We believe digitization and automation are the means for institutions to drastically improve their compliance return on investment. Technology solutions like Risk Assessments, customer on boarding, cross-channel risk analysis, monitoring and screening, etc… should be looked at as part of the overall business plan and growth in order to achieve Strategic Compliance Planning.
Integrated Order to Cash (O2C) Automation Software for Global Shared Services...Emagia
Integrated Order to Cash (O2C) Automation Software for Global Shared Services
https://www.emagia.com/resources/ebooks/integrated-otc-transformation-for-global-shared-services-organizations/
Integrated Order to Cash (O2C) Automation Software for Global Shared Services...Emagia
Integrated Order to Cash (O2C) Automation Software for Global Shared Services
https://www.emagia.com/resources/ebooks/integrated-otc-transformation-for-global-shared-services-organizations/
A single point of reference
for any customer assessment request
A powerful, high-performance, customer assessment & management platform, acting as a single point of
reference regarding customer analytics, information & knowledge produced within the enterprise. Customer
Intelligence Server provides insight into your customer management processes through solid analysis of the
information stored in your legacy systems and/or data warehouse. Our solution is based on a dynamic
customer analytics architecture that combines business knowledge with statistical models and cutting edge
software technologies in order to optimize customer interaction.
A powerful, high-performance, customer assessment & management platform, acting as a single point of
reference regarding customer analytics, information & knowledge produced within the enterprise.
Commercial risk management and contracting good practice. Digital, automated assistance for you to manage your business
econsys is a SaaS platform hosted on the cloud providing commercial management good practice governance, in-built automated risk management and compliance.
Designed for specialist contracting businesses to control and manage end to end core commercial processes, econsys is built upon the premise of best practice and has been developed to directly address real issues and concerns experienced by real companies.
Don’t know where to start when setting up your admin roles in BlackLine? Wondering how to save hours every year when reviewing your profiles and roles? Want to know what auditors really need when they inquire on user permissions and roles? Then you’ll need to view our slides and understand the key tools and techniques to ease yourself into BlackLine implementation. We’ll cover the key aspects and give you 5 proven best practices that you can use immediately.
Agenda
Prospective Review:
•Gain a mutual understand of your options for accounting tech & reporting
•Define “Cloud” and contrast to on-premise technology
•Survey “What is a cloud financial management system today?”
Agreed Upon Outcome:
Identify your challenges and vision for financial management & reporting
Commence an assessment of the cloud delivery method
Understand your process for evaluation and options for a diagnostic review
Crafting an End-to-End Pharma GRC StrategyCognizant
For pharmaceuticals facing increasing oversight and regulatory constraints, governance, risk management and compliance (GRC) tools are playing a more critical role, sometimes in combination with ERP. We compare Approva Bizights and SAP GRC 10 software tools while offering a framework for choosing a suitable GRC package.
In the current business environment, IT Suppliers have become integral part of the Customer organization and the IT environment and processes of IT Suppliers have a direct impact on the Customer Organization. Even though Operational responsibility might have got transferred to Supplier, but legal and regulatory responsibility will still be with Customer. Hence it is Customer’s responsibility to verify that appropriate controls are in effect to ensure that the organization fulfills its contractual obligations. This topic focuses on some of the key components and the best practices in auditing IT Suppliers for Compliance. It is aligned with one of the ISACA Research paper (Outsourced IT Environments Audit/Assurance Program) with additional information.
SAP HANA for Capital Markets Risk ManagementMartin Tenk
nother great example of the innovations that HANA can provide. This time in Capital Markets, where it enables immediate intraday risk reporting and analysis.
Sourcesphere brochure - A Centralized Vendor Management SolutionApplexus Technologies
The Applexus SourceSphere is a secure and easy-to-use web platform for B2B procurement processes. SourceSphere offers a level playing field in the acquisition of products and services. This procurement portal ensures effective collaboration between organizations and their suppliers.
