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PMby u/pablo.martin·3dQuestion

Anyone else finding KYC/AML a major hurdle for EM desks?

It seems like every time we try to onboard a new regional bank or institution, particularly those in less-trodden EM corridors, the KYC/AML process becomes an absolute saga. The documents required often feel like they're designed for a bygone era, and the back-and-forth can stretch what should be a two-week process into months. It's especially frustrating when you're trying to capture fleeting arbitrage opportunities or expand a high-volume flow desk. We've even had some potential partners just give up entirely, which is a real shame given the potential. Is anyone else experiencing this level of friction, or have you found a provider/solution that genuinely streamlines this for EM-focused entities? It feels like we're constantly tripping over red tape.

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