DKYC
Smart Know Your Counterparties (KYC) and Due Diligence (DD) Platform and Operate Service
Power on your peace of mind
The multitude of regulation requirements have led financial services industry players and corporations to search for efficient solutions to be compliant with all applicable rules, while mitigating their costs. In this context, we have combined regulatory, industry and technology expertise in an all-in-one and end-to-end service called “DKYC” (Deloitte Know Your Counterparties).
The service covers both initial and ongoing due diligence features, and allows to cover KYC and operational due diligence (using due diligence questionnaires). DKYC also allows to substantially reduce counterparty onboarding/periodic review lead-time and cost, while enhancing data quality and traceability.
Your challenges
Financial institutions and corporations face increasing challenges within their Know Your Counterparties (KYC) and due diligence (DD) strategy and operations, compelling them to think and act differently. Maintaining the underlying solutions and operations internally leads to inefficiencies and high cost of ownership, which is often underestimated. Leveraging on all-in-one solutions and/or externalizing KYC/DD activities improves output quality, increases risk management, and allow to optimize counterparties onboarding/maintenance, while benefiting from an economy of scale in terms of costs.
Our solution
DKYC (Deloitte Know Your Counterparties) is an all-in-one service that combines numerous KYC features & workflows together with AML/CTF expertise. The service is supported by a multi-channel & web-based platform and allows our clients to delegate (as an option) the execution of predefined KYC activities to Deloitte (EU-regulated + ISO27001 & ISO22301 certified). DKYC covers 100% of the Know Your Customer value-chain—from onboarding to ongoing monitoring—and allows a granular and flexible level of configuration to fit your situation.
Our Financial Crime Operate services are customized to meet your specific needs and deliver high-quality execution at sustainable cost.
Know Your Customer (KYC) Operate Services
Our KYC operate services offer a collaborative, outcomes-oriented approach to improving KYC execution, managing client risk and enhancing customer experience while reducing costs by leveraging our proprietary technology platforms and experienced global financial crime professionals.
Anti-Money Laundering (AML) Monitoring Operate Services
Our AML monitoring operate services offer a collaborative, outcomes-oriented approach to improve the effectiveness of AML investigation outcomes while reducing costs by leveraging our proprietary technology platforms and experienced global financial crime professionals.
How Financial Crime Operate works
Embed continuous advantage. Operate with Deloitte.
Organizations are looking to grow and innovate. New disruptive technologies are both making and breaking them. With sought-after skills often scarce and an evolving legal and regulatory environment challenging, it’s hard to keep up, let alone respond to the pace of change that’s reshaping business today.
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You remain in the driver’s seat while we focus on delivering outcomes. From cybersecurity to tax compliance, to custom application creation and ongoing development, our unique portfolio of Operate services allow you to perform and innovate continuously, accelerate growth, and manage risk with confidence.
This is an opportunity to move beyond traditional outsourced services into a world where you operate with agility, through embedded experience, cutting-edge technology and automation, data insights, and advantage needed to maximize opportunities again and again.