ourceSphere Modules
e-Registration: Powerful yet easy-to-use window for suppliers to register, request empanelment & manage profiles
e-Tendering: Suppliers and bidders have access to the same commercial information, guidance and instructions-equitable prices are encouraged
e-Procurement: Efficient management of the entire ‘procure-to-pay’ (P2P) cycle with standardized transactions that can be tracked easily
e-Auction: A secure bidding environment with the ease and speed of communication to multiple bidders
e-Hiring: Access to a large, well-organized database enables organizations to interact with their suppliers for hiring and contracting resources
With increased outsourcing of critical business functions it is more critical than ever to assess the risks posed by outside vendors and manage the ongoing relationship. In fact, regulators and auditors are focusing more and more on how vendors and contracts are managed and maintained by institutions. While vendor management is a “must-do” to satisfy financial industry regulatory requirements, it can also serve as a strategic initiative that can create a better run institution. Vendor Management can also be used as a way to improve efficiency, financial management, and profitability by reducing expenses and minimizing risk. Learn more at: www.nafcu.org/quantivate
DataArt Financial Services and Capital MarketsDataArt
DataArt is a global software engineering firm that takes a uniquely human approach to solving problems. With over 20 years of experience, teams of highly-trained engineers around the world, deep industry sector knowledge, and ongoing technology research, we help clients create custom software that improves their operations and opens new markets. Powered by our People First principle, we work with clients at any scale and on any platform, and adapt alongside them as they evolve.
We integrate our engineering excellence with deeply human values that drive our business and our approach to relationships: curiosity, empathy, trust, honesty, and intuition. These qualities help us deliver high-value, high-quality solutions that our clients depend on, and lifetime partnerships they believe in.
DataArt has earned the trust of some of the world’s leading brands and most discerning clients, including Nasdaq, Travelport, Ocado, Centrica/Hive, Paddy Power Betfair, IWG, Univision, Meetup and Apple Leisure Group among others. DataArt brings together expertise of over 3000 professionals in 20 locations in the US, Europe, and Latin America.
Global radar global-risk-management-solutionGlobalRadar
Global RADAR is the leader in client onboarding, customer due diligence and transaction surveillance. Providing businesses a risk management software solution since 2007, we make it easier to open accounts in a secure digital environment while ensuring compliance with global regulatory requirements and leverage sophisticated analytics to ensure suitability of clients profiles. Global RADAR is built on four solid pillars of compliance: Customer Due Diligence, Document Management, Watch List Screening, and Transaction Surveillance.
https://www.globalradar.com/
A single point of reference
for any customer assessment request
A powerful, high-performance, customer assessment & management platform, acting as a single point of
reference regarding customer analytics, information & knowledge produced within the enterprise. Customer
Intelligence Server provides insight into your customer management processes through solid analysis of the
information stored in your legacy systems and/or data warehouse. Our solution is based on a dynamic
customer analytics architecture that combines business knowledge with statistical models and cutting edge
software technologies in order to optimize customer interaction.
A powerful, high-performance, customer assessment & management platform, acting as a single point of
reference regarding customer analytics, information & knowledge produced within the enterprise.
Commercial risk management and contracting good practice. Digital, automated assistance for you to manage your business
econsys is a SaaS platform hosted on the cloud providing commercial management good practice governance, in-built automated risk management and compliance.
Designed for specialist contracting businesses to control and manage end to end core commercial processes, econsys is built upon the premise of best practice and has been developed to directly address real issues and concerns experienced by real companies.
Don’t know where to start when setting up your admin roles in BlackLine? Wondering how to save hours every year when reviewing your profiles and roles? Want to know what auditors really need when they inquire on user permissions and roles? Then you’ll need to view our slides and understand the key tools and techniques to ease yourself into BlackLine implementation. We’ll cover the key aspects and give you 5 proven best practices that you can use immediately.
Agenda
Prospective Review:
•Gain a mutual understand of your options for accounting tech & reporting
•Define “Cloud” and contrast to on-premise technology
•Survey “What is a cloud financial management system today?”
Agreed Upon Outcome:
Identify your challenges and vision for financial management & reporting
Commence an assessment of the cloud delivery method
Understand your process for evaluation and options for a diagnostic review
Crafting an End-to-End Pharma GRC StrategyCognizant
For pharmaceuticals facing increasing oversight and regulatory constraints, governance, risk management and compliance (GRC) tools are playing a more critical role, sometimes in combination with ERP. We compare Approva Bizights and SAP GRC 10 software tools while offering a framework for choosing a suitable GRC package.
In the current business environment, IT Suppliers have become integral part of the Customer organization and the IT environment and processes of IT Suppliers have a direct impact on the Customer Organization. Even though Operational responsibility might have got transferred to Supplier, but legal and regulatory responsibility will still be with Customer. Hence it is Customer’s responsibility to verify that appropriate controls are in effect to ensure that the organization fulfills its contractual obligations. This topic focuses on some of the key components and the best practices in auditing IT Suppliers for Compliance. It is aligned with one of the ISACA Research paper (Outsourced IT Environments Audit/Assurance Program) with additional information.
SAP HANA for Capital Markets Risk ManagementMartin Tenk
nother great example of the innovations that HANA can provide. This time in Capital Markets, where it enables immediate intraday risk reporting and analysis.
