KCP's working method explained in 4 steps
KCP works according to a tried and tested methodology that has proven itself in practice. It is important to us that our services are implemented easily and smoothly for our clients. We therefore ensure thorough preparation together with our potential client.
Preliminary analysis
KCP delves into policies, procedures, people and systems to make implementation easy. We analyse the current process and translate the policy into practical CDD research steps. This allows us to easily estimate the current internal costs. We also make a gap-analysis reveals what else is missing for a complete and efficient process.
Quotation and contract
Based on the analysis, we estimate the cost per study. We incorporate this into your quotation. Upon acceptance, we process the arrangements in a contract with a detailed description of the work.
Implementation
The investigation is carried out by our specialised KYC experts. Validation, audit and advice are carried out at the client's office wherever possible, the investigation itself can take place partly at KCP's office by arrangement.
At the request of our client, we use paid sources such as World-check, Lexis Nexis, Bankers Almanac etc. We are highly experienced in all CDD specialised information providers.
KYC System
We use a KYC system for workflow, auditing and archiving data and documents. The system is a relationship database in which the links between different people and companies are recorded and displayed in organograms.
Our system is based on existing software and developed and supplied by Effacts BV (www.effacts.com), and configured by KCP for specialised KYC execution and workflow.
Results in a row
Risk management
Risk analyses with guaranteed quality
Meeting regulatory requirements
Our clients' files meet regulatory requirements.
Time and costs down
Efficiency with better results within budget and deadline
Customer satisfaction
Strengthen control and improve supervisor and customer satisfaction
Our services
KCP stands ready organisations that need and want to screen their business relationships for integrity.
Integrity investigation
Integrity investigations include CDD/KYC investigations according to international AML legislation. KCP supervises both projects and Business As Usual.
Consultancy
Our consultants advise clients on CDD processes and implementation, compliance policies, investigation methods and automation. As an external knowledge centre, we are abreast of the latest best practices.
Transaction monitoring
Transaction monitoring consists first of all of identifying and creating transaction profiles. These transaction profiles need to be prepared in great detail in order to monitor transactions.
Training
Specialising in training courses that bring and keep our clients' knowledge up to date. KCP offers training courses, webinars, master classes and basic and advanced courses specialising in CDD and compliance.