Amliorer le processus de KYC Commission Fintech - 27 mai 2019 - - PowerPoint PPT Presentation

Commission Fintech - 27 mai 2019

Améliorer le processus de KYC

2

Améliorer le processus de KYC / 27 Mai 2019 / Commission FINTECH Insertion>Pied de page : ajouter la date

Agenda de la réunion

• 1. SWIFT KYC Registry pour les entreprises: centralisation et partage des données

KYC de manière standardisée et sécurisée (20min) *

• Marie-Charlotte Henseval. Head of KYC Compliance Services SWIFT
• Rebecca de Cuyper Transformation Management Global Banking BNP Parisbas
• 2. BLUE CATALYST- CLIPEUM (20 min) *
• Damien de Chillaz Head of Blockchain & B2B Platforms CAPGEMINI Manuel Sevilla CDO CAPGEMINI
• Martial Chambounaud
• 3. CONFORMITEE (5 min) *
• Frederic Mai CEO
• 4. PEER TO PEER échange
• Noelle Belmimoun

3

Améliorer le processus de KYC / 27 Mai 2019 / Commission FINTECH Insertion>Pied de page : ajouter la date

Lo que hace falta es más conocimiento Sin emoción no hay proyecto

Eduard Punset 1936- 22nd May 2019

SWIFT KYC REGISTRY

KYC for Corporates

Leveraging on community collaboration to tackle global KYC challenges

The KYC Registry for Corporates

Be part of the journey!

May 2019

Rebecca DE CUYPER Transformation Management Corporate Coverage EMEA, BNP Paribas Marie-Charlotte HENSEVAL Head of KYC Compliance Services, SWIFT

“KYC for Corporates is a dream come true for all Treasurers, considering the heavy workload involved in providing the same documentation several times in multiple formats to our banking

• partners. We look forward to having a secured shared registry

where we can more easily and rapidly complete the KYC processes”

John Colleemallay, Senior Director Group Treasury & Financing, Dassault Systèmes

• 1. KYC named as one of the top challenges

Resources

Currently KYC information collection requires significant time investment due to lengthy KYC bilateral exchanges in view of on-boarding and recertification and due to lack of standardisation amongst banks

On-Boarding Complexity

KYC should be regarded as factual and not as a competitive commodity

• 1. KYC named as one of the top challenges
• Data collection is a repetitive process
• Lack
• f

standardisation leads to manual workflows

• Process carried out across multiple

channels adding to complexity

• Irregular review cycles & schedules
• Lack of transparency
• Increasingly

strict regulatory requirements

• High overall costs for all involved

parties

The result: KYC is time-consuming, repetitive, cumbersome & costly

• 2. The KYC Registry for Corporates: Our Mission

Trust & Experience Global Standard Collaborative Approach

Leveraging on the existing KYC Registry platform serving 5,500+ banks in more than 200 countries Create a global standard for KYC information in the Corporate space Designed in partnership with Corporates & Banks during regular forums, where strategic direction & compliance topics are discussed

• 2. The KYC Registry for Corporates: Advantages
• Single standard for KYC requirements, defined by the community
• Global solution as antidote to multiplication of local initiatives
• Target is to cover most of KYC requirements
• Secure, reliable and user-friendly platform
• Full control over provision and access to your KYC data & documents
• Qualitative data validated by SWIFT
• Audit trail and increased transparency
• Trusted 3rd party non-profit cooperative
• Less costly than commercial ventures or investment in multitude of local

initiatives

• Compliant with data protection regulations

Single central source to share and collect KYC information, allowing a streamlined KYC process for Corporates

Benefits: efficiency gains, cost reduction, enhanced client experience

• 2. The KYC Registry for Corporates: Success Factor in

Collaborative Approach through…

KYC Working Group

• Actively support solution design by validating

proposed baseline & business model

• Provide feedback on functions and features of

the solution

• Deploy promotional activities internally &

externally to ensure optimised adoption.

