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There are several occasions when you need to quickly get in touch with your client. For instance, when you need to inform him of a change of circumstance, get a confirmation or receive documentation.
In this first example, you automatized certain MiFiD alerts – these alerts are sent automatically to the client. With the app you can prove the date and time of the alert as well as get confirmation for when the alert was received and read by the client. You can also have the client counter-sign documents with a qualified signature or have him just actively confirm that he received said documentation.
Another example of alert relates to increasing anti-money laundering (AML) controls – you can inform the client that a given transaction is blocked and that you need some documentation to unblock it. This message can be automatically generated from an AML workflow system. You can also send reminders if the client does not respond swiftly. Communication can be automatically injected in your workflow systems where information is validated and/or some clarifications can be verified.
Remediation can also be addressed similarly– workflows can automatically ask the client to renew his documentation. If needed, human intervention can always interrupt the process and take over the communication.
You can even go further and make payment validations. Often, sensitive or unusual payments are blocked and the advisor needs to make a call back to the client – this can be automated with SecuChat.
You can even manage logins over the application – the more the client uses it on a day-to-day basis, the more he gets used to it and you keep a real-time communication channel with him.
(The roles have actually reversed: all by being at the very center, the client is available to you.)