Know Your Supplier (KYS) Solution

Continuously assess and monitor supplier and vendor risk with automated onboarding, screening and ongoing due diligence.

Know Your Supplier (KYS) Solution

Automated Supplier Risk Management

Workflow

Leverage KYC Hub’s continuous monitoring and risk evaluation, allowing the company to proactively address potential risk and minimize exposure to illegal and fraudulent activities

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Industries That Need Compliance Automation

Banking

Onboard retail and corporate customers with full AML, KYC and case management.

Insurance

Onboard policyholders and brokers with KYC, KYB and sanctions screening in one flow.

Trade Finance

Verify counterparties, beneficial owners and trade documents before issuing any instrument.

Fintech

Launch compliant products faster with a modular KYC, KYB and AML stack.

Investment Management

Run KYC, KYB and AML across investors, fund admins and asset managers in one console.

Lending

Underwrite faster with end-to-end KYC, income checks and risk scoring built in.

Payments

Verify senders and beneficiaries in milliseconds before clearing any transaction.

Crypto

Stay travel-rule compliant and screen wallets in real time across global watchlists.

Challenges with KYS

Procurement and compliance teams often work in different tools and at different cadences — risk slips through the gaps.

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    Lack of automated processes leads to inefficient utilisation of resources and wastage of time
    Inefficient Supplier Due Diligence (SDD) processes such as screening against global watchlists often leads to increased risk of frauds
    Cost intensive re-KYS processes often results to partial due diligence and increased risks
    Lack of such platform leads to increased risk of communication lapses and misunderstanding resulting in damaged supplier relationships and user experience

    Why Companies Need KYS Solutions

    Vet Suppliers Continuously

    Re-screen vendors continuously rather than only at onboarding.

    Catch Concealed Ownership

    Trace UBOs and PSCs through layered supplier structures with one click.

    Block Sanctions & Adverse Media Risk

    Screen every supplier against global sanctions, PEPs and adverse media in real time.

    Centralise Supplier Records

    Replace fragmented vendor spreadsheets with one source of truth.

    Cut Procurement Cycle Time

    Automate KYC, KYB and risk scoring so procurement waits days, not weeks.

    Strengthen Third-Party Compliance

    Stay aligned with FATF, FinCEN and supply-chain rules across every jurisdiction.

    Why Companies Rely On KYC Hub For KYS

    Onboard, monitor and offboard suppliers end-to-end on one platform built for regulated firms.

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    Automated Supplier Onboarding

    Collect docs, run KYB, score risk and route approvals in one workflow.

    Centralized Supplier Data Management

    Unify supplier identity, ownership and risk data in one tamper-evident record.

    Vastly Improved Supplier Communication

    Trigger personalised outreach for re-KYC, re-papering and document refreshes automatically.

    Efficient Reverification and Secure Termination

    Re-vet suppliers on schedule and offboard cleanly with full evidence retention.

    [ RELATED ]

    KYC Hub Products That Can Help With KYS

    Discover more about our products and solutions. Explore the rest of the KYC Hub stack.

    Adverse Media Intelligence

    AI-powered negative news screening.

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    ID Verification

    Document forensics across 3000+ ID types.

    Learn more →

    Identity Verification

    Biometric IDV + liveness across 190+ countries.

    Learn more →

    Global KYB Solution

    Corporate KYB with UBO + registry data.

    Learn more →
    [ FAQ ]

    Any questions? We got you.

    Discover more about our products and solutions. Embark on your journey towards seamless compliance.

    Know Your Supplier or KYS is a comprehensive supplier management solution designed to provide businesses with detailed information about their suppliers/vendors, including their history, financial stability, and compliance with regulations.
    KYS is a crucial use case for businesses to ensure quality, reliability, and compliance. The Know Your Supplier (KYS) Use Case provides a solution to the challenges businesses face when trying to understand their suppliers/vendors, such as a lack of transparency and difficulty in verifying supplier information.
    The Know Your Supplier use case addresses several challenges, including a lack of transparency, difficulty in verifying supplier information, and the risk of fraud. It provides a comprehensive view of suppliers/vendors, making it easier for businesses to manage their relationships and mitigate risks.
    KYC Hub's products and solutions are designed to provide comprehensive and reliable information about entities, which in the KYS Use Case, are the suppliers/vendors. These tools help firms verify the legitimacy of their suppliers/vendors, assess their financial stability, and ensure they are compliant with relevant regulations.
    KYC verifies customer identity, while KYS ensures suppliers' authenticity, reliability, and compliance.
    Know Your Supplier (KYS) Solution | Supplier Risk & Compliance