In 2022, the data from Fenergo’s annual research survey of global investment banks underlined a labor-intensive KYC environment where onboarding customers was costing banks up to $35 million a year.
One year later, and the results are in from 2023’s survey.
Have we learned anything in the past year or is KYC still low on the list of priorities for innovation? Are banks realizing the benefits of automation, or do old habits and legacy systems die hard? Join us on this webinar to dive into the results.
Fenergo's Chief Strategy and Marketing Officer, Stella Clarke, is joined by industry thought leaders to analyze the findings of our 2023 global research report investigating the costs and opportunities of KYC compliance.
The webinar unpacks:
- How much time and money KYC compliance really costs in 2023
- Why KYC reviews still take so long for Financial Institutions to complete
- The areas of risk banks are prioritizing for technology investment in 2023
- The key factors causing banks to lose clients during onboarding
- Where legacy tech still prevails and where artificial intelligence (AI) is being applied
Register now
*Bonus: Webinar registrants will gain exclusive first access to our new KYC Trends Report in November.
Meet our Speakers
Oonagh van den Berg
Chief Executive Officer, Virtual Risk Solutions (Moderator)
Stella Clarke
Chief Strategy and Marketing Officer, Fenergo
Nicola Poole
Global Head of New Client Onboarding, Citibank
Jiwan Laly
Chief Operating Officer, Aurora
