Account Opening Process
HYPERSUITE Account Opening Process
Account opening procedures have become increasingly complex in many countries as a result of regulatory requirements. The HYPERSUITE Account Opening Process, solution is based on the due diligence of the Swiss Federal Banking Commission. It combines regulatory issues with process automation.
This specific solution designed for the due diligence process of financial service providers comprises the following features:
- Integration into the (core) banking and CRM systems via an independent process layer
- Standard interfaces with many of the well-known banking systems
- A highly-automated process using workflow-based processing and flawless monitoring of all process steps
- Automatic blacklist and PEP checks
- Automated generation of all forms required for each process, such as contracts, A forms, R forms including automated archiving of all documents using barcodes and OCR technologies
- A simple, intuitive, user-friendly web front-end that can be seamlessly integrated into your intranet/portal
- A flexible process modeling tool HYPERSUITE Orchestrator
- Integrated timer functions to ensure that deadlines set by various regulations are met
- Full audit trail