KYC Hub Launches OpsFlow for Automated End-to-End Onboarding

Due diligence and compliance automation specialist KYC Hub today announced the launch of OpsFlow in response to calls across various industries for a single solution to manage the complex onboarding process.

OpsFlow provides clients with the ability to plug in hundreds of global verification types through workflow and intelligent automation including Robotic Process Automation (RPA). This capability means the solution can handle different use cases and industries with ease using no-code integration. Industries that can benefit from this include retail, digital, commercial and industrial banking, gaming, real estate, crypto, financial services, payments and investment and asset management.

“We are excited to bring our end-to-end single solution for onboarding to the market. We have repeatedly heard from firms across a number of industries that they currently struggle with managing multiple onboarding systems that create a multitude of inefficiencies. Our no-code solution is truly end-to-end and help eliminate these inefficiencies,” said Farnoush Mirmoeini, Co-founder, KYC Hub. “With the use of intelligent automation OpsFlow enables users to configure onboarding workflows based on low- to high-risk profiles as well as different verification types while making it possible to onboard and monitor both individuals and legal entities in a single system. This means our clients as well as our clients’ clients have a much smoother and quicker onboarding experience,” added Mirmoeini.

The highly configurable onboarding solution enables firms to create bespoke workflows through RPA with 180 dynamic risk factors updating in real-time. This ensures that, even during the onboarding process, changes in factors impacting risk profiles are not missed providing greater protection for a broad set of financial institutions and businesses.