Key Benefits of Actimize Know Your Customer - Customer Due Diligence
The Bank Secrecy Act (BSA), the Third EU Money Laundering Directive, and other global AML regulations require that financial institutions implement robust customer due diligence programs. Major international institutions across the financial industry, such as BB&T and DBS, have chosen Actimize's KYC-CDD solution because it enables them to:

	Achieve consistency in compliance processes Automate risk evaluation processes and centralize risk evaluation services to drive consistent decisioning across the enterprise. Eliminate redundancy of multiple systems and subjectivity in evaluating risk, minimizing inconsistencies in compliance processes between lines of business.
	Increase staff productivity and efficiency Automate manually intensive compliance processes, enabling staff to do more in less time. Manage the day-to-day compliance workload more efficiently with a solution proven to reduce 3,000 hours, or $100K, in case review processes monthly (based on client case study).
	Deploy quickly and cost effectively Leverage a modular architecture that can be deployed in phases, with implementation timelines of less than one month. Meet immediate needs with pre-defined KYC-CDD processes and workflows; easily adapt processes to reflect current and future requirements.
	Meet all global regulations and recommendations Gain coverage for the various regulations of individual jurisdictions, including FinCEN, FSA, JAFIC, OSFI, and more. Adhere to recommendations from industry groups such as:
	Financial Actions Task Force (FATF) European Union (EU) Directives Basel Committee for Banking Standards Egmont Group