Problems in crypto world corporate onboarding
3-4 months – time needed to onboard a corporate client to any main exchanges
DEFI/DEX without any solution
90% of corporate customers lost during the onboarding process
Wrong tools – Variety of tools implemented – some companies use Jira / Hubspot / Pipedrive etc to manage very sensitive data
Third parties access to the data and no proper disclosure to the user – breach of data protection laws in many cases
Lack of talent – it is estimated that at least 3 times more people are needed with relevant skills in the compliance / AML / KYC departments – unless automated.
No proper training – I don’t see anything that I can recommend at the moment