KYC System

Portfolio

A KYC / AML Product for a Major Bank


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What we did?

We developed a Know Your Customer (KYC) and Anti-Money Laundering Solution which was deployed in 14 countries across Africa and the Middle East.

How we did it?

The Bank had to be compliant with KYC regulations within three months, to avoid penalties. A similar system in the UK had taken two years to create. They knew this was an impossible challenge but because they had seen the speed of how fast we can deliver in a previous project with this client before they came to us.

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The SCAD Software approach is to achieve a 40% code reduction, leading to 75% faster to market and typically 30% lower cost. We delivered in three months - a delivery schedule which was 87% faster than another of the bank’s geographies to create a similar product. It saved the client a considerable sum of money in potential fines had they had not delivered.

Ready to work with us?

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Head Office:

Swift Channel Application Development Pty (Ltd) The Campus, Twickenham Building, Ground Floor, Corner Sloane and Main Road Bryanston 2021, South Africa

Contact Number: +27 11 575 0659

International:

3 The Old Estate Yard, High Street, East Hendred, Wantage, Oxfordshire, OX12 8JY, UK

Contact Number: +44 7900 681725

North America:

c/o ForesightOne Inc., 45 Old Cart Path, Holliston, MA 01746, USA

Contact Number: +1-617-733-8161

Copyright 2022. SCAD Software