Goodbye KYCaaS and the 100’s of staff that have sweated blood and tears for that business over the last few years. Writing was on the wall. Laughable that this decision was based on “Refinitiv’s unwavering pursuit of growth!”
19 replies (most recent on top)
But KYCaaS was going to be huge... Forecast to be $500m in 3 years in Adia alone without question...
What about the massive Singapore deal and Hong Kong and Australia and....
I'd look at the guys in Asia who pumped it to the max in presentations and never backed it up with results. Any accountability there or are these the guys throwing others under the bus?
How sad... helping us find jobs supposedly , but announced partnering with Trulioo... KYC business.
This company has shown, u nothing but a number
Cape Town and Johannesburg have been axed as well.
Blackstone and Refinitiv, chop chop!
Hey remember when they told us how excellent this whole Blackstone deal would be for KYCaaS?
And the hub talks bout welcoming India to the family. Hmm what family kick it’s member 🤔
Preparing for the sale of risk business!
And US
Penang, Bangalore, Gdynia and London
In which locations are KYC employees located?
Refinitiv, next?
Goodbye KYC, welcome KFC...
"Large French fries, sir?"
Whats Kyc?
India also going down! Finally, that quality brrrrr!!!!!
They ended the call where they told us all we are being made redundant with, “enjoy the rest of your day”
Yes the whole business is winding down by end of the year
Any details so far? Are they planning to close all KYC departments like Bloomberg done?
yep...
yep