iFlow

iFlow, developed by iSolve Technologies Private Limited, is a CKYC API integration software solution designed for small to large financial institutions, including banks, insurance companies, and other financial service providers. According to the vendor, iFlow offers seamless integration and automation of the CKYC process.

Key Features

Automated bulk KYC upload/download: According to the vendor, iFlow allows users to schedule bulk upload/download activities using the Straight Through Processing method (STP) onto the CERSAI CKYC application. It also enables interface with an FI's KYC data repository and conversion of proprietary data into CERSAI's bulk upload format.

CKYCR API Integration: The vendor states that iFlow provides a fully automated system compliant with central KYC registry guidelines and norms. It allows seamless integration of an FI's core data system with CERSAI CKYCR for intelligent search and download of customer information.

API-based search & download solution: iFlow offers the ability to white-list Internet protocol (IP) addresses for both an FI and CERSAI, allowing users to perform search look-ups through API to check the presence of required CKYC in the CERSAI database. Users can also request search/download of client KYC from an FI and receive auto-generated customer details.

Update of KYC record: iFlow includes a built-in Data Management System (DMS) for archival and retrieval of customer history data. It facilitates the capture of customer data through automated SFTP (Secure File Transfer Protocol) and uses intelligent processes to identify multiple official valid documents (OVDs) of a single customer.

Checker/Maker Functionality: According to the vendor, iFlow offers a fully automated Checker/Maker functionality that identifies and de-duplicates customers during the onboarding process.

User Interface: iFlow provides API/Cloud/Web services that can be interfaced with multiple back offices simultaneously, according to the vendor, enabling efficient operations.

Analytics & Insights: Users of iFlow can gain region-wise and branch-wise analytics of pending, uploading, and uploaded CKYCR data. The vendor states that iFlow offers a real-time MIS Dashboard that displays details of accounts opened, uploaded, approved, and rejected daily. It also provides comprehensive insights including probable matches, new customers, notification management, and replicate modification.

Seamless BFSI Platform Integration: iFlow offers hassle-free APIs integration with existing banking/financial systems, according to the vendor, ensuring zero disruptions.

Intelligent Automation Process: The vendor claims that iFlow provides a complete CKYC automation life cycle with zero manual intervention, enhancing overall business productivity.

Highly Customizable: According to the vendor, iFlow can be customized based on specific requirements, from start to finish.

Detailed Dashboards: iFlow offers 100% visibility of all processes with detailed reports, according to the vendor, enabling informed decision-making.