Wipro Business Process Services launches automation solution for financial institutions

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Built on the company’s Artificial Intelligence platform ‘Wipro HOLMES’, Wipro has launched an automation solution for global financial institutions, ‘enterprise-Know Your Customer (e-KYC).’ As a Business-Process-as-a-Service (BPaaS), the solution will address the requirements of banks, insurance companies, brokerage firms and non-banking financial institutions, in a ‘services and outcome based’ business model.

wipro logo n 150×150 Wipro Business Process Services launches automation solution for financial institutionsKnow Your Customer (KYC) is a business process to verify the identity of customers. Evolving regulatory reforms require financial institutions to significantly strengthen their KYC and customer on-boarding processes and practices. As a result, the processes around the collation, validation, safeguarding and monitoring of potential customers’ identification and financial information have become crucial… See more 

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