KYC & Compliances

KYC Compliance Outsourcing

Know Your Customer is a delicate step after the prospect is converted into a Lead.

Finovace integrates all its knowledge and experience to get your customer onboard after KYC completion. Our KYC management team acts as an intermediary for getting all the required documents from your customer and verifying it at the Level 1 before forwarding it to your desk.

Based upon a classy restrictive Rules Engine, Finovace KYC Compliance follows a world KYC policy that gives an identical and consistent approach to KYC, which, in turn, will be custom to suit local Customer Due Diligence (CDD) requirements.

Inaccurate KYC Management may lead to Money Laundering which may incur you a huge loss in paying government penalties.

Steps That Our KYC
Verification Team follows

Inviting Customer for
KYC

Verification of True
identity

Customer Risk
Assessment

Identifying the
Beneficial Owner

AML Background
Checks

What we Offer as a KYC & Compliance Outsourcing service provider

  1. Onboarding of NEW customers: New regulations have complicated the on-boarding process for Anti Money laundering policy. Finovace simplifies the Onboarding process for you and the end users.
  2. Renewals of KYC Documents: We have the timely reminders for the renewal of KYC of particular end users so that customer’s information is always up-to-date in your preceding CRM.
  3. Record Keeping of Documents: Proper record is maintained for each customer documents avoiding the duplication inputs.
KYC Compliance Of Fx Brokerage
KYC  Outsourcing  advantages

Significant advantages of KYC & Compliance Outsourcing

Reduced operational cost of KYC by 40-50 % .

Dedicated representatives for KYC & Compliance.

Cross-checking of documents at level 1 only, before escalation.

Invest your relevant time for revenue generation

Video KYC is one of the best offering of Finovace as a KYC Outsourcing Service Provider.

Being ISO certified Company the end user’s data is always safe and secured with us.

Forex Brokerage KYC Compliance
Outsourcing

Finovace possess a prudent relationship with Fintech companies and Regulatory Bodies globally, thus delivering the best and tailor-made outsourcing solutions for meeting the KYC compliance of Forex Brokerage.

Our Index for Forex KYC Compliance
consist of

Automated KYC Verification

Manual KYC Verification

On-Demand KYC Verification

Timely Updates about ID Expiration Dates

Frequent Reminders for incomplete KYC verification

KYC Verification Failure Pop-ups and Follow-ups for Re-upload.

Maintaining this catalogue of KYC, Forex Broker can stay assured of AML/KYC Policy.

Consult An Expert

Finovace team of professionals are ready to answer your questions,
guide you to the right solution or help you with your network design.

Finovace Group, launched in 2018 offers one stop services for all Fintech, BPM, KPO and Outsourcing Services. With the skilled team and right KPI & SPO, we offer one of the best services and support for the businesses to grow with us.

128 City Road, London, United Kingdom, EC1V 2NX

+91 20 4864 0596| + 44 20 38076291

Disclaimer  :  "Finovace" is an independent Technology and Service Provider which ONLY offers services to Fintech Companies & Brokers Worldwide. FINOVACE or its affiliated companies working for the Brand does not offer Monetary Services and neither hold or accept any part of the public payments. Finovace neither is a broker nor a liquidity provider.

Therefore, all regulatory, legal and compliance issues and activity responsibility concerning the Finovace’s Client (Broker/ Bank/ Fintech or any Entity Involved) is entirely under their responsibility. Finovace Does not represent Investments, Trading, Gambling, Speculation or any Money Involved Businesses.

Finovace holds ISO 9001 : 2015 for Quality Management System and ISO 27001 : 2013 for Information Security Management System.

Each firm of Finovace network is legally separate and independent entities affiliated with/ represents or resells the products and services for Finovace.

All the brand names, company names, logos or any Intellectual Property belongs to their Respective Owners Only. The use of a company's brand logo does not represent an endorsement of Finovace by the company, or an endorsement of the company by Finovace, nor does it necessarily imply the existence of any contractual relationship. All individuals/ institutions seeking to sign up for a Service or Products are subject to verification and vetting process, which includes a “Know Your Customer” (KYC) documentation to be furnished by the beneficiary/ approaching client.

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