Existing KYC processes are manual, expensive and isolated

Reliance on a single snapshot

KYC reviews collect static, time-limited data, reducing what you know about a customer to a specific snapshot in time, resulting in missed risk between KYC reviews.

 

Highly manual processes run up huge costs

Manual onboarding, refresh and remediation processes require big teams, driving up the cost of compliance and resulting in poor customer experience.

 

Growing pressure from regulators

KYC regulations increasingly require you to understand even more about your customers and the context in which they operate.

Enhance KYC using dynamic customer context

A contextual view of your customers, suppliers and counterparties helps you make better, faster decisions throughout the customer lifecycle.

 

Our Contextual Decision Intelligence platform:

  • Automatically generates a customer’s KYC single view and network context
  • Continuously monitors data to detect changes and risk triggers within the customer’s network
  • Significantly reduces the need for ongoing due diligence reviews‚ while improving risk management
  • Improves customer experience by minimizing unnecessary customer outreach

Find out how

75
%
Automatically populate
up to 75% of KYC profiles
66
bn
Scale to billions of data records

How contextual KYC works

 

Upgrade your KYC process to a dynamic, contextual approach that automatically updates in response to data and behavioral changes that could flag risk.

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Connect your data to
create a single customer view

Connect internal and external data sources—like KYC profiles, corporate registry data and transactions—to create a single customer view and understand a customer’s risk, even before onboarding.

Highlight new or
changing risk levels

Use dynamic network generation to automatically highlight emerging or changing risks associated with your customer, then reassess the customer risk score in real time.

Reflect and continuously
monitor changes in your CLM

Update your customer’s KYC record in your CLM or KYC system automatically, to reflect changes in their information and risk profile. And move away from periodic reviews with continuous monitoring.

Use the platform for Contextual Decision Intelligence

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The benefits of adding context

Identify customer risks as they emerge, increase operational efficiency, meet changing regulations, and enhance customer experience.

Reduce time and effort spent on periodic reviews

Update your customer’s KYC profile and their context in real time, continuously.

Uncover hidden risk

Use a customer’s network to find hidden areas of risk, including connected parties or complex ownership structures.

Increase analyst efficiency

Save significant amounts of time in risk assessments and manual due diligence during onboarding and periodic reviews.

Find risk in real time

Constantly reassess your customer for financial crime risk using their changing context.

 

Enhance the customer experience

Reduce end-to-end review and onboarding time dramatically.

Reduce processing time

Populate KYC data automatically and spend less time manually collecting information.

Integrate easily and quickly

Use an API to integrate into your own workflows and models for simple onboarding and reviews.

Consolidate and cleanse unstructured data

Increase efficiency and maximize value from external data sources.

eBook

Transform your customer understanding with contextual KYC

Find out how context can reduce the time and cost of KYC by continuously monitoring your customers for risks and changes.

 

 

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KYC, Credit Risk and Customer Intelligence

One platform throughout the customer lifecycle

When you understand your customers inside-out, you can see new opportunities, you can spot hidden risks, and you can speed up information-gathering or onboarding processes.

 

Quantexa’s CDI platform lets you address these three applications in one place, in a single build, and using any data you have access to.

 

Find out more

Why use the Quantexa platform

Build once, use many, ingest to create a single view with networks

Apply your data to multiple use cases—without replicating data sets.

Make faster,
more accurate decisions

Use context to improve decision accuracy across the organization, find new opportunities and uncover risk.

Scale to billions of records
in batch or real time

Built on proven, scalable open source technologies like Hadoop, Spark and Elastic.

Future-proofed open architecture

Integrate seamlessly into your existing IT ecosystem, with flexible deployment options: native, or containerized for private and public cloud.

Ensure data transparency

Use explainable data linking, advanced AI and decision models for regulatory compliance.

Keep your data secure

Rely on granular security levels for dynamic control, with all activity audited.

Speedy time-to-value

Operationalize your data in a matter of months – not years.

Overcome data
quality issues

Use entity resolution and data volume to overcome missing or poor quality data.

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Book a demo

See how our Contextual Decision Intelligence platform helps you better understand your customers, enables data-driven decision making, and speeds up your lending decisions.