Why did we found Terminal North?
Compliance risk has become one of the most significant ongoing concerns for financial institution executives. The margins or error, which are usually the consequence of suboptimal operational processes, have been reduced significantly by law towards zero tolerance. Clear examples of this development are high fines which financial and non financial institutions have paid because of weak and suboptimally functioning compliance teams. Because these compliance teams were not able to properly conduct KYC, they could have knowingly or not knowingly facilitated money laundering related activities. As tech entrepreneurs we want to help KYC and compliance professionals with performing their day to day activities in the best way possible, to enable them to always be on top of their game.
As the significance of Know Your Customer (KYC) is becoming increasingly important, Apollo is Terminal North’s solution to optimize KYC and Compliance processes while reducing risk. Apollo provides a bird's eye view on the status of your KYC identifications, allows to create and send out KYC links to customers, and ensures customer happiness by also updating customers on progress. To learn more about Apollo and see how it can help your business, please contact us.
Know Your Customer
Know Your Trade
Anti Money Laundering