Survey results shared by
Duff & Phelps, A Kroll Business on Tuesday (April 21, 2021) revealed that 81% of respondents either agreed or strongly agreed with the idea that digital IDs may improve our ability to combat financial crime across the financial services sector.
Duff & Phelps, which offers governance, risk, and transparency solutions, has polled professionals working in the financial services industry. The survey’s findings reveal that financial crime is now the main driver behind the development and adoption of digital ID services. Around 34% of the survey respondents said that more effective Know Your Customer (KYC) processes/checks were the main potential benefit to their firm.
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Financial Services Support Digital ID, With 81% Of Firms Agreeing It Would Improve Financial Crime Prevention Across The Industry, Survey From Duff & Phelps, A Kroll Business Reveals Date
21/04/2021
Survey results released today by Duff & Phelps, A Kroll Business, the world’s premier provider of governance, risk and transparency solutions, reveal that 81% of respondents agreed or strongly agreed the concept of Digital ID would improve the effectiveness of financial crime prevention across the FS industry.
The survey, which polled professionals
working within financial services, goes on to reveal that financial crime is currently the primary driver behind the adoption of digital ID services, with 34% of respondents citing more effective Know Your Customer (KYC) processes as the greatest potential benefit to their company. Other advantages cited were lower operational costs (20%), efficient ID verification (20%) and more robust verification processes (14%).
Duff & Phelps, A Kroll Business, Hires Andy Marsden To Lead The Firmâs Business Modelling And Analytics Team In London Date
21/04/2021
Duff & Phelps, A Kroll Business, the world’s premier provider of services and digital products related to governance, risk and transparency, today announced that Andy Marsden has joined the firm as a managing director to lead its Business Modelling and Analytics team in London.
Marsden brings more than 16 years of modelling experience and will assist the firm’s clients across all sectors with a variety of requirements including developing transaction models to support buy-side and sell-side deals, and applying data analytics as part of transaction diligence and business strategy design.