Create Entity in KYC Platform Enter all customer information within the below sections: Customer Details Business Details Capture Entity Business Supplementary Details Data Unit Risk Add LE Role Customer/Account – Add additional address(es) Add Product Details Add Associated 3rd Parties Upload Request Upload all customer documents that were gathered Business Documents during CIP and CDD Unit Shared Assign KYC Assign to Shared Services Services Tracking Case Manager Validate and ensure that all required information and Shared Validate documentation has been gathered, satisfies all Services requirements and entered correctly. Perform Customer Verification Documentary or – Shared Enrich Client Data Onboard Screenings Sanctions List and Negative Services – News Screenings Capture evidence & upload as documents Shared Refer Case back to previous Stage Refer KYC Services Tracking Case This can happen at any during tasks #3-6 Manager Calculate Risk Rating in CRR Tool Upload results as documents Shared Upload Risk Rating Assign value in Products Details Services Assign value in Risk Rating Upload screen Perform escalation for High Risk Rating Value Upload evidence/results as doc Shared Note: During this task, all escalations will be performed Complete AML Services outside the KYC Platform and a record of the escalations and work completed by the BU and/or AML Compliance must be captured and uploaded into the KYC Platform. Shared Approve for Review Services Account Opening Approve or Refer Manager
Capture Entity Data Create Entity in KYC Platform Enter all customer information within the below sections: Customer Details Business Details Supplementary Details Risk Add LE Role – Customer/Account Add additional address(es) Add Product Details Add Associated 3rd Parties Business Unit Upload Request Documents Upload all customer documents that were gathered during CIP and CDD Business Unit Assign KYC Tracking Case Assign to Shared Services Shared Services Manager Validate Validate and ensure that all required information and documentation has been gathered, satisfies all requirements and entered correctly. Shared Services Enrich Client Data Perform Customer Verification – Documentary or Onboard Screenings – Sanctions List and Negative News Screenings Capture evidence & upload as documents Shared Services Refer KYC Tracking Case Refer Case back to previous Stage This can happen at any during tasks #3-6 Shared Services Manager Upload Risk Rating Calculate Risk Rating in CRR Tool Upload results as documents Assign value in Products Details Assign value in Risk Rating Upload screen Shared Services Complete AML Perform escalation for High Risk Rating Value Upload evidence/results as doc Note: During this task, all escalations will be performed outside the KYC Platform and a record of the escalations and work completed by the BU and/or AML Compliance must be captured and uploaded into the KYC Platform. Shared Services Approve for Account Opening Review Approve or Refer Shared Services Manager
StateStreet_KYC%20Platform_Participant%20Guide_V2.4_10-Mar-2015.docx