SOLUTIONS · BFSI

The onboarding platform built for the compliance demands of financial services.

Daksam Analytics gives banks, NBFCs, FinTechs, payment platforms, and insurers one configurable platform to verify customers, satisfy regulators, and generate a blockchain-audited record of every onboarding decision.

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THE PROBLEM

Compliance does not stop at identity. Neither does the risk.

Most platforms handle one or two compliance requirements well and leave the rest to manual processes. The documents, the checks, the data residency rules, and the audit trail all have to work together, every time, at scale. In financial services, the gap between what a platform promises and what a regulator expects is where institutions carry risk without knowing it.

Disconnected Tools

Identity checks, fraud screening, and compliance reporting run through separate systems that were never built to talk to each other.

Audit Gaps

Manual handoffs between tools create gaps in the verification record that no regulator and no auditor should ever have to accept.

Days Not Minutes

Onboarding that should take minutes takes days when every step requires a human to move data from one system to the next.

THE PLATFORM

Every component your BFSI onboarding needs, in one place.

Daksam Analytics covers the full onboarding journey for financial services institutions. Your compliance team configures which components run, in what order, and to what thresholds, without involving a developer. Below are the platform components most relevant to BFSI onboarding.

Identity Verification

Document OCR, liveness detection, and face matching that works accurately on the ID formats and demographics your customers actually present.

Video Identification

Remote video-based customer identification for account types that require it, with a session record stored and available for every regulatory review.

Fraud Risk Scoring

Every verification scored against document signals, behavioural data, and watchlist checks in real time. Your risk team sets every threshold.

Blockchain Audit Trail

Every onboarding decision writes to an immutable record the moment it is made. Tamper-proof, timestamped, and ready for regulatory inspection.

Data Localisation

Verification data stored where your regulator requires: on-premises, private cloud in your jurisdiction, or hybrid. Enforced at infrastructure level.

No-Code Workflow Builder

Your compliance team configures the full verification journey without a developer. Add steps, adjust rules, and deploy changes the same day.

WHO IT SERVES

Every BFSI entity that onboards a customer needs verified identity.

Banks and NBFCs

Account opening, loan disbursement, and wallet onboarding with compliant verification flows and a full blockchain audit record for every decision.

FinTechs

API-first integration, per-verification pricing, and configurable risk thresholds that scale with transaction volume without a platform migration.

Payment Platforms

High-volume customer verification with real-time fraud scoring and watchlist screening built into every onboarding event, not just the first one.

Insurance Companies

Policyholder identity verification, beneficiary checks, and claims identity confirmation with a tamper-proof audit record for every decision made.

Wealth and Investment

Investor onboarding with the document depth, ownership checks, and regulatory reporting that high-value account types demand from day one.

Remittance Providers

Sender and beneficiary identity verification with AML watchlist screening and data localisation configured for each market in the transfer chain.

OUTCOMES

What financial services institutions see after going live.

Onboarding time cut by up to 30% compared to previous manual and legacy digital processes.

Audit-ready verification records available instantly, with no manual compilation required.

Regulatory data residency enforced automatically, removing the risk of unintentional compliance breaches.

Compliance team deploys workflow changes the same day a regulatory requirement shifts.

FAQ

What BFSI compliance teams ask before they switch platforms.

Which regulators and frameworks does the platform support for BFSI onboarding?

The platform is configured to support RBI KYC Master Direction for banks and NBFCs in India, CBN KYC Guidelines for Nigeria, and CBUAE regulations for UAE financial institutions. Data residency rules for each jurisdiction are enforced at the infrastructure level. Your compliance team maps the regulatory requirements to the platform configuration without involving a developer. If your institution operates across multiple jurisdictions, each market can have a separate verification flow and data storage policy running on the same platform instance.

How does the blockchain audit trail work for a regulatory inspection?

Every verification event writes to an immutable blockchain record at the moment it happens. The record captures the document submitted, the checks that ran, the outcome reached, and the exact timestamp. It cannot be edited, deleted, or backdated. When a regulator or auditor requests the record for a specific customer or date range, the platform generates it instantly. There is no manual compilation, no risk of records being altered after the fact, and no gap between what the system did and what the record shows.

Can our compliance team change verification workflows without a developer?

Yes. The no-code Workflow Builder is designed for compliance teams, not engineering teams. You can add or remove verification steps, adjust risk thresholds, change the order of checks, and publish the updated workflow the same day. If a regulator issues a new requirement and you need to add a document check or change a liveness threshold before a deadline, your compliance officer does that directly. No development sprint, no ticket queue, no deployment window required.

Where is our customer verification data stored?

Data is stored where your regulator requires. Indian institutions store data within Indian infrastructure. Nigerian institutions store data within NDPR-compliant boundaries. UAE institutions store data within UAE infrastructure per CBUAE requirements. The platform supports on-premises deployment, private cloud within your jurisdiction, and hybrid architecture. Data localisation is enforced at the infrastructure level, not written into a policy and relied upon by convention. You can verify the storage configuration before going live and confirm it independently at any point.

How long does integration take for a bank or NBFC going live for the first time?

Most institutions complete API integration and run their first test verifications within five to ten business days. Daksam Analytics provides hands-on technical support throughout integration at no additional charge. After that, the no-code Workflow Builder means your compliance team can reconfigure and redeploy onboarding journeys without involving a developer. The timeline from signed agreement to live customer verifications is typically two to three weeks, depending on the complexity of your existing systems and the number of verification steps in your initial workflow.

Bring your compliance needs. We’ll show you how Daksam delivers.

Whether you are answering to RBI, CBN, or CBUAE, the demo is built around your regulatory framework. Bring the requirements your current platform is not meeting and we will walk through exactly how Daksam Analytics handles them, live, with your document types already loaded.