Comtrade KYC

They go on… for some time

Despite increased resources dedicated to the process, averaging onboarding rose from 24 days in 2016 to 26 days in 2017.

They affect clients’ (dis)satisfaction

According to a survey conducted by Reftiniv, 85% of corporate clients have not had a good KYC experience, and 12% changed banks as a result. KYC is a process that welcomes users, meaning it has quite an impact on their first impressions. Stats show that customers are nearly three times more likely to leave a bank during the first 90 days of opening an account there.

Employees are swamped with administrative work, with no time for commercial activities

Manual data entry implies less efficiency and a greater possibility for operating errors, as well as a lack of insight into the state and quality of data at hand.

For more details on the solution, download our whitepaper.

Download the whitepaper

Comtrade KYC is a solution that cuts down account opening time, reduces processing costs and ensures compliance with KYC guidelines, improving customer experience with every step of banking interaction.

If you want to know more, you’re interested in scheduling a consultation or getting whitepaper, leave your information in the table below and we will soon contact you.