joint venture of Markit and Genpact, and Markit itself to provide due diligence and onboarding services, according to officials of the companies.

"Pimco looks forward to working closely with Markit in using Counterparty Manager, Tax Utility, kyc.com and the entire regulatory and compliance ecosystem," says Tracey Jordal, executive vice president and senior counsel for trading and markets at Pimco. "The seamless interoperability between these platforms to support client onboarding, master agreement negotiation and tax validation as a unified group of steps is particularly beneficial."

Kyc.com, which partnered with Fenergo in January to provide client lifecycle management, and Markit, together offer an integrated service for client onboarding, know-your-customer and anti-money laundering issues, and managing tax, legal and credit agreements. Their central repository facilitates exchange of counterparty documentation and validated entity data.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: https://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Market data costs defy cyclicality

Trading firms continue to grapple with escalating market data costs. Can innovative solutions and strategic approaches bring relief?

AI & data enablement: A looming reality or pipe dream?

Waters Wrap: The promise of AI and agents is massive, and real-world success stories are trickling out. But Anthony notes that firms still need to be hyper-focused on getting the data foundation correct before adding layers.

Most read articles loading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here