• Closed for registration

Engagement Group

• Stay up-to-date with the recent developments
• Get information on solution’s development

through regular WebEx sessions and calls

• Promote the solution and share feedback

directly with SWIFT to support the KYC Working Group

• Open for registration

• 2. The KYC Registry for Corporates: Working Group Members

35 Members 16 Countries 3 Regions 100+ Relationships

BANKS CORPORATES

• 2. The KYC Registry for Corporates: Extract from Engagement Group

Follow Learn Share Benefit

JOIN

53 members to date

Be part of SWIFT’s Engagement Group

Subscribe now to the KYC Engagement Group to:

• Stay up-to-date with recent developments
• Have direct access to our KYC experts structuring the

solution

• Share your feedback on the solution’s development
• Be part of the vital SWIFT KYC Community

Use the link to register and learn about Terms & Conditions: https://www.swift.com/webform/kyc-pilot-engagement-group The more input we receive from the community, the more effectively the solution will suit KYC needs of corporates and their

• banks. It is a mutual challenge; the community should address it

collectively. Share the link with your counterparties within the community (banks/corporates) to adopt the solution once available.

• 3. Evolution of the SWIFT KYC Registry Solution

• n KYC R

2015

2016

2017

2018 2019 2020

• 3. Evolution of the SWIFT KYC Registry Solution: next steps

Modularity Regulators Integration

Work on a modular baseline to cover the KYC requirements for Corporates involved in various sectors of activity Seek support with regulatory bodies on the KYC standard use Allow automatic flow of data between parties via API

“As a global corporation, the efforts of Siemens to perform KYC- related tasks across the institution is a repetitive, lengthy and a cumbersome process. At Siemens Treasury we are constantly looking for ways to increase our efficiency. With SWIFT announcing KYC for Corporates, we are delighted to see a well-positioned player moving ahead to answer this need with the full strength of its banking and corporate community”

Stephan Ziegler, Head of Bank Relations at Siemens Treasury

KYCRegistry.Corporates@swift.com

CLIPEUM- BLUE CATALYST

https://www.bluecatalyst.io/

www.bluecatalyst.io www.bluecatalyst.io

CONFORMITEE

Un Tiers de confiance agile, qui combine les expertises de plusieurs sociétés sœurs dans :

• L’identification des tiers / l’identité

numérique de l’entreprise

• La création et l’animation de

communautés et l’enrôlement des

entreprises

• La co-construction de solutions

métier

Co-construction Enrôlement Mutualisation

Expert dans le déploiement de solutions au service des entreprises et des banques

Consulting : cash management trésorerie Identité Solvabilité Conformité

Producteur et diffuseur d’informations sur les sociétés ; partenaire exclusif de la plateforme nationale d’annonces légales Plateforme BtoB ; 25 000 entreprises ; +100 par semaine

Digital Mutualisé Mis à jour

2

Qui sommes-nous ?

KYC Collaboratif Standardisé

CONFORMITEE simplifie votre dossier Kyc et mutualise la collecte sur une plateforme digitale et sécurisée.

Propriétaires de vos données, vous maitrisez la communication de vos informations vers les destinataires que vous avez autorisés.

3

Ce que vous voulez améliorer

80% 83% 74%

Dématérialisation insuffisante Pas d’harmonisation Pas de traçabilité sur la complétude du dossier

Kyc = Irriter 1000 clients pour 1 malveillant

STANDARDISER POUR SIMPLIFIER MUTUALISER AU MEILLEUR COÛT SECURISER AVEC PLUS DE COMPLIANCE

Dépôt des questionnaires, documents administratifs, et mise à jour sur votre espace sécurisé Consultation du dossier fournisseur complet et à jour. Intégration des data / documents dans vos SI internes

Archivés Mis à jour Collectés Numérisés Authentifiés Sécurisés Diffusés Relance automatisée

Conformitee : simple, collaboratif, efficace

4

Entreprises Banques

Données publiques, Journaux d’Annonces Légales, Smart Data, Bénéficiaires Effectifs, Données internationales, PEP, Sanctions, Scoring…

