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KYC: From regulatory constraint to growth driver through data product marketplaces

Data marketplace

KYC (Know Your Customer) and KYS (Know Your Supplier) are core regulatory requirements for financial institutions. While necessary, compliance is often seen as an administrative, legislative burden and a complex, siloed cost center. Thanks to the explosion in data volumes, the complexity of ownership structures, growing international sanctions, and increasingly strict regulations that vary between countries, organizations are finding it hard to cope if they rely on manual processes to ensure compliance.

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