(July 20): With the ever-growing number of legislative and regulatory requirements, the Anti-money Laundering (AML) or Know Your Customer (KYC) processes get more and more complex. Astonishingly, Celent reported that AML/KYC analysts spend on average 50–65% of their time on data gathering – low-skilled and boring task. Sounds like huge room for improvement to make employees more satisfied with their day-to-day to-dos. Let’s take a closer look at this.
A day in the life of data collector?
Eighty per cent.