Jean de Crane, CEO Isabel Group, “Instead of a time-consuming and often still paper-based onboarding, this Know Your Customer (KYC) platform will provide a unified ecosystem for organizations to onboard clients and legal entities in particular. We will be able to offer one unique KYC file across all institutions. This will reduce duplication of efforts for financial entities and their clients. Furthermore, individuals will be able to control how and when they share their data using the customer-oriented portal, which will be General Data Protection Regulation (GDPR) compliant.”
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