In commodities trading, timing is everything. Deals move at breakneck speed, markets shift in real time, and counterparties expect transactions to be executed without delays. Yet, there’s one critical process that often slows things down: KYC (Know Your Customer) compliance.
While compliance is non-negotiable, a slow and cumbersome KYC process doesn’t just create frustration—it actively kills deal momentum. In a market where opportunities can disappear within hours, delayed onboarding can mean missed trades, lost revenue, and strained business relationships.
But what if KYC didn’t have to be a bottleneck?
The Impact of Slow KYC on Deal Velocity
Traditional KYC processes in commodities trading often involve:
✅ Lengthy manual document reviews
✅ Back-and-forth emails for additional information
✅ Unclear risk assessments delaying approvals
✅ Regulatory complexity across jurisdictions
All of this adds days, if not weeks, to the onboarding process. And the longer it takes to verify a counterparty, the higher the chance that:
🚧 The deal falls through
🚧 The counterparty takes their business elsewhere
🚧 Internal teams waste time chasing paperwork instead of executing trades
In a world where speed, trust, and efficiency define success, slow KYC processes aren’t just an inconvenience—they’re a competitive disadvantage.
How Fast & Robust KYCs Increase Deal Velocity
A fast, automated, and reliable KYC process changes the game entirely. Here’s how:
🔹 Accelerated Onboarding: Services like Credeed’s KYC reports reduce processing time from weeks to days, allowing traders to onboard new counterparties quickly and confidently.
🔹 Enhanced Trust & Transparency: Credeed’s robust risk assessment framework ensures that due diligence is thorough without unnecessary delays, so traders can move forward with confidence.
🔹 Frictionless Compliance: Instead of relying on manual reviews, Credeed’s KYC reports can cross-check global databases, validate documentation, and flag risks in real-time.
🔹 More Deals, Less Admin: When compliance teams spend less time chasing documents, traders can focus on execution, not bureaucracy.
The Future of KYC in Commodities Trading
The trading world isn’t slowing down—if anything, deal velocity is only increasing. Traders, brokers, and risk teams need solutions that match the speed of business without compromising compliance.
Firms that embrace fast, technology-driven KYC solutions will: ✅ Close deals faster ✅ Reduce counterparty risk ✅ Gain a competitive edge in the market
On the other hand, those stuck in slow, outdated KYC processes risk losing out—not just on deals, but on long-term relationships.
Is KYC slowing down your trading? It doesn’t have to. Let’s talk about how to make compliance a competitive advantage.