The cutting-edge SaaS model from KYC Portal CLM, a company that offers end-to-end customer lifecycle management solutions, was just introduced.

With increased flexibility, scalability, and accessibility, this strategic change aims to enable organizations of all sizes to handle their regulatory compliance requirements more effectively and economically.

KYC Portal CLM was first introduced in London in February 2017 and has always been provided as an on-premise the solution, requiring customers to host the platform on their own physical servers or through managed cloud subscriptions. For many clients that would rather have direct influence over their infrastructure, this concept has worked well.

A major change has been made with the introduction of the SaaS model, which enables customers to take use of the powerful features of KYC Portal CLM without having to make large upfront infrastructure expenditures or pay for continuous IT maintenance. KYC Portal guarantees that clients may concentrate on their primary compliance responsibilities while taking advantage of the most recent technology developments instantly by putting the platform in the cloud, particularly on Microsoft Azure.

Furthermore, the SaaS model's flexibility allows for service customization to meet the unique requirements of every customer. Ivan Bonello, Co-Founder and CTO of KYC Portal, claims that the SaaS model is very flexible since customers may choose their settings, resource kinds, consumption requirements, and even the location of their data storage.

The benefits of this move were emphasized by Nickii Mallia, Business Development Manager at KYC Portal. He stated that the company is eager to use this SaaS model to make KYC Portal CLM more flexible and available to its prospects and clients. Organizations want quick, safe, and flexible ways to maintain KYC compliance in the current regulatory environment, and their SaaS product meets those needs well. With this change, they will be in a better position to assist both big businesses and smaller startups that want to simplify their AML and KYC automation procedures without compromising security or quality.