Integrated with Pega CLM, Pega KYC manages compliance with country and product specific rules (such as AML/CTF, FATCA, CRS, FINRA, MiFID II, EMIR, Dodd-Frank, and IIROC) to efficiently onboard and maintain multi-product and multi-jurisdictional clients in retail through to commercial banking.
regulatory rule maintenance
Updated quarterly, Pega sources its regulatory rules from a global team of lawyers, ex-regulators, and policy makers. This team includes former heads of regulatory bodies and has experience with all primary regulators including the SEC, OCC, FinCEN, CFTC, FINRA, HKMA, MAS, FCA, and ESMA.
Rapidly respond to audit and regulatory findings with “look-back” capabilities, through automated bulk case creation, routing and escalation, as well as auditability of rule changes. The rule management portal enables you to quickly update rules and rapidly address any findings.
reduced implementation time
Pega’s proven implementation methodology, risk-based approach and pre-built functionality ensures rapid delivery and use. Leverage existing connectors to 3rd-party systems (e.g., World-Check, Equifax, Markit, Clarient, etc.) and 7,000+ out-of-the-box regulatory rules and pre-configured data rules.
multi-jurisdictional, multi-product onboarding
A rules driven process allows you to streamline onboarding of new clients or products in varying jurisdictions. Meet varying local regulatory requirements by applying “what’s required, when required” and limiting new information gathering to “differences” based on jurisdiction, product, or risk.
Talk to an expert and see how Pega can transform your customer experiences with next-generation software applications and solutions.