Anyone else still wrestling with significant KYB delays?
We're trying to onboard a few new prop accounts, and the Know Your Business process is dragging significantly across multiple platforms we're evaluating. It's been weeks in some cases just to get past initial document submission, and then another round of back-and-forth for what feel like standard business verifications. This isn't a new issue, but it seems to have worsened recently.
Are others experiencing similar bottlenecks, or have you found certain providers to be noticeably more efficient on this front without sacrificing proper compliance? The drag on liquidity access is starting to become a real pain point, especially when trying to deploy capital across different strategies and asset classes like $BTC options.
That's super frustrating! I'm just starting to look into prop accounts myself, and was hoping the onboarding process wouldn't be too bad. Are there any platforms you've found that are at least a little quicker?