Low Cost & High Value

Cost-Effective

We offer the best value for money on the market. Our cost per outcome is generally the most competitive.

Enrich Data from Any Input Source

Agile

We move fast and have the ability to ramp up complex engagements with urgency and speed.

Result

Quality & Accuracy

We pride ourselves on maintaining 99.95% accuracy levels as well as 100% uptime for our clients’ most mission critical processes.

Compliance & Security Focused

Secure

We value and respect our clients’ data and intellectual property, and our operations are secure and monitored.

Category: 
Financial Services Outsourcing

KYC (Know Your Customer) Process Management

Along with the advancement in technology comes the increased risk for crimes that may be committed virtually and globally like money laundering, bribery, and fraud. With the Internet and other digital forms of communication, it is easier than ever to shield one’s identity or skew details to appear more favorable for a given situation.

The mandatory duty to Know Your Customer has never been as crucial as it is today. Many companies understand the risks but lack the time or resources to carry out KYC research that reflects proper due diligence. Cursory checks do not provide a level of detail that ensures businesses or other third parties are adequately aware of who they are doing business with. This can expose them to dangers that can be costly, time consuming, and affect their reputation in the long run.

Financial institutions in particular cannot afford to overlook the implementation of thorough KYC guidelines. But taking appropriate measures to confirm a person’s identity and suitability as a client require a clear understanding of Federal and State laws as well as the resources to properly carry out the right procedures.

Assivo is committed to providing an extra hand to financial institutions and affording them an additional layer of protection before and while doing business with customers.

Outsourced KYC process management streamlines customer verification through document validation and electronic identity verification while remaining compliant with company and government protocols. Our fully managed, data-driven workforce is equipped with the right tools to legally verify the identity of people and the authenticity of documents. We run them through databases to determine whether they have committed bribery, corruption, high crimes, or money laundering. We also conduct due diligence and ongoing monitoring, as needed, with scalable teams that can grow or decrease as needs change.

The result?

Clients engage in business with assurance that robust KYC measures have vetted their customers to reduce the risk of fraud and liability.

90%+ Client Retention Rate

We have a 3-year client retention rate of over 90%. Additionally, over 87% of our clients expand their relationship with Assivo into multiple functional areas after successfully outsourcing their first process to us.

40–60% Average Operating Cost Savings

Our client companies achieve an average cost savings of 40–60% as compared to their in-house operating costs. We convert our clients’ fixed costs into variable costs. We also reduce their recruiting, training, and retention issues.

99.95% Accuracy & High Reliability

Our team has delivered 99.95% accuracy to our clients and continues to do so on an ongoing basis. Our operations are built to maximize accuracy, while maintaining industry-leading uptime. Our clients rely on Assivo to work on their most mission-critical processes.

Trusted by Leading Organizations for Our Reliability, Experience & Expertise

How to work with

assivo

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Define

Share your unique challenges and work requirements, and we’ll create a custom proposal just for you.

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Test

Start with a pilot program to see your workflow in action, and we’ll discuss your feedback along the way.

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Launch

Go live with a fully trained team of outstanding Assivo staff. Your dedicated team will be overseen by a capable project manager to ensure your needs are met.

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Manage & Scale

Provide feedback and growth metrics, and we’ll manage your team’s productivity, work output quality, and size.