Insights
Data Republic website
Published
Share

IHS Markit launches account onboarding solution

IHS Markit, a company that provides a variety of businesses with cutting-edge information, analytics, and solutions, rolled out its Onboard Accelerator. The tool assists banks and services providers in opening accounts with institutional clients in an expedited manner.  

Onboarding clients in financial services can cost institutions over a month due to KYC, credit, legal, AML and other requirements, all of which necessitate potential clients handing over large amounts of information, the company notes.

IHS Markit claims that its Onboarding Accelerator can reduce onboarding times to one day.

The technical aspect of the platform allows for the enhanced onboarding times. Users can create their own customisable digital frameworks for onboarding, choosing which documents and data are needed.

Read more about the solution here.

 

 

 

Share this Article
Related Insights
Featured
Dutch FinTech Map 2022
Make sure your company is on the map! Are you a member, or active in the Netherlands? Provide your details to be featured!
Amsterdam Fintech Week
Amsterdam FinTech Week is back on 9-16 September, fully in-person and online. Be a sponsor, co-organizer, or just participate at the summit or one of the countless side events.
AMLD5 Guide
A source for consulting PSD2 legislation coupled with commentary, tips & tricks, applicability, in collaboration with our member law firms.

How likely are you to recommend Holland FinTech?