Virtusa streamlines Client Onboarding with New Framework

In order to enhance the client onboarding offering for companies operating in capital markets, Virtusa Corporation has launched a combination of expert consulting and customized solutions named Client Onboarding Assessment Framework. The new offering features a holistic approach that helps financial organizations understand and improve their client onboarding capabilities, leading to better client experience and increased revenue.

Virtusa’s Client Onboarding Assessment Framework identifies gaps in an organization’s existing onboarding framework and recommends an onboarding solution optimal for their size of business, along with a path to reach it. The comprehensive offering includes end-to-end consulting and a broad feature set covering regulatory requirements in the U.S. and Europe to post-onboarding flows such as account maintenance, limit changes and payables/receivables tracking.

Senthil Radhakrishnan, Vice-President, Capital Market Solutions Practice, Virtusa, said, “Client onboarding platforms have acquired a special status within investment banks, and are critical to complying with various regulations. Faster onboarding can enable clients to quickly access trading services. By looking at these processes holistically, we are able to streamline onboarding and improve client experience, giving financial organizations a significant competitive advantage.”

Virtusa’s Client Onboarding Assessment Framework, designed specifically for institutional client onboarding in capital markets, is based on Virtusa’s extensive experience working with the world’s top financial services institutions.