Pegasystems, an enterprise applications provider, has made enhancements to its Client Lifecycle Management (CLM) and Know Your Customer (KYC) applications.

"The growing list of complex onboarding and KYC regulations makes it difficult and expensive for banks to efficiently manage customers. Banks can drive these processes with a single master view of the client and all related parties, re-using data as they engage across the organisation," Pega has said in a statement on Thursday.

"Pega CLM offers full integration with the Pega KYC regulatory rules application," it said.

The US-based firm has a huge presence in India in Hyderabad.

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