LexisNexis Risk Solutions has teamed up with Know Your Customer to provide an onboarding and KYC solution for its clients.
Meet KYC/KYB Compliance Obligations More Effectively ↗
What happened
- Know Your Customer's modular solution is delivered through a SaaS platform and a RESTful API.
- The KYC Data module provides real-time access to more than 500 local company registries worldwide.
- WorldCompliance Data includes almost two million structured PEP profiles.
- Screening is automated at onboarding and on an ongoing basis, and the article claims onboarding times can fall from up to 26 days to under one day.
Why it matters to Signicat
- The article's 26-day to one-day onboarding claim is vendor-stated and uncorroborated; it is an unverified benchmark for comparison pages.
Evidence from the source (5 quotes)
- “delivered through an intuitive SaaS platform as well as a Restful API” source ↗
- “real-time access to more than 500 local company registries worldwide” source ↗
- “almost two million structured profiles of PEPs” source ↗
- “onboarding times can be reduced from up to 26 days to less than one day” source ↗
- “onboarding times can be reduced from up to 26 days to less than one day” source ↗
AML KYB screeningOrchestration platformPartnershipProduct launchGlobal
5 of 5 facts verified against the source · confidence medium · claude-haiku-5-5