smartKYC has announced a new module, smartLISTS, aimed at allowing financial firms to manage and update their own internal watchlists and develop new ones to aid in future Know Your Customer screening.
“smartKYC’s software already derives precise KYC intelligence from public (open web), professional (subscription) and private sources,” Dermot Corrigan, CEO of smartKYC, said in a news release. “With the addition of smartLISTS, banks can now feel confident that not only is their internal data being managed properly, with the appropriate level of security, partitioning and revision history, but also that they are being screened consistently.”
Because firms often capture data from many sources, critical information is held in disparate databases and unmanageable spreadsheets; smartLISTS was designed to let banks easily manage their own lists of individuals or entities from a single, unified source.
