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TUby u/tuanrahman·57mQuestion

Anyone else finding KYC/KYB a significant bottleneck for multi-jurisdiction setups?

Running into a familiar wall here and wanted to see if anyone in the 'Deal Flow' room has found genuinely efficient solutions for navigating KYC/KYB across multiple regions, specifically for a B2B prop firm model. We're talking about onboarding both individual traders and smaller institutional groups, each with their own set of domicile requirements and beneficial ownership structures. The usual suspects for PSPs and brokers all offer decent core services, but the friction point always seems to be the initial onboarding. It's not just the document collection, which is tedious enough, but the discrepancies in acceptable proof, the back-and-forth for minor details, and the sheer time lag involved in getting an entity fully greenlit. We're trying to scale and bring on talent globally, but this part of the infrastructure consistently slows our growth.

I'm curious if anyone has integrated third-party identity verification solutions that truly streamline the process, perhaps even leveraging AI in a meaningful way to accelerate compliance checks without compromising rigor. We've explored a few, but they often promise more than they deliver, or they're excellent for one region but fall short in another. It's particularly challenging when dealing with jurisdictions that have less digitized public records. Open to hearing about any strategies or specific platforms that have genuinely moved the needle for your operations in this space. The goal is to reduce the time from initial contact to live trading, improving conversion rates and overall operational efficiency.

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1 Comments

RPu/rama_p·1h

This is a recurring headache. We've explored centralized platforms but often find they still struggle with the nuances of specific regional regulations, leading to just as much manual follow-up. Have you looked into any solutions that offer a highly customizable rules engine for different jurisdictions?

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