KYC Suite for Banks & Financial Instituions

Digital Customer Onboarding Platform

#AML Financial Crimes

# Know Your Customer

KYC-Suite is a multi-channel customer lifecycle management platform for Banks and Financial Instituions that accelerates and simplifies the on-boarding of customers, whether it be corporations or individuals.

The Challenges

Seamless Customer Experience and Minimizing Customer Risk

Data Silos & Technology Landscape across Bank
AML program was rudimentary, lacking risk assessments & other fundamental policies and procedures,
Failed to aggregate customer transactions across business lines,
Failed to send all customer transaction data to their home grown AML system,
Failed to collect sufficient customer information
Inefficient risk ratings, create rules, establish account norms/expectations, peer analyses etc.,
Lack of Customer risk rating model
Insufficient Customer data,
The Customer risk, skewed by poor data, impacted the AML rules and High Risk Review requirements,
Failed to send all customer transaction data to their home grown AML system,
Failed to aggregate customer transactions across business lines,
Monitoring Supply base Risks is very critical from Operational, Strategic and regulatory aspects.

KYCSuite is a Digital customer on-boarding solution enabling Financial Institutions & Banks, Legal Advisory, Real Estate Agencies and Other Service Firms to perform due diligence on their customers in accordance with Customer Due Diligence, KYC and Anti Money Laundering (CDD/AML/KYC) requirements.

The Solution

Intelligent Automation

KYC-Suite is a multi-channel customer lifecycle management platform that accelerates and simplifies the On-Boarding of customers, whether it be corporations or individuals.

KYC-Suite enables clients to reduce costs, end customer touch points and overall customer onboarding time – increasing efficiencies by over 70 % across the board. KYC-Suite is a fully customizable tool allowing organizations of any size or type to modify the parameters, fields, rules and user rights and integrate with their core application(s).

Digital Customer Onboarding (KYC) Solution for Banking and NBFC

KYCSuite is a robust tool simplifying Know Your Customer(KYC) processes. From initial client onboarding to ongoing reviews and remediations, it navigates the complete client lifecycle. Equipped with powerful features, it boosts compliance, minimizes risks, and enhances operational efficiency across diverse industries

Onboarding & Operations Management
Risk Assessment
Document Management
Scalability

KYC Suite Key Features

Digital Customer OnBoarding

Identify Verification : Banks & FI’s KYC and KYB programs need to meet the size, complexity and geographic reach of your business.

KYCSUITE accomodates seamless customer onbarding across the customer lifecycle.

Customization of your KYC Process

Energica’s digital cloud solution has been built to scale with your business and when combined with third-party data and risk intelligence (e.g. Risk and Screening solutions) data .

Dynamic Risk Rating

Provides automated dynamic real time risk rating on your customers.

Technology Enabled Customer Due Diligence

Energica’ KYCSUITE customers enjoy the benefits of customer identification and due diligence capabilities from one integrated application.

Minimize Compliance Risk

Automated Risk Rating provides you real time customer profiling and brings the risk and evidance.

API Integration

Flexible integration with your upstream and downstream applications within your Banks | Financial Institutions.

Real Time Monitoring of CDD and KYC Compliance

With KYCSUITE, technology enabled CDD processes can trigger an ongoing or periodic risk-based monitoring of your customer relationships to determine whether there are substantive changes to the original CDD information (e.g., change in employment or business operations).

Integrated Workflow

KYCSUITE provides a seamless collaboration across the key stakeholders via integrated workflow for internal case management review, and approval to ensure strict control from case assingment to logical signoff and establishes the audit trail.

Analytics & Dashboard Reporting

KYCSUITE provides a complete view of client information and provides you with a comprehensive update on client risk, highlighting the overall customer risk scores.

Also provides you a deep dive analysis on case management from assignment to closure.

The Benefits

Benefits & Value Proposition

Better Customer Experiencee

Energica’ lets you confirm identities accurately and efficiently with a seamless process that can be customized to your bank’ /or/ financial instituion specific needs.

Dynamic Risk Scoring

Our KYCSUITE solutions provides you the flexibility of scoring configuration to determine which data is most relevant to your business needs.

Enhanced Risk Managements

Real-time risk intelligence during onboarding and across customer lifecycle management via 3rd Party Screening and other solutions used by your organization.

Cost Reduction

Increased Efficiecny across your KYC team and reduced cost of compliance.

Digital Transformation & Innovation

Access to world class digital cloud solutions,data platforms and screening solutions to provide you a comprehensive KYC/KYB .

Value Realization

Efficient Onboarding
Centralized Document Management
Accurate Identity Verification
Operational Efficiency
Scalability
Robust Security Measures
Seamless Integration

Product Sheet

Our Solution can automate many of the repetitive tasks involved in KYC, such as data collection, identification verification, and riskassessments. This can help to reduce the time on customer onboarding and to complete the KYC process efficiently .

Explore Energica’ Suite of Platform & Applications

Automated alert investigation solution

Alert Lens

Automated Transaction Monitoring Alert Investigation Solution.

Alert Lens provides an Enhanced evidence gathering, cognitive investigation and automated alert disposition are components of our proprietary solution based on artificial intelligence (AI) and machine learning models. Robust entity resolution and AI-driven smart-decisioning for alerts dispositioned are designed to close the false positives /alerts efficiently.

AML Analytics

Our data visualization & reporting capabilities allow complex data structures, relationships, and trends to be viewed and provide deep insights for effective decision management to minimize the financial crimes.

Digital Customer Onboarding (KYC) Solution for Banking and NBFC

KYCSUITE for NBFC

Digital Customer Onboarding (KYC) Solutionfor Banking and NBFC

Energica’s KYCSUITE is specially designed for NBFC with objective to reduce Turn-around time, quicker decisions, reduced operations cost.

Schedule a demo

See for yourself how Energica can help your organization. Book your complimentary demo of our KYCSUITE Solution.

Please reach out to [email protected]

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Who We Serve

Digital Customer OnBoarding Solution

KYCSuite is a robust tool simplifying Know Your Customer(KYC) processes. From initial client onboarding to ongoingreviews and remediations, it navigates the complete clientlifecycle. Equipped with powerful features, it boosts compliance, minimizes risks, and enhances operational efficiency across diverse industries.

Financial Institutions
Fintech Companies
Regulated Industries
E-commerce Businesses
Healthcare Providers
Legal Services Firms
Real Estate Service Firms