Financial Crime

Corruption

A well designed corruption compliance program contains certain features that are universally recognized as required including a transaction monitoring system, procedures for conducting assessments of risk, policies and procedures centered around the prevention of corruption and training designed to educate employees and third parties about corruption.
The surveilLens platform contains all the hallmarks of an effective anti-bribery and corruption program. The surveilLens™ solution consists of several modules including: transaction monitoring, anomaly detection, case management, third-party due diligence policies and procedures, training and certifications, risk assessments, and internal controls. These modules work in isolation or with each other to create integrated workflows.
The various workflows can be customized and designed to give maximum flexibility and efficiency. The solution addresses organization, entity, industry, and region-specific requirements. It is a simple to use, plug-and-play model. Clients can pick as many modules as they need to develop or integrate into their existing compliance programs.

For more information please download our corruption tearsheet today

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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.