THE RISE OF REGTECH
IMTF has been providing process automation solutions in the international financial services industry for the past 30 years. With a workforce of 200 employees and offices in more than 50 countries, the company has successfully carved out a place for itself in the highly specialized and fast-growing RegTech market: “Compliance – efforts to ensure adherence to legislative or regulatory provisions (anti-money laundering, tax compliance, etc.) – is now the most important challenge that the banking industry faces today”, explains Mark Büsser, Managing Director of IMTF. “Our solutions let banks automate the entire onboarding and client lifecycle management process. They cover all requirements end-to-end: intuitive capturing, knowyour- customer compliance, risk management, forms and contracts as well as real-time integration with existing banking systems.” Also, screening and identity-matching technology make it possible to extract information from blacklists and the web relating specifically to new clients who wish to open a bank account. Not only does this improve search accuracy, it also generates more relevant and meaningful results.