KYC Venue helps Stock & Commodity Brokers to on-board their clients seamlessly through Paperless KYC process with best practices prevalent in the market. Digitization of KYC helps the broking organizations by:
1. Reducing costs
2. Increasing efficiencies
3. Reduced client conversion and activation time
4. No printing, transportation and storage of physical forms
5. Easy maintenance of due diligence
KYC Venue is the only eKYC solution that is enabled with Offline-Aadhaar facility to retrieve client data and use it for client account opening.
With KYC Venue, Stock Broker can start the eKYC services instantaneously within 30 minutes of initiating the process.
KYC Venue does not require any third party services. This way Stock brokers can further reduce their costs by a greater extent. It also does not require any hardware and software as it is a cloud based secure system.