HCL’s Customer On boarding Solution
Customer On-boarding Solution for financial Institutions aims to provide a single standardized platform for managing the entire end to end workflow and ensuring KYC compliance leading to reduced money-laundering risk. A few of the main challenges among Financial Services companies is too much manual intervention and inefficient processes (e.g. needing to correct mistakes or re-key data) while taking new customers on board. The proposition showcases the path to meet these challenges and automate vital Banking & Financial processes like Account Opening, Credit Card Origination, New Policy Registration, Loan Origination, New Term Deposit etc.
Customer On-Boarding is all about transforming business style by:
- Managing customer information better
- Leveraging ECM capabilities around the organizational content and legacy applications
- Enabling Cross-selling of products and services