Provenir_Datasheet_KYC_Onboarding_210526

Maximize Value Across the Entire Customer Lifecycle

Your clients don’t want to wait weeks, or even days, for their credit applications to be approved. Companies must offer onboarding processes that are easy, quick and customer focused. At the same time, you need to ensure KYC, AML , and other onboarding due diligence is performed accurately and completely for each application. Provenir delivers a unified, flexible solution to simplify your onboarding and KYC processes and power compliance at a lower cost . Leverag e Provenir's advanced automation, analytics, decisioning , and integration capabilities to streamline complex processes from start to finish. With Provenir, you can r educe the time it takes to onboard a client from days or weeks to just minutes , powering a superior customer experience that drives business growth . Because if you aren’t onboarding in minutes, your competitors will. • Responsive service with multi-channel applications, instant decisioning and straight- through processing. • Streamline data access using the marketplace to create a cohesive data ecosystem using virtually any internal and external data source. • Reduced compliance costs with orchestrated KYC processes seamlessly integrated into the overall credit workflow to automate data gathering, data standardization, identi t y verification, due diligence and decisioning. • Lower risk with industry-standard analytic models easily operationalized in your risk decisioning processes. • Increased business-level control and agility with familiar, visual configuration tools to create and change user interfaces, rules, processes and integrations. • Accelerated deployment with Provenir’s Cloud Suite, which offers a cloud-native data, decisioning and analytics platform for easier launching, learning , and iteration .

• Multi-channel support lets clients submit applications over any channel and device. • Multi-currency and multi-language support ensure clients in different countries can work in their native languages and currencies. • Easy integration allows any risk model or scorecard developed in industry-standard analytics tools, including R, SAS, Python, PMML and Excel, to be operationalized in automated decisioning processes. • Wizards import a model, map and validate data in minutes , without any coding. • Pre built and fully maintained data integrations enable rapid data enrichment, automatically aggregating all required data such as client information, credit reports, financial statements and document verification. • Straight-through processing enables instant decisioning with no manual intervention. • Rules-driven decisioning identifies exceptions, determines when manual intervention is required, recommends the next best action and routes the application to the appropriate underwriter.

• The Provenir marketplace speed s integration with enterprise and third-party systems and bureaus. • Business rules ensure only the right data is aggregated for each client or account, eliminating expensive, unnecessary calls to bureaus. • Automated workflow identifies, verifies and validates the customer, performs checks and flags areas of potential risk. • Automated standardization creates data uniformity, ensuring business logic can be applied to all information. • Rules-driven decisioning supports specialization, applying the right regulations for each application to reduce onboarding time while enabling automated compliance across regions and countries. • Dynamic business logic can automatically determine c o mpliance or non-compliance, as well as refer an application to the right individual for further analysis. • Preconfigured data integrations make it easy to use Provenir to aggregate and standardize data and then pass it to existing systems used to determine compliance.

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