‹ ř˙ Financial Markets – Keen Expert Solution

Over 10 years we help companies reach their financial and branding goals. Engitech is a values-driven technology agency dedicated.

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engitech@oceanthemes.net

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eKYC - A tool for onboarding your customers electronically

eKYC application allows customers to open a DEMAT / Trading account with their selected broker. The entire process takes 6-8 minutes and your digital contract with e-Signature will be generated immediately.  eKYC system help trading firms to ensure that customers are meeting regulatory obligations, making informed decisions, and preventing their business from being used to launder the proceeds of financial crime or associated with corrupt practices.

eKYC application use Govt. sources and non-government authenticated recommended resources to make sensible informed decisions regarding the account opening and while doing so it ensures that brokers are adhering to mandatory compliance according to SEBI guidelines before opening a trading account in the depository.

eKYC allows customers to submit KYC details for verification from the comfort of their home, thus making the onboarding experience easy and pleasant. Our Aadhaar based e-KYC verification system allows customers to establish their account in a paperless and electronic fashion while still maintaining privacy, security, and inclusion.

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eKYC Solution Features

  • Self-service client onboarding.
  • OTP-based email and mobile number validation.
  • Multi-layered client validation along with in-person verification (IPV).
  • Consent management system as per regulatory framework.
  • Design Integration using Aadhar OTP validation.
  • Real-time dashboard for the tracking of customer applications.
  • Extensive logging mechanism to track logged-in user activities to trace who did what and at what time.
  • Collect and Verify client details using authenticated sources before submission for account opening.
  • Seamless connectivity with TechExcel backend system.
  • Client / Broker/depository are notified at every processing stage.
  • Daily automated data backup.

eKYC Benefits

  • Customer delight
  • Hassle-free onboarding.
  • Less prone to errors, w.r.t manual approach.
  • Broker efforts and time-saving.
  • Immediate account opening without minimum intermediate steps.
  • Broker efforts and time-saving.
  • Customer time at the broker premise is minimized.

eKYC - future of Know Your Customer

The needs for identification and user registration have increased with the transposition of the offer of products and services of all kinds to the online sphere. The eKYC concept applies to all sectors of activity, but it is especially delicate in sensitive sectors such as those related to finance investments and wealth.

eKYC is the expression used to describe the digitalization and electronic and online conception of KYC processes. eKYC (Electronic Know Your Customer) is the remote, paperless process that minimizes the costs and traditional bureaucracy necessary in KYC processes.

Falsification of identity, signatures, and phishing is very common. Specialist businesses dedicated to technical compliance solutions have developed completely secure eKYC processes with zero margins for the commission of these counterfeiting offenses and related crimes.

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