FINANCIAL CRIME COMPLIANCE

Optimize your financial crime operations and technology services

MODULAR BESPOKE AUTOMATION & MANAGED SERVICE THROUGH MIND+MACHINE™

Seemingly unrelated acts of crime affect financial institutions and communities alike every day. Technology is essential for exposing and connecting these acts. Our technology helps clients connect relevant information in a holistic manner into integrated frameworks or modules that help prevent financial crime and reduce human suffering around the globe.

Financial Crime Models are fundamentally qualitative and can suffer from both expert bias and an overly quantitative approach. For sanctions tools and AML transaction monitoring, our Model Risk methods provide insight and value.

END-TO-END SOLUTION

  • KYC Managed Services

    FIT TO NEED

    Whether reworking KYC Process to reduce inefficiencies and false positives, identify fraud scenarios, for KYC data aggregation or perpetual file maintenance – Evalueserve listens, solves and executes.

  • KYC Managed Services

    DATA & ANALYTICS

    Multi-industry insight into data management and analytics ranging from big data and terabytes of information, to aggregation and cleansing of local portfolios - we support Data-led Customer Life Cycle Management with powerful analytics and AI, visual MI, Model Risk Management, data connectivity and insight.

  • KYC Managed Services

    READY MADE TEAMS

    Our trained teams can support your team or take over entirely: KYC, EDD in 15+ languages, QC & QA, full confidentiality and Certified ISO 2701 Information Security (Blue Rooms, Offshore Centers with secure access).

FINANCIAL CRIME OPERATIONS & TECHNOLOGY SERVICES

Custom solutions designed by financial crime experts and put into practice by automation experts.

  • AI-Enabled DATA PROCESSING FOR ADDITIONAL RIGOR

    • SENTIMENT ANALYSIS and Natural Language Processing (NLP) are used to “read” internal and external data, and swiftly build accurate risk profiles. 
    • BIOMETRIC ANALYTICS, OCR, AND BIG DATA TECHNOLOGIES are used to verify the true identity of each customer and their links.
    • FUZZY MATCHING finds specific words and phrases even if the text is misspelled, missing, or flawed.
    • INFORMATION & DOCUMENT INCOMPLETENESS/EXPIRY FLAG sends alerts when files are incomplete or require updating based on KYC and CIP standards, which reduces risk by shortening the time lag of periodic reviews.  
    • CONTINUOUS IMPROVEMENT includes regular and ongoing identification of improvement opportunities through rapid prototyping and phased and fully tested implementation.

  • DEEP DOMAIN & TECHNICAL EXPERTISE THAT DRIVE INSIGHT & VALUE

    • HUNDREDS OF SKILLED RISK PROFESSIONALS with expertise in financial crime, data science, quants, process, Six Sigma, Agile, and risk certifications including FRM, PRM, ORM, CRCP, and CAMS.
    • CAPABILITIES IN 15+ LANGUAGES supporting research and analysis.
    • IN-HOUSE TRAINING providing experienced and certified experts that can handle time-consuming and repetitive tasks.

  • MANAGED SERVICE to deal with PEAKS & TROUGHS IN DEMAND

    • QUICK MOBILIZATION of experienced risk professionals trained in both soft and technical skills, cutting time-consuming and repetitive tasks for banks and financial institutions.
    • REGARDLESS OF VOLUME, we provide support to peaks and troughs in your workload.
    • DEDICATED SECURE OPERATIONS CENTERS in accredited ISO certified buildings adhering to stringent confidentiality, physical, and technical requirements. 

Financial Crime Modular services Powered by Mind+machine™

  • DATA AGGREGATION & CLEANSING

    • DATA AGGREGATION: KYCLync gathers KYC info for corporates and individuals and presents the full picture to analysts, saving up to 85% of their time.
    • CUSTOMER DATA CLEANSING: improves the overall quality and accessibility of customer data through aggregation, harmonization, and deduplication, improved data management, updates, and remediation.

  • REPORTING

    • INTEGRATED MI & DASHBOARDS: aggregate and analyze relevant data points and present in ready-to-print visual insights. Track changes and both risk and operational insight.
    • SINGLE CUSTOMER VIEW: built across portfolios, regions, and business lines.

  • DUE DILIGENCE & ANALYSIS

    • PERPETUAL KYC: near-real-time updates, replacing a multitude of steps in Periodic Reviews with automated flow (or select only required modules). Prepopulate fields and use automated alerts that distinguish between risk-relevant and non-relevant updates.
    • AUTOMATE POLICY FOR KYC INFORMATION SEARCH: your KYC Standard can be programmed into our tools to search premium and public sources with fully auditable results.
    • AUTOMATE YOUR QUALITY CONTROL & QUALITY ASSURANCE: we automate the requirements of Quality Control and even Quality Assurance, allowing sampling of up to 100% with minimal effort, high consistency of results, and perfect MI.
    • AUTOMATE CLIENT OUTREACH: the hardest part of KYC is the client outreach and we have succeeded in partial automation of this process with pre-populating steps in client communication.
    • DATA LED CLIENT LIFE CYCLE MANAGEMENT: obtain key information about prospects or update existing information before asking clients for it, saving time, money, and reputation.
    • AD HOC REAL-TIME NAME SCREENING: a single-entry tool that brings results in seconds, KYCLync is particularly suitable for client prospecting, ad-hoc sanctions, and reputational screening as a step in data-led Client Lifecycle Management.

Talk to one of our experts

Get in touch today to find out about how Evalueserve can help you improve your processes, making you better, faster and more efficient.

Talk to an Expert