How savings banks automatically keep their corporate customer data up-to-date in OSPlus_neo
Learn how savings banks, together with Finanz Informatik and KYCnow, can significantly improve data quality, efficiency and regulatory security with the OSPlus_neo process “Corporate Customer Data Matching” in our case study.
Uniform, efficient and secure – for every savings bank
The ongoing updating of corporate customer data is one of the key obligations under the Money Laundering Act. At the same time, savings banks face the challenge of implementing these requirements efficiently, in a scalable manner, and without placing an additional burden on their specialist departments.
The OSPlus_neo process “Corporate Customer Data Matching” provides a standardized, fully integrated and media-break-free process that automatically matches corporate customer data with current register information directly in the core banking system.
The result: less manual effort, higher data quality and reliable compliance, regardless of the size of the corporate customer base.
In our case study you will learn how savings banks…
Regularly, automatically, and daily check and update corporate customer data
Use relevant registry information directly in OSPlus_neo without manual research.
Evaluate changes transparently in a "old vs. new" comparison and apply them with one click.
Significantly reduce customer inquiries and internal coordination.
reliably meet regulatory requirements under the Money Laundering Act
Even large corporate customer portfolios can be monitored in a scalable and resource-efficient manner.
This is how savings banks are digitizing corporate customer data matching.
In the case study, Finanz Informatik and KYCnow demonstrate how the OSPlus_neo process “Corporate Customer Data Matching” was developed as a strategic extension of corporate customer onboarding.
The process continuously monitors existing customer data and automatically compares it with current registry data. Any discrepancies trigger an event in OSPlus_neo. Employees receive a clear overview of the changes and can review and implement them – including the automatic provision of the relevant supporting documents.
Download the case study now. You will also receive regular updates. practical insights, tips and news all about KYC, money laundering prevention and compliance in the savings bank environment.
Background
Finanz Informatik, together with KYCnow, developed the OSPlus_neo process. "Corporate customer data matching" Developed to implement the continuous updating of corporate customer data efficiently, automatically, and in an audit-proof manner. The goal is to significantly reduce manual effort, sustainably improve data quality in existing databases, and reliably meet regulatory requirements under the German Money Laundering Act (GwG).
The OSPlus_neo process fully maps regulatory requirements and simultaneously creates a uniform, up-to-date and reliable database for downstream processes in corporate banking – from monitoring and reporting to credit and customer processes.
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We are convinced: Regulatory requirements can be met efficiently, intuitively and without placing unnecessary strain on specialist departments.
With our KYC solution, fully integrated into OSPlus_neo, we support savings banks in keeping corporate customer data permanently up-to-date, reducing risks and significantly lowering manual effort.
Together with Finanz Informatik, we are thus setting a new standard. new standard for the ongoing maintenance and updating of corporate customer dataDeveloped in Germany, closely aligned with regulatory requirements and consistently optimized for the processes and working methods of savings banks.