The know your customer (KYC) solution can be used either as a stand-alone system or in combination with fraud and anti-money laundering (AML) management solutions. The tool is expected to provide finer levels of investigation and analytics compared to the existing solutions.
Jonathan Clarke, executive vice president and general manager of Syfact’s European operations, said: With Syfact’s deep experience and expertise in financial crime solutions, KYC is a natural complement to our current product offerings. Our new solution will not only bring exceptional capabilities and KYC best practices to our global client base, but will further increase the effectiveness of their AML and fraud investigations through enhanced intelligence.
