KNOW YOUR CUSTOMER (KYC)
Leverage Intelligent Automation and achieve superior customer experience by automating the account opening process and the entire KYC verification process.
Intelligent Automation in Know Your Customer (KYC)
Know Your Customer is a standard enterprise process in all sectors. It involves validating the data from different documents in an unstructured format.
Datamatics Intelligent Automation Platform enables enterprises to execute KYC verification tasks in one-tenth of the time required for manual processing. It extracts data with high accuracy levels and integrates it with the downstream system. The platform also enables data synchronization with different systems in the ecosystem in real-time.
Automated KYC Verification Use Cases
Use Intelligent Automation to auto-capture data from different channels, such as IT Helpdesk, internet portal extensions, financial crime risk management solutions, Excel massaging data, etc., to maintain status file and make KYC FIT.
Use RPA bots to facilitate closure of the non-KYC compliant accounts as per the KYC cheque return policy of the bank.
Confirm or reject KYC records in the central KYC (CKYC) portal and give the status to the customer.
Download KYC documents from CKYC to fulfill police scrutiny and related procedure for the onboarding customers.
Automate Customer Due Diligence (CDD) and KYC process. Reduce the workload on skilled analysts who spend hours combing through internal and external systems to gather customer-related information amidst increasingly complex statutory mandates.
Check relevant data fields against a checklist from the regulatory authorities, initiate the loan origination process.
Talk To An Automation Expert →
Automate the intake and processing of documents submitted by customers using Intelligent Automation, which are then automatically verified, along with KYC norms and approved/rejected automatically without the need for a customer to visit the branch.
Intelligent Automation is a direct function of People-Process-Technology integration.
Download Now →
Download Now
50% Reduction In Man Hours by automation of the entire KYC processing cycle including receipt of documents via fax, mail, courier, scanning, processing, validating, document management, and generation of MIS reports.
Download Now →
Download Now
Check how the Customer KYC Automation process is automated with the Datamatics Intelligent Automation platform.
Watch Now →
