Know Your Customer Framework

The Platform that enables the Financial institutions to implement the KYC risk management across the entire customer life cycle – from initial applicant on-boarding to ongoing customer due diligence. The platfrom alows to score the potential client profiling to set a baseline of expected behaviors and transactions, monitor against the activities of customers with similar profiles, and proactively score the risk for propensity to commit money laundering, terrorist finance, or identity theft crimes.

Client Due Dilligence on All Available Data

The platform supports integration with industry leading Corporate and Sanctions data vendors to leverage information related to applicant and customer details. The platform integration enables real-time search for negative news related to applicants and customers and access to public records for instances of bankruptcies, embargoe, foreclosures, and criminal activity.

Advanced Analytic models identify actionable customer risks and initiate the workflows, ensuring that the appropriate procedures are applied in a timely manner.

Concistency in Compliance Process

Automate risk evaluation processes and provide a central set of risk evaluation services to drive consistent decisions on customer onboarding. Eliminate subjectivity in evaluating risk, adding ability to process all available data. Remove redundancy of multiple systems, minimizing inconsistencies in compliance process between lines of business.

Increase Staff Productivity and Efficiency

Automate manually intensive compliance processes, enabling staff to do more in less time and with fewer resources. Provide the Users with cutting edge risk management user interfaces to manage day-to-day compliance workload efficiently.