Financial Crimes

Financial Crimes

Operational challenges in identifying and triaging financial crimes within Anti-Money Laundering (AML), Counter Terrorist Financing (CTF) and Anti Bribery and Corruption (ABC)  during customer onboarding continue to get more complex. Client screening efforts may still include labor intensive work, and require more than just a snapshot of potential customers financial behavior. Once onboarded, the continuous monitoring of these behaviors can increase the workload, and the noise.

Trying to continuously monitor all existing customers/corporate partners can be extremely time consuming. Re-screening of all clients may only be done annually, or may not be done at all – creating a risk that new threats from existing customers or partners may go undetected. Portfolio Monitoring provides daily automated monitoring of all data feeds and watch lists for changes and additions, with any matches immediately alerted and returned with no additional batches or extra work for the organization.

RDC not only facilitates a shortened onboarding process, but includes daily portfolio monitoring to keep you one step ahead.

Why RDC?