IDC PlanScape: DX for KYC Compliance in Financial Services

IDC PlanScape: DX for KYC Compliance in Financial Services

This IDC study lays out a basic framework for financial institutions to create a strategy toward a KYC process that is efficient and comprehensive. "Financial institutions should develop a comprehensive KYC strategy and road map. Too many banks have multiple onboarding and KYC processes and technologies. A comprehensive approach would look to consolidate these processes and technologies across lines of business as part of a larger organizational client life-cycle management strategy," says Steven D'Alfonso, research director, IDC Financial Insights.

Please Note: Extended description available upon request.

IDC PlanScape Figure
Executive Summary
Why Is DX for KYC Compliance Important?
What Is DX for KYC Compliance?
Digital Trust and Stewardship Use Case Detail
Who Are the Key Stakeholders?
How Can My Organization Take Advantage of DX for KYC Compliance?
Advice for Technology Buyers
Related Research

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