Try our corporate solution for free!
(212) 419-8286
hadley.ward@statista.com

Impact of technology on relationship checks to prevent financial crime worldwide 2019

In a March 2019 survey, 47 percent of respondents globally said that technology significantly improves KYC on the identity of clients during the relationship check. The Know Your Client or Know You Customer rule is used in the investment industry, and ensures that advisors have a detailed knowledge of their clients' risk tolerance, investment knowledge, and financial standing. No difference in using or not using technology was detected when it came to their suppliers or relationships.

Success rate of relationship checks in financial crime prevention worldwide in 2019, by technology use

Exclusive Premium statistic

You need a Single Account for unlimited access.

  • Full access to 1m statistics

  • Incl. source references

  • Available to download in PNG, PDF, XLS format

Single Account

$39 $59 per month *
in the first 12 months
33% discount until December 20th
*Duration: 12 months, billed annually, single license

Access to this and all other statistics on 80,000 topics from

$468 / Year
$708 / Year

Show detailed source information?
Register for free
Already a member?
Log in
Source

Release date

June 2019

Region

Worldwide

Survey time period

March 2019

Number of respondents

3,138 respondents

Special properties

Managers with compliance-related responsibilities at large global organizations

Method of interview

Online survey

Supplementary notes

This question was phrased by the source as follows: "of the checks you selected, which of them do you consider are usually successfully conducted?"

Statista Accounts: Access All Statistics. Starting from $468 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account.

Single Account
The ideal entry-level account for individual users
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$59 $39 / Month *
in the first 12 months
Corporate Account
Full access

Corporate solution including all features.

* Prices do not include sales tax.

Statistics on "Financial crimes in China"

Statista Accounts: Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.