Compliance

Compliance

Enhance compliance efficiency.

Solution Overview

Financial institutions, banks, insurance companies, and industrial corporations need to fulfill their compliance obligations, avoid reputational damages, and live up to their own ethical standards. Smart compliance solutions connect risk analysis, monitoring and management systems to increase transparency and efficiency of the compliance process throughout the company.

With the 2015 acquisition of TONBELLER, FICO® now offers a comprehensive modular set of solutions to fight money-laundering, fraud, terrorist financing, and to fulfill custom requirements for Governance, Risk and Compliance in the best possible way.

Anti-Financial Crime Solutions

 

Genuine Compliance Calls for a Risk-Based Approach.

FICO TONBELLER‘s Anti-Financial Crime Solutions Suite consists of flexible and highly integrated software modules for:

  • Anti-Money Laundering (AML)
  • Tax Compliance (e.g. FATCA, CRS/AEOI)
  • Counter-Terrorism Financing
  • Know Your Customer (KYC)
  • Business Partner Due Diligence
  • Enterprise Alert & Case Management
  • Risk Assessment and Risk & Compliance Dashboards

The building-block design allows variable combination of the products. This paves the way to genuine cost efficiency, transparent total cost of ownership and solutions that can grow along with the challenges of our customers.

Key Features:

  • Coverage of all statutory requirements
  • Risk-based approach according to FATF
  • Full check of customers and transactions
  • No IT-knowledge necessary to configure detection scenarios
  • Best-practice research scenarios from more than 1,100 of customer installations
  • Multi-clients and multi-lingual user interfaces
  • Easy integration with existing systems through standardized and flexible interfaces
  • 100% audit-proof documentation

Siron® solutions consistently follow the risk-based approach and support all phases of the compliance process with integrated solution modules: from specific risk analysis and continual risk assessment to monitoring of transactions and behavioral patterns, and central case management with risk and compliance dashboards.

Siron® products are highly standardized and parametrizable. They can be combined at will to create custom solutions. Numerous best-practice scenarios from a large number of customer installations have made their way into our standard research products. They guarantee fast roll-out of professional solutions based on the latest compliance knowledge.

Siron® technology is robust, interoperable, platform-independent and highly scalable. This facilitates integration of our products into existing system environments and provides seamless interaction with third-party applications and databases. The field of application of our products extends from the lean departmental to a cross- and multi-national group solution.

Anti-Financial Crime Solutions

 

Case study

Ecobank

Ecobank thinks global and acts local with a unique AML/KYC implementation.

Related Products

Featured product

FICO® TONBELLER® Siron® AML

Transaction Monitoring Based on Advanced Analytics.

  • Quick deployment
  • Adaptable to regulatory changes
  • AML powered by machine learning
Featured product

FICO® TONBELLER® Siron® KYC

A lifecycle solution to identify, verify and know your customer.

  • Faster customer on-boarding and superior data
  • Quickly addresses regulation changes
  • Access to the latest customer risks

FICO® TONBELLER® Siron® ACM

Today’s sophisticated criminal attacks cut across multiple channels, business lines and geographies. As fraud, anti-money laundering, and know your customer functions converge, a more comprehensive view of financial crime data is required. Siron® ACM connects and consolidates alerts and cases from multiple source systems, breaking down data silos to visually represent relationships between alerts, cases, involved persons, accounts and products. At last, you can realize a 360-degree view of customers across all financial crime risks.

  • Holistic 360° Customer View
  • Automation and Standardization
  • Regulatory Filing & Reporting

FICO® TONBELLER® Siron® Embargo

Real-time transaction screening to prevent the financing of terrorism.

  • Increases accuracy
  • Stay compliant
  • Certified solution

FICO® TONBELLER® Siron® TCR

Simplifying complex CRS & FATCA reporting obligations.

  • Improved efficiency
  • All-in-one
  • Future-proof technology

FICO® TONBELLER Siron® RAS

Quick and easy business risk assessment.

  • Risk assessment framework endorsed by regulators and auditors
  • Industry leading practices
  • Methodical and advanced risk mitigation

FICO® TONBELLER Siron® RCC

Effectively managing risk across the enterprise.

  • Easy implementation
  • Improve the quality and speed of reporting, while improving transparency
  • Maximize the effectiveness of compliance programs

FICO® TONBELLER Siron® KYC for BPDD

Automating business partner due diligence.

  • Faster on-boarding and better data
  • Quickly address changing regulations
  • Stay compliant

Resources

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FICO® TONBELLER® Siron® Embargo

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Essentials for Regulatory-Compliant Debt Collection

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