KYC REFRESH AND REMEDIATION PROGRAMS

What is ezyKYC?

ezyKYC is a cloud-based platform designed to help financial institutions that are required to refresh or remediate high-volumes of “know your customer” (KYC) data in a cost effective, efficient and transparent manner.

Many "know your customer" or KYC refresh or remediation programs involve contacting thousands of customers which can be both time consuming and an ineffective way of collecting missing information from customers by postal mailouts.

If you are looking for a faster and smarter way of performing KYC refresh programs where customers need to be engaged directly then contact us to arrange a demo.

KYC REFRESH AND REMEDIATION PROGRAMS

How it works

Are you still wasting your time and money trying to collect missing information from your customer via posting letters? Many know your customer on KYC remediation program involve contacting thousands of customers.

ezyKYC significantly reduces the time and effort involved in completing KYC remediation programs and provides full transparency over the process.

In five easy steps, ezyKYC automates the collection process and improves the customer experience.

  • ACCOUNT SETUP

    • Sign up for a business account
  • PREPARE KYC FORMS

    • Select forms and download to your personal library or design new forms and upload
  • DISTRIBUTE KYC FORMS

    • Prepare client data to populate forms and distribute individually via email or in batch using customised email templates
  • COMPLETE KYC FORMS

    • Recipients use a SMS code to access the form and complete, e-sign and return
  • REVIEW COMPLETED FORMS

    • Review and approve completed forms or reject forms that have not been completed correctly
  • ANALYSE RESPONSES

    • Track the status of every form, at every stage in the workflow cycle
KYC REFRESH AND REMEDIATION PROGRAMS

What are the key features?

  • Pre-built library of KYC forms to download to personal library

  • Design your own forms or upload to the library

  • Prepare client data and run the batch scheduler to quickly populate thousands of forms

  • Structured workflow process for assessing risks and controls

  • Two-factor authentication, digital signing and send responses in minutes

  • Review and approve or reject forms using in-built workflow

  • Data analytics track the status of every form, at every stage in the process

  • Flexible deployment options - fully-hosted or deployed on-premise

KYC REFRESH AND REMEDIATION PROGRAMS

Why choose our product?

Collecting missing information from your customers by sending letters can be slow, expensive and ineffective.

  • Reduce the time it takes to complete KYC remediation programs
  • Save money by collecting KYC data electronically, reducing compliance costs
  • Simplify KYC data collection, increase response rates and reduce the hassle-factor for clients
  • Spend less time project managing remediation programs, track status real-time
  • Manage remediation processes using a structured workflow to streamling data collection and verification
  • Real-time analytics keeps track of the status of KYC remediation programs
  • Provides peace of mind to the Board and demonstrates progress to regulators
  • Capture and record client responses in one simple repository, reduce paper chase nightmares!
KYC REFRESH AND REMEDIATION PROGRAMS

Pricing

ezyKYC is typically used on a project-by-project basis, based on client specific requirements.

Contact us to discuss your requirements and request a demo.

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Testimonials

Learn more from our clients and our partners about why they enjoy working with Arctic Intelligence.

Arctic has developed a unique platform that will fundamentally change how AML/CFT risk assessments and AML/CFT program manuals are developed across a diverse range of industry sectors, including gaming and wagering.

Porus Govekar

William Hill - Compliance Manager (AML/Fraud/Responsible Gambling)

The Arctic team has put together an outstanding platform that explains in everyday language the AML/CFT rules affecting our businesses.

Nathan van den Bosch

CEO - Bitcoin Trader

Knowing that we have the technology supporting our business gives us an exceptional degree of confidence that we will be meeting and exceeding regulatory expectations moving forward.

Martin Asher

CEO - Lex Exchange

Very impressed with the technology and how easy it was to navigate.  I did not have any prior training, however it only took a couple of pages to understand how it works.

Charlie Woods

Craigs Investment Partners

AML Accelerate is a fantastic tool – for Xinja, who is striving to be Australia’s first truly independent 100% digital neobank, this helped establish our AML Program.

David Nichols

Xinja, Chief Risk Officer

Arctic has intuitive platforms that take away much of the ambiguity associated with the development of an effective risk assessment and AML/CFT programs. It is clear that it has been designed by industry experts who have a genuine passion for removing the complexity of compliance.

Greg Hogarth

OFX - Head of Compliance APAC (2017)