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NTT DATA Adds Artificial Intelligence, Advanced Automation and Robotics to Know Your Customer (KYC) SolutionNTT DATA Services, a recognized leader in global technology services, released its latest enhancements to its Know Your Customer (KYC) solution including advanced automation capabilities to drive efficient operations for financial services clients. "Inconsistent and non-standardized customer onboarding and KYC processes, combined with manual and redundant tasks, often lead to longer onboarding timelines and higher operating costs," said Niraj Singhal, Vice President, Financial Services, NTT (News - Alert) DATA Services. "By automating and standardizing onboarding processes, NTT DATA's Intelligent KYC helps reduce operating costs up to 30 percent, significantly reduces on-boarding time, and creates a superior customer onboarding experience - a critical component to achieving anti-money laundering (AML) compliance." The new Intelligent KYC solution supports smart digitization of manual tasks, cognitive/AI-based identification and verification, and advanced analytics and automated screening to improve straight-through-processing (STP) rates of onboarding processes. These added capabilities are offered as a full end-to-end managed services-based solution including:
About NTT DATA Services NTT DATA Services partners with clients to navigate and simplify the modern complexities of business and technology, delivering the insights, solutions and outcomes that matter most. We deliver tangible business results by combining deep industry expertise with applied innovations in digital, cloud and automation across a comprehensive portfolio of consulting, application, infrastructure and business process outsourcing services. NTT DATA Services, headquartered in Plano, Texas, is a division of NTT DATA Corporation, a top 10 global business and IT services provider with 110,000+ professionals in more than 50 countries, and NTT Group, a partner to 88 percent of the Fortune 100. Visit nttdataservices.com to learn more. Connect with us:
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