The Association for Project Management (APM) Channel Islands welcomes Mesh ID as their next guest speaker for an ongoing series of project themed webinars.
In 2020, Mesh ID and Digital Jersey kicked off a collaboration initiative within Sandbox Jersey, which aimed to create a solution for financial services providers in Jersey.
Know Your Customer (KYC) guidelines in financial services require that professionals verify the identity, suitability and risks involved with maintaining a business relationship with individuals and organisations around the world. The procedures fit within firms’ Anti-Money Laundering and Combating the Financing of Terrorism requirements.
Performing repetitive client due diligence on common clients is essential but can be time consuming and frustrating for the client who often has to provide multiple sets of information, to multiple firms, multiple times.
Mesh ID’s co-founder Gui Vohringer (pictured) commented: “Seeking to address this frustrating issue, we brought together key players in the corporate, legal, fund and banking industry, with the aim to create a technology solution that will allow them to better share key information about clients they shared in common, in a secure and trusted way.”
When asked about how the project had gone, Gui explained: “It was not an entirely smooth ride, and the team often learnt the hard way how not to approach collaboration across competing organisations. Despite all the interesting ups and downs, the team managed to deliver a working product by the end of the year, on time and within budget.”
Alex Knowelden, the local APM Committee secretary said: “We are glad that both members and non-members of the APM can hear from the team behind the project on how they delivered a successful project, the challenges faced in the time of Covid-19, how competitors collaborated and how the lessons learned improved the end outcome.
“The APM Channel Isles provides an opportunity for those already working in – or wishing to explore – the project profession a forum to swap stories and experiences in an environment with like-minded project professionals. We are hoping to show those who may consider a career in projects what it’s all about and how to get into this most varied and exciting of professions.”
The APM is the chartered body for the project profession. With over 30,000 individual members and more than 500 organisations, the APM is the largest professional body for project management in Europe.
The ‘Can competitors collaborate on a common goal? webinar will be held virtually on Wednesday 28th July 2021 from 12.30pm – 1.30pm and is open to APM and non-APM members. Click here to book your place.