Anti-Money Laundering. Противодейтсвие отмыванию денег. finDNA

Мы приводим описание типовой AML системы без перевода в оригинальном варианте англиском варианте, т.к. часть терминологии является новой и дословный перевод будет недостаточно корректным. Если Вы читаете этот раздел, мы тем более настоятельно рекомендуем обратится за профессиональной консультацией и не делать поспешных самостоятельных выводов, прежде чем начать внешнеэкономическую деятельность, Вполне легальные и законные, на ваш взгяд, но неправильно оформленные внешнеэкономические платежи могут привести к недоразумениям и задержкам со стороны банка. Безусловно, при суммах платежа менее 10К это не является принципиальным, но мы искренне надеемся, что Ваш бизнес не остановиться на подобных суммах. Успехов Вам и правильных решений!

finDNA^™ is an end-to-end AML solution that enables banks to achieve regulatory compliance, mitigate risk, safeguard reputation and retain customer loyalty. It provides multiple benefits to banks and FIs in their AML initiative.

                   Compliance with regulations
finDNA^™ helps banks comply with all major AML regulations including the guidelines like FATF Recommendations, Wolfsberg Principles, EU Directives; and country specific regulations like USA PATRIOT Act, FSA guidelines-UK and Prevention of Money Laundering Act India.

                   Complete AML functionality
finDNA^™ is one of the very few AML solutions which spans the complete range of AML detection including Know Your Customer, Watchlist Scanning, Adaptive Customer Profiling, Transaction Monitoring using advanced techniques like statistical analysis, ML patterns recognition, link analysis, behavioral and peer group analysis, Case management and Automated workflows and regulatory reporting.

                   Integrated approach for Batch & real-time checks
finDNA^™ provides the flexibility to monitor transactions in both real-time and batch mode, thereby enabling compliance without compromising much on STP norms for core banking solutions.

                   Modular Implementation
finDNA^™ enables a flexible, modular approach to implementation.Clients can add modules to ramp up their AML strategy in phases.

                   Integration Capabilities
In addition to extensive integration capabilities, finDNA integrates with bank's existing workflow and reporting engines, ensuring that investments in enterprise frameworks are leveraged.

                   Superior technology
finDNA^™ has been developed on scalable technology to cater to large transaction volumes and is platform independent. It has a browser based UI for ease of installation, use and maintenance. The, finDNA™ design paradigm is based on providing complete configurability of business rules leading to minimal IT intervention.

                   Rich AML expertise
Anti-Money Laundering CoE at TCS has rich domain expertise in Anti Money Laundering & Regulations. It comprises of consultants with rich expertise in AML & USA Patriot Act requirements. The continuous functional support from the AML CoE will enable banks to comply with evolving AML regulations.

                   Single Vendor Approach
TCS offers a single vendor approach to provide end-to-end Solution in AML for banks covering AML solution, implementation, system integration and continual support with single point of accountability and delivery.

    Sanctions Filtering

            
Banks can define their KYC processes and identify any deficiencies in KYC data based on customer risk quotient. Banks can screen transactions by employing finDNA™ ™ 'sanctions and watchlist scanning' filter. This filter polls various lists such as those provided by regulatory bodies, independent 3rd party data providers or bank's own internally maintained lists. Advance search algorithms, like phonetics and fuzzy logic, are deployed for better screening.

           KYC/Risk Rating

   finDNA™ enables the compliance team to create diverse customer risk groups based on the perceived risk, using approaches propagated by FATF, Wolfsberg principles and other regulatory methods. finDNA™ uses bank-defined risk modeling & assessment logics to arrive at the customer risk rating. It also enables the banks compliance to conduct KYC detail modification and enhancements. finDNA™ detects hidden relationships within bank customers using static and dynamic parameters.

                  Profiling

  finDNA™ enables Multi Dimensional profiling of customers using multiple demographic, geographic and behavioral parameters. Segmenting the customers into peer groups and sub groups is based on rules defined by the bank's compliance team. finDNA™ determine behavioral profile at account, linked accounts and peer group level. The empirical parameters used are value, velocity and volume of transactions.

                  Transaction Monitoring

            finDNA™ provides great flexibility in setting up rules & monitoring strategies. Users can a) set up stratgegies based on profiles, events/ transaction types, and other several other parameters b) Use the repository of pre-configured rule templates that facilitate detection of ML scenarios like structuring, high transaction activity, funds flow-through etc. c) develop their own detection typologies across financial products & profiles.

                While analyzing behaviour, finDNA provides models that use value, volume & velocity calculated at an account, customer, group, business unit level to detect deviations in profile. It provides advanced techniques like statistical analysis, ML patterns recognition, link analysis, behavioral and peer group analysis for detection. T he flexibility of the rule engine allows the users to build new rules and detection techniques with ease and on-the-fly to counter ML methods, and meet the evolving regulatory requirements. Neural Network is an optional layer over rule engine which helps in refining the detection rules and prevent repetition of similar false alerts.

                  Investigation and Analysis

     finDNA™ comes with comprehensive case management capabilities that empowers the investigating officer to carry out detailed analysis of all alerts, at the touch of a button. An 'intelligent' scoring-mechanism helps prioritize the alerts. Easy drill down facility coupled with rich analytical tools such as graphical trend analysis, links maps, behavioral charts and alert drilldown enables the compliance officers to conduct detailed investigation of alerts. Case Management also facilitates Electronic Case File creation and assignmentby grouping alerts and attaching of documentary evidence to cases. To prevent internal fraud and to enable reconstruction of case for regulatory inquiries, finDNA™ maintains audit trails for all alerts and actions. Advanced alert-specific and time-bound escalation workflow along with notifications ensures early and systematic resolution of alerts.

          Reporting
finDNA™ integrates with 3rd party reporting engines through open APIs to offer comprehensive reporting capabilities. These include generation and automatic filing of regulatory reports like SAR/CTR, MIS reports and others. Besides this, finDNA™ also enables generation of both regulatory and MIS standard and adhoc reports.

Рекомедуем также ознакомится с базовыми принципами работы Wolfsberg Principles (на русс.) направленной на автоматизацию контроля платежей.