Integration issues, poor service features, and outdated KYC checks are some major issues that financial organizations experience. To address such problems, innovative solutions are coming to light in the RegTech industry. Such types of digital solutions facilitate the banking sector in the course of their client onboarding process, Customer Due Diligence (CDD), and cross-evaluation against global sanction lists. In financial organizations, it is crucial that industries save chunks of data with them which is a hectic job. the financial information includes clearances, invoices, and regulatory records. Efficient tracking of such messages with their respective documents helps in the future for…