A Wholesale Banking business line of a global financial institution decided to improve its KYC approach including further automation in the Customer Due Diligent chain and to implement ongoing process of updating and verifying customer information instead of conducting periodical KYC checks.

To improve customer data accuracy by implementation of perpetual KYC and to have control over third-party data contracts through the defragmentation and elimination of redundant agreements quality by implementing third party data broker.

Leverage the advantages of big data and Artificial Intelligence. Continuous data feed of data on financial institution’s clients and related parties out of external data sources such as company registry, chamber of commerce, stock exchange, global data vendors to be made available via a single portal and via API for further data processing. Deployment in Microsoft Azure.

12 months

Define project objectives and scope, identify project intrenal and external stakeholders. Create detailed schedule and budget expectations. Coordinate and lead project development and execution being technical, functional and nonfunctional SME. Measure project performance and progress. Lead five cross functional teams. Eliminate blockers and potential risks.