VOUS AIDER A COLLECTER LES DONNEES DEMANDEES

Agilité et Efficacité : une approche Test and Learn

• Expérimentation UX et les fonctionnalités

clés in vitro

• 4 banques avec leurs chargés d’affaires

+ trésoriers clients participent aux tests sur Lyon et Paris (mai et juin)

• Déploiement du pilote sur Lyon et Paris
• 5 banques participent au pilote: avec

plusieurs centres d’affaires et leurs clients « complices » (Oct / Nov)

Prototype et Ateliers UX en cours avec 4 Banques

Pilote déjà planifié avec 5 banques

Roadmap de la communauté de banques et leurs clients

Venez représenter l’AFTE au sein de nos ateliers pour partager les avancées de CONFORMITEE. Investissement temps limité garanti !

Pionniers Prototype Pilote Déploiement

In vitro In vivo

Q2 2019 Q4 2019 2020 2018

Frédéric Maï

fmai@conformitee.fr + 33 675 650 263

20 Bd Eugène Deruelle, 69003 Lyon Le Britannia – c/o Attestation Légale

Hugo Simon-Chautemps

Hugo.simon-chautemps@conformitee.fr + 33 615 676 923

PEER TO PEER

Cette partie est exclusivement réservée aux trésoriers d’entreprise

8

Résultats du questionnaire KYC

I am a treasurer from a :

Large Corporation Mid-sized Corporate Small Corporate

28 sociétés ont répondu au questionnaire KYC dont une société hongroise

9

Résultats du questionnaire KYC

Is the Banking KYC a major pain point for me ?

Yes No

10

To assess what is a pain point for you :

Client relationship suffers from multiple touchpoints and inefficient back-and- forth: The banking KYC process is a repetitive and worthless process A lot of answers received during onboarding processes are similar for one bank to another: the corporate would be open to do the job one time for one bank and share it with the others Each bank has its own specific requests: banks have their own understanding of regulation which leads to custom questionnaires Gathering data and documents is perceived as increasingly time-consuming by corporates: corporates don't feel enough support in answering to the 300+ questions of a typical bank questionnaire. Need to connect with a large ecosystem of data providers: KYC due diligence is a complex end-to-end process involving a number of third-party data providers and verifiers. 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Strongly disagree Disagree Neither agree or disagree Agree Strongly agree

11

This function will be key although to (i) define the roles & permissions between the mother company and its subsidiaries based on “a need-to-know basis” and (ii) allows the treasurer to manage the “social internal life” of its company

Direct client outreach with properly identified counterparties (Legal Entities) and clearly defined roles & permissions Dynamic, end-to-end, tamper-proof audit trail. Keep track of all events throughout the end-to-end onboarding process, from data collection to the sharing with the banks. Pre-filling based on data aggregators (including open data) or banks' data migration in some case. The effort of corporate will be focused on the private information (passport, beneficial owners, Sanctions & embargos … A first level of standardization through a taxonomy of documents. A common taxonomy enables automatic matching between custom questionnaires and data & documents already stored in corporate vaults. The given possibility for the Corporate to onboard its suppliers and collect their documentation. Financial Institutions and Corporate collaborate to improve the efficiency and the health of the system by mutualizing their… 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% I don’t know I don’t want I am not totally convinced I am interested I want it

12

Banks and Insurance company want to collaborate to offer to the corporate the opportunity to experiment a much simpler and smoother experience on the KYC process. To build this solution, we need to validate with you some leading principles.

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% To respect national specificities and sovereignty expectations, the solution should be a decentralized system for document storage (vs a single centralized database). The Data will be stored as close as possible to the Corporate, on a

• vault. This vault cou

Build an international network with national or private storages of documents, depending the size and the choice of the corporate Just to be clear, are you really interested on a KYC solution decentralized and digitalized? Are you willing to give a higher quantitative and qualitative number of information inside the solution than your actual bilateral exchange with banks and insurers? I don’t know I don’t want I am not totally convinced I am interested I want it

afte@afte.com - 01 42 81 53 98 - www.afte.com 3 rue d’Edimbourg - CS40011 - 75008 Paris

@AFTE_France AFTE AFTE

Merci de votre participation