Data Management Insight Entity Data, KYC and Client Onboarding The latest content from across the platform

Recorded Webinar: How far should counterparty screening go? Balancing the ideal and the realistic

Counterparty screening is a regulatory requirement, but do you know enough about your clients’ clients, and beyond? How can you source this information and how does it benefit your business? How far do you need to dig into entity ownership structures? This webinar discusses these challenges and how they relate to your organisation, whether you’re…

Thomas Murray Selected by EDB for Data Services

The Luxembourg-based European Depositary Bank (EDB, a subsidiary of Apex Group) has chosen Thomas Murray to provide data and monitoring services to its compliance practices, including the use of the vendor’s independent analysis and operational risk data for market and counterparty monitoring. EDB will also undertake Thomas Murray’s central securities depositary and market asset safety…

LexisNexis Risk Solutions Partners with Cabinet Office on Fraud Detection

Global data and analytics provider LexisNexis Risk Solutions has partnered with anti-fraud data management company Synectics Solutions to work with the Cabinet Office on the UK’s National Fraud Initiative (NFI). The NFI is a government-led exercise first launched in 1996 that matches data within and between public and private sector bodies to prevent and detect…

Santander Selects ThetaRay’s AML Solution to Boost Data Lineage Capabilities

Banco Santander has joined forces with ThetaRay, a provider of AI-based big data analytics, to utilise its AML solution for correspondent banking. The rules-free solution uses machine learning algorithms to identify anomalies in SWIFT and KYC data that point to money laundering, enabling early resolution. The system will analyse the bank’s SWIFT traffic, risk indicators…

Fenergo Launches New Client Lifecycle Management Solution

Digital transformation specialist Fenergo has streamlined its existing client lifecycle management (CLM) solution to make it more accessible for mid-tier and boutique businesses. Fen-Xcelerate, powered by Amazon Web Services (AWS) is a lower cost, cloud-based version of the firm’s flagship CLM product. Integrated with partners including Salesforce, Refinitiv’s World-Check One, RDC, and DocuSign, the solution also supports integration with…

Recorded Webinar: Adopting Entity Data Hierarchies to Address Holistic Risk Management

Firms across the board are struggling to gain a comprehensive view of their counterparty risk. In the wake of the Credit Crisis, regulators have increased their focus on pushing firms to not only better understand risk exposure, but also be able to provide evidence of the analysis they use to create their view of risk….

Recorded Webinar: The Benefits of Advancing Client Data Management Capabilities

Managing client information is not a new challenge for financial institutions, and it is a challenge that continues to evolve. Bringing together different silos of client information into a single, holistic and hierarchical view to understand client risk and meet KYC and AML obligations is a common issue for financial institutions. Traditionally, client information is stored…

How a Great Private Bank Can Be Greater Still with the Right CRM

By Alessandro Tonchia, Co-Founder and Head of Strategy at Finantix The best relationship managers are proactive with their clients. Not only do they know the client history and have to hand everything a client asks for or currently requires, they also anticipate requests, and can even point their clients to interesting, relevant information that might…

Finantix Launches New Digital Hub

Wealth management tech provider Finantix this week launched its latest Digital Collaboration Hub, through which firms can establish a one-stop collaboration channel featuring virtual private lounges to support client activities such as market updates and investment advisory support, onboarding and origination workflow driven processes. It is available via a fast-track deployment approach hosted on the…

Kompli-Global and ComplyAdvantage Partner on Financial Crime

ComplyAdvantage has become the latest provider to add to the Kompli-QED remote corporate onboarding platform, in a strategic partnership between the two firms to fight financial crime and money laundering. Kompli-QED is a remote onboarding platform that combines proprietary solutions with best-in-class third party offerings. “ComplyAdvantage significantly enhances the platform with real-time sactions and PEP…