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Equiniti To Provide Newly Enhanced KYC Service

Tuesday, 16 June 2020
  • Equiniti to provide enhanced ‘KYC-as-a-Service’ proposition, resulting in time and cost savings, and a streamlined customer journey
  • Newly automated platform and universal API gives customers global reach into any data source, allowing for consistent compliance across multiple jurisdictions
  • Coupled with Equiniti’s pioneering managed service KYC proposition, this offers customers a wholly holistic solution to support their KYC needs

Equiniti Group plc (“Equiniti”), an international technology-led services and payments specialist, is delighted to announce that it is now able to provide an enhanced Know-Your-Customer (“KYC”) service.

This new solution builds on Equiniti’s experience as a pioneer of the ‘KYC-as-a-Service’ model and delivering its unique proposition as an end-to-end KYC provider.

It comes as new technological developments enable Equiniti to offer firms a robust, scalable, and highly personalised solution to KYC challenges. Equiniti will provide industry-leading expertise and access to award-winning technology, as well as handling all aspects of the KYC process, from customer onboarding and complex due diligence investigations, through to large scale remediation projects.

Equiniti’s dual automated and managed service helps lenders efficiently address the increasing KYC demands brought on by evolving regulation. Furthermore, the service provides futureproof access to third-party data sources through universal connectivity.

Michael Ellis, Head of Commercial at Equiniti Riskfactor, commented: “This enhanced KYC service will be a huge step forward in fraud detection and anti-money laundering.  The new KYC proposition complements the existing services we provide for our customers and we look forward to seeing first-hand the benefits it brings them.”

Chris Adams, Head of Product (EQ Digital), commented: “We are delighted to provide a service that is of invaluable use.”

“We are now able to offer our customers improved automation as we further develop our technological capabilities. Our managed service continues to differentiate us within the industry – it proves our commitment to meaningfully reducing risk for our customers and increasing their return on investment.”


For more information:

Tulchan Communications

Martin Robinson
Tel: +44(0)20 7353 4200

Notes to Editor:

About Equiniti Group plc

Equiniti Group plc, an international technology-led services and payments specialist, provides non-discretionary payment and administration services to some of the world’s best-known brands and UK’s largest public-sector organisations.

It is the UK’s leading provider of share registration, employee share plans, and associated investor services, and also has market leading positions in pension administration and software, and employee benefit schemes.

Equiniti’s services, which are delivered by over 5,000 employees, benefit 36 million people in the UK and 120 countries around the world.