Risk Management - Articles
Know your Customer and Know your Vendor in a complex and robust assessment flow
February 17th 2020
In current economic scenario interactions between companies can be very complex and could present at the same time opportunities and threats. With the increase of exchanges, know exactly business partners, not only their identity but also the ownership chain, is the right way to establish powerful and long-term relationship.
If from one side compliance requirements are established by law, on the other side processes to find out a Beneficial Owner in a Know you Customer (KYC) and Know your Vendor (KYV) flows are a good practice to follow in day-by-day business activities.
Discover more about KYC and KYV and SkyMinder solutions dedicated to Compliance process.
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