Netherland based multinational company delivers fund, capital market and private wealth services to its fortune 500 clients. To overcome the challenge of onboarding customers and dealing multiple jurisdiction, client was looking for a solution that not only comes with self sovereign identity but also deal with multiple Jurisdictions for their B2B and B2C customers.
Business Needs
Faster Onboarding
Client has been dealing with multiple B2B and B2C customers. Faster onboarding of customers would be the key for any solutions.
Multiple Jurisdiction
Client has been operating from multiple Jurisdictions. Every jurisdiction has different challenges for managing KYC data and required different combination of documents. Needed a solution that deal with all the documents and Jurisdictions
Data Privacy
One of the biggest challenge our client has been facing is the data privacy. Post FB data breach, storing customer data become biggest challenge especially in Europe region where our client belongs to. End solution has to be compatible with data privacy rights.
Self Managed Identity
Customers should be able to manage their own identity data and share with B2B or B2C organization for KYC purpose.
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