Tag: Collectiveness

The Paris-Saint-Germain (PSG) team brilliantly won the Champions League on Saturday night, at the end of a match that was breathtaking, but above all remarkable for the determined, go-getter and collective spirit that the team displayed. We saw a team often concentrated in the middle of the opponent’s field; strategic in its approach; generous in collective passes; and united in its desire to score goals. Moreover, for those who were able to watch this match, the few individual attempts to score goals alone ended in failure, only to be taken back by the collective. The result is there: 5-0 for PSG. No comment.

That said, comments from media abounded after this victory, not only on the quality of the team’s game; on the philosophy of coach Luis Enrique, who for the past two years has favoured collective play rather than favouring individual, star-like performance; but also, on the financial support – admittedly staggering, but truly committed – of the club’s owner.

All this brings us back to our experience at Reseo, where we are developing a solution to help digitalise the AML-KYC process in investment funds, with a view to improve customer experience and risk management, in an extremely strategic area for the industry. Every day, we meet players who share the same vision as us, but who occupy different positions than ours in the AML-KYC operational chessboard: Distribution platforms; onboarding platforms; transfer agents; data providers; open-source platforms; consultants; lawyers; and many more.

As we progress, we are amazed by the talent of these various players we meet in the field of AML-KYC. We are convinced that the different players that we are will benefit from playing as a collective, collaborating, developing a common strategy in the service of our vision and our industry, rather than playing individually in our own corner.

This is the spirit of the collaboration we have developed with Multifonds since last year; And this is also the spirit of other ongoing conversations we have been having in the industry over the past few months. Result: Constructive meetings; innovative solutions that benefit our joint customers and the industry; and investors and VC firms who are convinced of the strength of the collective work we are undertaking.

Who would have thought that a football match would inspire an article on the digitalisation of AML-KYC in the investment funds industry? Certainly not PSG when they took to the pitch in Munich on Saturday night. But just like that, all the roads lead to Rome.