KYC-AML Customer Onboarding

KYC-AML Customer Onboarding

KYC-AML Customer Onboarding

Customer onboarding is growing as a major function for banking organizations and financial establishments, which are wrestling with changing market dynamics, firm competition, regulatory examination and functional running costs. Where any delay in on-boarding can result in loss of revenue and adversely impact the profit margins, it can play havoc with the customer relationship as well.

In light of the current scenario, an important fact that cannot be overseen is; the onus of client’s ability to match the regulatory requirements rests with the banks. In a bid to expedite the process if the financial institutions fail to stand up to both internal compliance audits and audits enforced by multiple regulatory agencies then apart from reputational risk, it can have major financial implications on the bank.

To improve client experience, reduce cycle time and foster stronger operational controls, banks need to maintain the Know your Customers (KYC)/ Anti-Money Laundering (AML) status checks updated with minimal costs. At AristonTek, we keep a close tab on the latest developments in the financial industry and therefore, are able to help you find personnel that can reduce the gap between your financial incumbency and charter plans through our strong and diversified networks.

Contact Details
New Jersey:

35 Journal SQ Suite 805
Jersey City, NJ 07306
Email: Consulting@aristontek.com
Phone: 212-217-9525
Fax: 201-632-8400
Google Maps: See our location online.

Representative Office in Russia:

63 6th Line of Vasilyevskiy Island
St.Petersburg Russia 199048
Email: info@aristontek.ru
Phone: +7-921-855-0991

Hyderabad, India:

19 & 20, Moti Valley, Tirumalagiri, Secunderabad, Telangana 500015, India

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