Scheduling KYC Batches

5.2.1.12 Scheduling KYC Batches

After the installation is complete, the user must log in to the OFS KYC as the KYC Administrator and perform the steps mentioned in Managing KYC Batches.

Note:

The batches are not visible on the Batch execution page after the KYC installation is complete.

Table 5-1 Scheduling Batches

Criteria	Remarks
Timing of Execution of KYC batches	The KYC batches must be executed only after the OFS BD application has completed the day's ingestion and alert generation process. This ensures that KYC has the latest customer or account and alert information available for Risk Assessment reference. All the processing batches are Enhanced Due Diligence (EOD) processing. The default review execution must be scheduled as an EOD activity.
Sequence of Execution of KYC batches	The Processing of the batch is in the following sequence: Deployment Initiation Processing - For processing the Existing customers. Regular Processing - For daily processing. EOD Processing (Feedback Processing) - For processing after the entire regular processing batch is complete. After the KYC batch ends, the files are generated at EOD. These files can then be used by the Anti Money Laundering (AML) system when the AML batch runs. The feedback processing creates feeds for the account opening system and OFS BD application. Ensure that the feeds are scheduled as part of the data ingestion process in the account opening system and OFS BD application.

Criteria

Remarks

Timing of Execution of KYC batches

The KYC batches must be executed only after the OFS BD application has completed the day's ingestion and alert generation process. This ensures that KYC has the latest customer or account and alert information available for Risk Assessment reference. All the processing batches are Enhanced Due Diligence (EOD) processing. The default review execution must be scheduled as an EOD activity.

Sequence of Execution of KYC batches

The Processing of the batch is in the following sequence:

Deployment Initiation Processing - For processing the Existing customers.
Regular Processing - For daily processing.
EOD Processing (Feedback Processing) - For processing after the entire regular processing batch is complete.

After the KYC batch ends, the files are generated at EOD. These files can then be used by the Anti Money Laundering (AML) system when the AML batch runs. The feedback processing creates feeds for the account opening system and OFS BD application.

Ensure that the feeds are scheduled as part of the data ingestion process in the account opening system and OFS BD application.