Many institutions struggle to manage their KYC/CDD process. Costs are rising due to inefficient automated solutions, there is insufficient in-house capacity or knowledge to perform the required functions, or policies and processes do not meet ever-changing requirements.
Projective Group assists financial institutions and business service providers with a risk-based approach to KYC/CDD that meets, but doesn’t exceed, regulatory requirements. Our AML consultants have extensive experience working with various types of institutions. They are ready to apply their knowledge and experience to meet your AML challenges.
Projective Group supports companies, from banks to asset managers and business service providers, such as accountants, to manage and optimise their KYC processes. Our tools and expertise not only help them comply with current regulations more efficiently and effectively, but also anticipate future changes and minimise risks.
KYC process management: We take care of the KYC process and ensure files are compliant.
Our specialists have extensive experience in supporting both small and large institutions: from large asset managers to small accounting firms. We ensure that the KYC process is implemented in a way that suits the nature and size of your organisation. So that you can be confident of full compliance, without doing more than necessary. This is also reflected in our pricing: we offer solutions that are suitable for smaller organisations.
For those who do not wish to outsource the entire KYC process, we can also provide flexible support. Some of our KYC services:
Our AML team consists of experts with years of experience and expertise, complemented by starters in the field. This enables us to offer services from different perspectives and budgets.
We help financial institutions get the right expertise at the right time. Our specialists are available for ad hoc requests as well as short and long term projects. This means you can scale up quickly during peak periods and rely on ongoing support for long-term projects. We do this in the following roles, among others:
Choosing the right Customer Due Diligence (CDD) system and effective name screening solutions can be challenging. We can help you select and implement these systems to meet your institution’s specific needs.
Our approach ensures a smooth implementation and that the systems contribute effectively to the organisation’s KYC objectives. By screening customer names against sanctions lists and other risk-sensitive lists, we help minimise risk and ensure regulatory compliance.
While there is nothing wrong with external support, you may prefer to build the necessary skills internally. To ensure that your KYC staff has the necessary knowledge and skills, we offer both standard and customised training courses. We do this through our Training Institute, The Ministry of Compliance.
Our courses are designed to train and certify KYC staff at all levels, from beginners to advanced.
Standard training courses:
Tailored training courses:
