Case Study: Exness Slashes KYC Costs and Speeds Verification with Sumsub

How Exness consolidated AML compliance with KYC and fraud protection, slashing costs in half

Exness, the world’s largest multi-asset broker by trading volume and active clients, needed a scalable KYC/AML solution to handle complex requirements across multiple jurisdictions, document types, and emerging markets while staying compliant and improving conversion. The company evaluated several providers and chose Sumsub for its compliance expertise, global coverage, multilingual support, and strong dashboard functionality.

Sumsub implemented a tailored trader verification flow for Exness, including phone, email, and personal information checks, followed by identity and address verification after deposit thresholds were reached. With Sumsub’s KYC and fraud monitoring tools, Exness cut compliance costs in half, improved the approval rate to 77.6%, and reduced verification time to 3 minutes, while also strengthening risk-based monitoring across databases such as PEP, sanctions, and adverse media.

Exness