
Storebrand Bank has entered into an agreement with Stacc for the delivery of a comprehensive KYC/KYB and AML platform for the bank’s business customers. The platform brings together onboarding, ongoing monitoring and risk management, giving the bank a clearer risk picture and more efficient compliance processes.
“For us, it is important to combine high-quality compliance work with a strong customer experience. This solution gives us better support in our work, while also enabling us to make processes simpler and more efficient for our business customers,” says Carine Lindman-Johannesen, Head of Credit, AML and Governance in Storebrand Bank.
The agreement will help strengthen Storebrand Bank’s work to prevent financial crime, while also streamlining internal processes. The aim is to reduce manual work, improve visibility and give specialist teams more time for complex assessments.
For the bank’s business customers, this means a smoother and more predictable process in their interactions with the bank. Information can be handled more efficiently, and customers will experience simpler follow-up throughout the customer relationship.
“Financial institutions are increasingly seeking solutions that both strengthen control and make everydaywork easier for banks and their customers. We are proud to have been selected by Storebrand Bank and look forward to delivering a scalable solution that supports the bank’s ambitions in the business market,” says Philip Røer, Product Lead of Stacc CLM.
The partnership forms part of Storebrand Bank’s efforts to further develop efficient and forward-looking processes for serving business customers, while maintaining high standards of compliance and risk management.
Storebrand
Storebrand is a Nordic financial group offering pension, insurance, banking and savings products to individuals and companies. The Group has about 61,000 corporate customers, 2.6 million individual customers and NOK 1,609 billion under management. Storebrand also has a strong focus on sustainable solutions and helping customers make sound financial decisions for the future. More information is available at www.storebrand.no
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