CKYC
A plain-English definition from the DeployIT insurance technology glossary.
In short: Central KYC Registry; a centralized repository of KYC records that lets financial institutions fetch verified customer identity, removing repeat documentation.
Related terms
- ABHA
- Ayushman Bharat Health Account.
- STP (Straight-Through Processing)
- Issuing a policy with zero manual intervention: clean proposals pass rules and issue instantly.
See this concept working in software
DeployIT puts quoting, issuance, renewals, claims and commissions on one platform built for Indian insurance distribution.