Opus Debuts Preconfigured KYC Service
With no client-site IT requirement, officials say the entry-level platform will suit banks with less complex KYC needs for whom speed and ease of deployment is more important.
ACP only needs a “simple” configuration of a firm’s data sources, and does not require any hardware or software resources to get up and running, delivering searches of beneficial ownership, watchlists, adverse media, and other information from data providers and open sources, and providing continuous monitoring to detect changes in risk levels.
“The rapidly changing shape of financial crimes and the pace of regulatory change, combined with rigorous enforcement, mean that financial institutions
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