KACE is a platform developed by CH&Co, a global Management Consulting firm dedicated to Financial Services.
Since 2009, CH&Co has been expanding in Europe, Asia and Americas with 10 offices and 300 consultants worldwide.
Our deep expertise in Financial Crime – KYC remediation and transformation programs in particular – combined with our Innovation Lab capabilities have enabled the creation of KACE.
We Answer industry pain points
The Bank traditionally uses a legacy tool with high-level workflow steps. It does not reflect the working processes of the teams and therefore gives inaccurate reflection of the status
Before, we were organizing 30 minute weekly meetings with the whole team - 20 people in the due diligence team - to discuss the case allocations. This process would require heavy involvement from the team leaders but was also very time consuming for the entire team
4-eye checkers would try to formalize their findings through emails. The emails would pass through multiple users, each with their individual styles of responding to findings. Multiple users would put screenshots and comments in the same email