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Reduce the KYC burden and streamline the client outreach process with CoorpID
CoorpID is a secure digital vault and document management tool that financial institutions andtheir corporate clients can use to exchange KYC- related documents and information. With CoorpID, you and your corporate clients can streamline the KYC compliance process, reduce repetitive manual tasks, avoid errors, save time and cut costs: a win-win situation for both parties.
Plug & Play
CoorpID is a plug and play web-based tool that can easily be integrated with your existing workflow systems by logging in through the browser or using the Application Programming Interface (API). Its intuitive interface, based on in-depth knowledge of the KYC process, offers an excellent user experience.
Benefits for Financial Institutions
With CoorpID you can:
- Handle the whole client outreach information-gathering process in a highly efficient,well-structured and secure manner
- Use the KYC information that your client hasstored in its CoorpID vault as the starting point for your desktop research and thus minimise the client outreach
- Send targeted information requests to clients to obtain the required KYC information for each individual corporate entity
- Avoid communicating and exchanging confidential and sensitive information via email
- Easily integrate CoorpID with your existing KYC workflow systems by logging in through the browser or using an Application Programming Interface (API)
- Standardise your information requests using the best practices incorporated in CoorpID
- Improve the KYC customer experience and customer journey
