Onboarding Friction for Corporate Accounts: KYC/KYB Hurdles for Non-Standard Entities

Anyone else finding the onboarding process for corporate accounts, especially for more complex or non-standard entity structures, increasingly cumbersome? It seems like every new broker or payment service provider (PSP) requires a slightly different permutation of documents, beneficial ownership proofs, and operational statements, even after the initial regulatory push years ago to standardize. We recently tried to onboard a multi-jurisdictional fund with a layered ownership structure and the back-and-forth for KYB felt endless, adding weeks to what should have been a straightforward process.

I understand the need for robust compliance, especially in today's regulatory climate. However, the lack of a streamlined, universally accepted framework for verifying more intricate corporate entities is becoming a real bottleneck. It impacts not only our ability to quickly access new services but also ties up significant internal resources in what often feels like repetitive administrative tasks. How are others navigating this, particularly when expanding into new regions or trying out different financial partners? Are there any specific strategies or pre-emptive measures you've found effective in mitigating this friction?