Frequent updates to KYC, AML, FATCA and OFSI rules and investment suitability requirements make onboarding a client into wealth management challenging. New rules means new forms to complete and more data to capture, store, review and update. Multiple data entry requirements lead to errors, which create more work and embarrassing follow-up calls to clients who may look upon the brand in an unfavourable way. 

Our Agency Deposits module overcomes all of this with a fully digitized in-person onboarding process that’s streamlined and very simple from both a back-office and customer experience perspective. It offers:

• real-time onboarding that is fully integrated and 100% compliant
• a frictionless user experience that increases brand engagement
• automated data tracking that ensures clients stay current with regulatory updates
• integrations with key analytics that can help build engagement and wallet share

With our Agency Deposits module, onboarding into wealth management products is a breeze, making it easy for FIs to engage this profitable sector with a best-in-class customer experience from moment one of the business relationship.