Accuity:The possibilities of fully automated KYC, the facts, fiction and the fantasy

There has been phenomenal global coverage of regtech proving solutions that reduce the challenges associated with KYC compliance. The benefits include increasing efficiency, pin point precision in identifying AML risks using structured/unstructured data sets and improving the quality of risk based decision….But how far can automation really go? Is automation really possible for the subjective reasoning required for a risk assessments?