KYC Regulatory Impact: Beyond Compliance
Looked at from a data perspective, many new regulations have overlapping requirements that come back to customer data. Banking Technology joined forces with Markit | Genpact KYC Services and regulatory specialist JWG and recently conducted a survey to look at how firms are approaching the challenges this poses, the survey proved hugely popular with over 200 responses.
The results of the survey showed that firms face immediate compliance challenges but also recognise that a more accurate and timely approach will enable them to focus resources on better serving customers.Join us for this free webinar and hear what 200+ peers had to say about how they perceive the challenges.
- - What are the most important regulatory KYC imperatives
- - Which deadlines are of greatest concern
- - The disconnects in the current regulatory approach to KYC
- - How the industry can leverage the regulatory drive to create competitive advantage and reduce risk
- - Why third parties for KYC data management can do it better, faster and cheaper than any single institution
Director, Head of Business Development and Strategy, KYC Services
After joining Markit in 2007, Jaffer co-led a team of 60 people on one of the company’s fastest growing products, Markit Counterparty Manager. The service helps financial institutions exchange documentation and is a critical tool in light of new regulations being introduced around the world. Under Jaffer’s co-leadership of Markit Counterparty Manager, the firm won a tender from the International Swaps and Derivatives Association to develop a tool for documentation related to OTC derivatives compliance and has launched a FATCA Service Bureau for non-US firms. More recently, Jaffer moved into her current role where she launched a new industry initiative in partnership with one of the largest BPO outsourcing providers, KYC Services which standardises and centralises KYC processes for financial institutions.
PJ Di Giammarino, Chief Executive, JWG
Former COO IT at Barclays Capital, PJ is the founder and CEO of JWG – a think-tank recognised by regulators, financial institutions and technology firms as the independent analysts to help determine how the right regulations can be implemented in the right way. He works with executives in top financial institutions, and with their regulators and suppliers, to bring practical insights into the implementation global regulatory reform.
David Bannister, Editor, Banking Technology
David Bannister is the editor of Banking Technology, one of the leading fintech publications in the industry. He has been covering technology issues for 35 years and specialising in financial technology for the past 24, contributing to a range of titles including Dealing with Technology, Waters magazine, Financial Markets IT, Financial News, the Financial Times, and The Times.