A centralized interactive analytical platform for stakeholders across AML, KYC, Fraud, and Market Surveillance functions, enabling FI to investigate complex fraud cases 40-60% faster.
ABILITY TO CONDUCT COMPLEX INVESTIGATIONS
IDENTITY RESOLUTION FOR EXTERNAL DATA SOURCES
EXPLANABILITY OF EVIDENCES TO REGULATORS FOR COMPLEX CASES
ABILITY TO FIND KNOWN PATTERNS EXPOSURE ACROSS CUSTOMERS BASE
DETECT NEW POTENTIAL SUSPICIOUS PATTERNS
RAPID RESPONSE TO REGULATORY REQUESTS
We have applied our deep understanding and expertise in conducting complex investigations of Fraud. A typical financial institution built its Fraud forte with three lines of defense in meeting its regulatory obligations and internal needs. Financial Institutions evolved their Fraud systems 1st by investing in a vendor solution or custom building a core solution addressing the core investigation needs, followed by a data platform solution and advanced analytics functions. Our study found a significant number of gaps/opportunities that help financial institutions further advance their Fraud Investigations.
(Customer & Payment Screening Hit Investigation)
(Alert Review/Case Investigation/Special Enquires)
(KYC Onboarding Review, Periodic reviews/ accelerated reviews)
(Customer & Payment screening Hit)
(Case Investigation/ Pattern detection)
(Alert Reviewer & Investigator)
(MRMG, Internal Audit )
(Data Scientist, AML Risk Mgmt.)
(Intuitively travers node/relationship with filters, combine/expand nodes/relationships)
(Identify Customer’s hidden relationships & New Potential patterms leveraging graph algorithms)
(Narrative functionality to capture graph & case narrative within tool )
(Marries internal customer, entity data with external sources to gain holistic insight for customer)
Building FCC Knowledge Graph complements our current Transaction Monitoring, Sanctions Screening, and KYC platforms is the best self-funded initiative I have ever undertaken.
SVP, Risk & Complainace Technology A Medium Size Bank in US
We are excited to Demonstrate the capabilities of the product.