Peg system, a software company specializing in business process management (BPM), has launched a solution to Know Your Customer or KYC (Know Your Customer “). This system, based on the Smart Suite platform, will allow banks and insurance companies better manage their processes addition of new customers and ensure the overall level of compliance requirements and complex control procedures that were supposed to meet them. Further down the rest of the press release.
The new solution Peg systems’ requirements for automating certain KYC rules in different jurisdictions, customers and products worldwide, which enables the organization to fulfill 100%. At the same time improving customer service, because the process of opening new accounts have speeds up to 70%. KYC solution provides a common platform that allows for specialization by country, business and product processes certain KYC guidelines. This solution reduces manual document and repeated requests for documents, and therefore significantly reduce dynamic and operational risk by improving the customer experience.
Peg system should be based on the Smart Suite, KYC solution helps organizations manage complex business processes and rule-based. In addition, integrated policies and procedures to ensure compliance with specific regulations by region and by product with real-time tracking. Build thanks to a patented technology for Change ® (Building for Change), Peg system, authorized users can easily modify the rules and processes that arise from changes in policy or comply with regulations in different risk.
One Response to “Good Solution for Managing Financial Sector Business”
Trackbacks/Pingbacks
[...] of Industry and the Official Credit Institute (ICO) for the implementation of the Plan Avanza financing line 2 with the budget of 200 million euros for [...]