Application of eKYC in Opening a Securities Account

Not only widely adopted in banking institutions, eKYC is also becoming a trend among many securities companies.

Previously, in the traditional process of opening a securities account, investors had to spend a lot of time going to transaction offices or company branches to register and wait for account confirmation. This caused numerous limitations for both investors and businesses. Many securities companies have started implementing eKYC solutions in their online account opening processes to enhance service quality and optimize operations.

Similar to the process of opening a bank account, opening a securities account using eKYC is very simple. Users verify their identity documents and perform a few actions such as moving their face as instructed so the system can verify and compare their face with the ID. All steps are conducted entirely online and take only about 5 minutes.

Since June 2022, Thien Viet Securities (TVS) has started implementing SmartKYC by GMO-Z.com RUNSYSTEM in the securities account opening process to optimize customer experience and prevent fraudulent or impersonation activities.

SmartKYC is an eKYC solution researched and developed by GMO-Z.com RUNSYSTEM and has received prestigious IT awards in Vietnam. Currently, SmartKYC is one of the leading electronic identification solutions in Vietnam with numerous outstanding features, successfully applied and deployed in the processes of both domestic and international securities organizations.

Contact us now to receive 02 months of free SmartKYC usage!