Anti – Bribery and Corruption

Bribery and corruption continues to be a focus for governments around the world who are placing increased demands on companies to implement compliance and risk monitoring systems that would identify, detect and prevent the transmission of payments made in furtherance of corruption.

Key features of the platform include:

Suspicious activity monitoring and reporting

  • Apply rules, scenarios and risk factors to transactions to detect suspicious activity.
  • Generate alerts for transactions and events meeting specific rule parameters.
  • Create alerts by workflow process.
  • Easy-to- use, point-and- click interface
  • Creation and modification of customizable scenarios and risk factors.
  • Creation of customized routing rules for workload distribution.
  • Ability to search structured and unstructured data to find suspicious transactions.
  • Automated reporting and regulatory filing.

Watch-list Matching

  • Ability to import sanctions and other watch lists to identify persons, organizations or high-risk jurisdictions that represent regulatory risk.
  • Fuzzy-matching logic increases the accuracy of entity matches.
  • Ability to categorize transaction, party or counterparty matching lists as alerts or cases.

Data Management and Searching

  • Support for multiple data types (nonmonetary event data, geographic data, risk lists, third-party data, associate data and a variety of customer information data) in addition to transaction data.
  • Ability to search structured and unstructured data
  • System retention of data for future investigation.
  • Import and export data to and from multiple platforms.
  • Aggregating alerts at the entity level.
  • Store and categorize data for analysis, investigation, and decision-making.

Investigation and Alert Management

  • Aggregation of risk scored alerts at the entity level that provide a holistic review of the risk presented by the entity to the institution.
  • Alert prioritization and management.
  • Case management workflow feature allows for the creation of cased based transactions.

Enhanced Customer Intelligence

  • Capture, store, and analyze data that provides a holistic view of customers including ultimate beneficial owners and relationships between accounts, customers, and other entities.
  • Advanced onboarding features that expedite account decisioning.
  • Complete and consistent assessment of customer risk from onboarding, ongoing customer due diligence (CDD) and enhanced due diligence (EDD) processes, allowing organizations to identify, manage, and mitigate customer-related risks.
  • Integration from other portions of the overall program allows institutions to ensure that their knowledge of their customers is always current.

High-performance Analytics and Visualization

  • Feature rich reporting and visualization tool with a customizable user interface, allowing for user assessment of exposure to financial crime and compliance risk.
  • Advanced analytics combined with built-in, industry specific detection, workflows, and investigation tools.
  • Advanced analytics for internal or external reporting.
  • Mapping of transactional records to support transaction, account, customer, and geographic dimensions.