Sibos: KYC data utility managers report compliance barriers

Internal teams' concerns around data security hinders adoption, Sibos attendees told

david-howes
David Howes, Standard Chartered Bank

Internal compliance teams are the ones that need convincing when it comes to embracing utilities, according to David Scola, global head of coverage at Barclays. 

Scola was speaking at a session titled "Utilties: a year on" at the Sibos conference currently under way in Singapore.

Third-party shared services for storing KYC reference data are about two years old, and the panel was focusing on the Swift KYC Registry in this early phase of its development.

Concerns about data privacy and security

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: