WATIGA, a professional services provider of trust, fund and corporate services in Southeast Asia, today announced the commercialisation of its flagship B2B product WATIGA RESERVE, following many years of in-house testing, enhancement and collaboration with industry participants. WATIGA RESERVE provides businesses the opportunity to access structured information to meet “know your client” (KYC) and third-party due diligence screening obligations when onboarding clients and counterparties. WATIGA RESERVE is tailored to meet specific guidelines by regulators and is particularly useful to law firms, fund management and trust companies.
Often, many businesses encounter lengthy onboarding processes that are not just slow, but overly complex, and which may cause potential clients to drop off, or create dissatisfaction among existing clients. WATIGA RESERVE offers comprehensive KYC screening designed to digitally transform and streamline processes in client onboarding, risk assessment and ongoing monitoring processes.
The WATIGA RESERVE system can be white labelled to specifically carry an enterprise’s own brand and promote corporate identity, without having to build individual systems, thus saving resources. By having a holistic onboarding tool, businesses can further their compliance with their regulatory obligations, make informed decisions, and prevent businesses from being used to launder the proceeds of financial crime or be associated with corrupt practices.
“As a financial institution that is constantly looking for ways to enhance our overall client experience and core office client onboarding processes, our purpose-built WATIGA RESERVE has been part of our digital transformation and a strategic investment that has assisted to propel us to the next level in our journey of growth.” said Matt Richards, Founder & Managing Director of WATIGA.
For more information on WATIGA RESERVE, go to https://www.watiga.com/watigareserve
Comments