The Compliance Tightrope

How Interfy Helps Financial Institutions Stay Agile and Secure 

Imagine the constant pressure of ensuring AML/KYC compliance while managing ever-evolving regulations and customer demands. It's a tightrope walk for financial institutions, requiring agility and robust systems.

The Struggle is Real: A Mountain of Paperwork

Many Risk/Compliance/IT Managers in the financial sector know this struggle all too well. The constant barrage of customer documents – account applications, annual reviews, and KYC updates – can be overwhelming. Traditional methods often rely on encrypted emails, a secure but time-consuming communication channel.

These documents rarely change much, leading to customer frustration as they re-enter the same information year after year. For your team, the pressure to collect these documents promptly is immense, but you can't afford to be too aggressive – maintaining strong client relationships is crucial.

Interfy: Your Partner in Compliance Acrobatics

Interfy, a powerful ECM/BPM platform, is specifically designed to help financial institutions navigate this complex landscape. Here's how Interfy empowers you to achieve compliance efficiently and keep your customers happy:

• Effortless eForms with Pre-Filled Data: Ditch the paper chase! Interfy allows you to create dynamic eForms that automatically populate existing customer data from any internal source. This saves everyone time and reduces the burden of repetitive data entry. Customers perceive a higher level of service as Interfy "remembers" their information.
• Smarter Workflows, Happier Clients: Interfy's BPM capabilities automate the entire document collection process. The platform identifies missing documents and triggers friendly reminders via the chosen channel, keeping your clients informed. Visually compelling reports provide a real-time snapshot of client status, allowing your team to stay on top of the process.
• Transparency and Empowerment: Interfy fosters a collaborative compliance environment. With Interfy, your clients can actively participate in the process by completing eForms directly within the platform. This eliminates the need for multiple software programs and streamlines the experience for everyone.

The Interfy Advantage: Quantifiable Results

Going beyond features, Interfy delivers real impact. In our experience, the average reduced KYC processing time is around 40% with Interfy's combined SaaS ECM/BPM capabilities in place. Our clients reported a significant improvement in the onboarding experience.

Ready to Take Control of Your Compliance Journey?

Interfy can help your financial institution navigate the compliance tightrope with confidence. Schedule a 1:1 consultation to see how Interfy can work for you.

By leveraging Interfy's innovative approach, you can achieve regulatory compliance efficiently, streamline workflows, and improve customer satisfaction.