Markit, Genpact Partner on KYC Service
Business processes provider Genpact and data services provider Markit are partnering to develop a client-onboarding and know-your-customer (KYC) data service that they plan to launch in the second quarter of 2014, according to officials of the companies.
HSBC and Morgan Stanley are working with Genpact and Markit to develop the service. This makes it easier to create a service that works well for a range of major financial firms, according to Jeff Gooch, managing director and global head of
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