Two financial institutions have come together in a new alliance: KPMG and the ID Register.
The ID Register will be combining its subscriptions hub with KPMG’s tax and advisory experience, helping organisations with smoother client onboarding.
“Paper-based, repetitive client onboarding is increasingly untenable,” said Tax Partner at KPMG, Tony Mancini.
“We have watched the ID Register earn the trusts of clients, grow to over 25,000 investor profiles and become regulated in a sophisticated and mature jurisdiction like Guernsey.”
The alliance has been welcomed by the founder of the ID Register, Tim Andrews.
“KPMG immediately grasped our concept and supplied both brainpower and practical support as our platform has evolved and grown.
“Together [we will] build the trusted hub of the global investment community,” he said.
Pictured top: Mr Andrews and Mr Mancini.
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