Ongoing portfolio monitoring for financial institutions

Discover how a regional bank who was performing ongoing monitoring for over 2 million portfolios, a process resulting in high false positive rates and a slow decision process, used portfolio monitoring as a tool to decrease internal analyst resources workload by 90%.

RDC was able to streamline onboarding with decision-ready, dynamic due diligence reports and enhance protection with ongoing monitoring of the clients’ portfolios for material changes. By leveraging RDC’s platform, this client was able to define and manage the screening rules through a centralized function, ensuring consistency and compliance with the appropriate standards and integrating with current legacy systems.

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RDC a Leader in IDC’s KYC Marketscape

RDC has been named as a “Leader” in IDC MarketScape: Worldwide Know-Your-Customer Solutions in Financial Services 2018 Vendor Assessment.

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01

November

2018

Using Natural Language Processing to Interpret Risk-Relevant Content

Explore the world of natural language processing (NLP), a fast-evolving technology that’s ideally suited to making sense of unstructured risk intelligence data at […]

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29

October

2018

RegTech – Not Just for Startups

By Michael Kerman | October 29, 2018 After the 2008 crisis, financial institutions faced a mountain of new regulations and […]

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11

October

2018

Eight Reasons Why Search Engines Are Not Due Diligence

By Michael Kerman | October 11, 2018 Search engines are free, easy to use and powerful. Could you use them […]

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18

September

2018

It Takes Two To Tango: The Interdependence of Data and Technology

By Michael Kerman | September 18, 2018 Everyone’s talking about artificial intelligence and machine learning (AI and ML). But what’s […]

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11

September

2018

Combating Modern Slavery and Human Trafficking: What Financial Institutions Should Know

The issue of modern slavery continues to be a sensitive topic within the private sector. A lack of experience of […]

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03

August

2018

Using Cognitive Prediction to Confront Terrorist Financing

Traditionally, the approach to dealing with terrorist financing starts by breaking it down into two kinds of needs: supporting organizational […]

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24

July

2018

Tracking Risks Regarding Marijuana Related Businesses: Seed to Sale Monitoring

With conflicting opinions from state and federal legislation and limited guidance from the Department of Justice and FinCEN, financial institutions […]

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