HyperSoft launches web based HyperKYC - Know Your Customer- compliance portal.

HyperSoft Technologies Ltd., a Hyderabad based software company announces the launch of its new software offering: a portal for KYC- Know Your Customer – Compliance known as HyperKYC. Know Your Customer (KYC) compliance regulation has proved to be one of the biggest operational challenges banks, accountants, lawyers and similar financial service providers worldwide have had to overcome. HyperKYC is intended to meet the requirements of all sectors of the Financial Markets to empower institutions meet the stringent requirements speedily and securely.

Know Your Customer, or KYC, refers to the regulatory compliance mandate imposed on financial service providers to implement a Customer Identification Program and perform due diligence checks before doing business with a person or entity. The KYC compliance mandate, for all its positive outcomes, has burdened companies and organisations with a substantial administrative obligation. Additionally, KYC compliance increasingly entails the creation of auditable proof of due diligence activities, in addition to the need for customer identification.

HyperKYC : A web based one stop solution for all KYC requirements. Hypersoft is a leading financial services software vendor and offers all Financial Services providers a complete solution to meet their KYC compliance requirements. The software offers features of :
 Digital storage of documents by automatic scan and upload module
 Digital signature verification
 Conversion of all scanned documents into more secure and smaller size formats
 Online web based availability
 And several more “First Time” features.
For more information log in to http://www.hypersoftindia.net/kyc.html

About Hypersoft Technologies
Based in Hyderabad, India, HyperSoft Technologies Limited is a publicly traded Software Products and Professional IT Services company. Activities range from financial and business applications products with hundreds of user installations, to Consultancy Services and Custom Software Development on a variety of Platforms.

Visit Hypersoft at http://www.hypersoftindia.net

For more information, contact:

Mr. Dadi Bhote
HyperSoft Technologies Limited
28 Goyal Society, Moti Valley,
Tirmulgerry, Secunderabad 500015. AP India
Phones: + 91-40- 2774 4754 / 2774 4413
e-mail: [email protected]

Visit the publisher's website: http://www.hypersoftindia.net/kyc.html