Sourcesphere brochure - A Centralized Vendor Management SolutionApplexus Technologies
The Applexus SourceSphere is a secure and easy-to-use web platform for B2B procurement processes. SourceSphere offers a level playing field in the acquisition of products and services. This procurement portal ensures effective collaboration between organizations and their suppliers.
ourceSphere Modules
e-Registration: Powerful yet easy-to-use window for suppliers to register, request empanelment & manage profiles
e-Tendering: Suppliers and bidders have access to the same commercial information, guidance and instructions-equitable prices are encouraged
e-Procurement: Efficient management of the entire ‘procure-to-pay’ (P2P) cycle with standardized transactions that can be tracked easily
e-Auction: A secure bidding environment with the ease and speed of communication to multiple bidders
e-Hiring: Access to a large, well-organized database enables organizations to interact with their suppliers for hiring and contracting resources
With increased outsourcing of critical business functions it is more critical than ever to assess the risks posed by outside vendors and manage the ongoing relationship. In fact, regulators and auditors are focusing more and more on how vendors and contracts are managed and maintained by institutions. While vendor management is a “must-do” to satisfy financial industry regulatory requirements, it can also serve as a strategic initiative that can create a better run institution. Vendor Management can also be used as a way to improve efficiency, financial management, and profitability by reducing expenses and minimizing risk. Learn more at: www.nafcu.org/quantivate
DataArt Financial Services and Capital MarketsDataArt
DataArt is a global software engineering firm that takes a uniquely human approach to solving problems. With over 20 years of experience, teams of highly-trained engineers around the world, deep industry sector knowledge, and ongoing technology research, we help clients create custom software that improves their operations and opens new markets. Powered by our People First principle, we work with clients at any scale and on any platform, and adapt alongside them as they evolve.
We integrate our engineering excellence with deeply human values that drive our business and our approach to relationships: curiosity, empathy, trust, honesty, and intuition. These qualities help us deliver high-value, high-quality solutions that our clients depend on, and lifetime partnerships they believe in.
DataArt has earned the trust of some of the world’s leading brands and most discerning clients, including Nasdaq, Travelport, Ocado, Centrica/Hive, Paddy Power Betfair, IWG, Univision, Meetup and Apple Leisure Group among others. DataArt brings together expertise of over 3000 professionals in 20 locations in the US, Europe, and Latin America.
Global radar global-risk-management-solutionGlobalRadar
Global RADAR is the leader in client onboarding, customer due diligence and transaction surveillance. Providing businesses a risk management software solution since 2007, we make it easier to open accounts in a secure digital environment while ensuring compliance with global regulatory requirements and leverage sophisticated analytics to ensure suitability of clients profiles. Global RADAR is built on four solid pillars of compliance: Customer Due Diligence, Document Management, Watch List Screening, and Transaction Surveillance.
https://www.globalradar.com/
New Analytic Uses of Master Data Management in the EnterpriseDATAVERSITY
Companies all over the world are going through digital transformation now, which in many cases is all about maturing the data environment and the use of data. Master data is key to this effort. All transformative projects require master data and usually many subject areas.
What could you accomplish if cultivating master data didn’t have to be part of every project and could be accessed as a service?
We’ll look at creative enterprise use cases of Master Data Management in the enterprise. We’ll see what some MDM vendors are doing with AI and how the future of MDM will be shaped by looking at some specific MDM actions influenced by AI.
Applying Robotic Process Automation in Banking: Innovations in Finance and Riskaccenture
Robotics is quickly gaining traction in banks to automate their everyday finance and risk processes. Accenture's presentation covers the impact of Robotic Process Automation (RPA) on a bank's finance and risk function. Read Philippe Guyonnet’s blog to learn more about RPA in banking and finance and risk innovation:http://bit.ly/2dprACR
Data reply sneak peek: real time decision enginesconfluent
Events happen constantly in every business: a purchase in an online shop, a credit limit is hit, the mobile internet plan has been exhausted, users interact with a website. Events rule the business world. So why would you react to them hours or days later? Real-Time Decision Engines enable a variety of use cases, driving new products, increasing user experience, reducing costs and risks by reacting instantly to business events.
From personalized instantaneous marketing campaigns to reacting to user interactions, Real-Time is the key to open up a world of use cases that batch and scheduled processing cannot efficiently satisfy. In this talk, we are going to show some example use cases that Data Reply developed for some of its customers and how Real-Time Decision Engines had an impact on their businesses.
Vallesoft is an esteemed CRM Software Company in Delhi. We have been serving businesses of all sizes and industry verticals with our cloud-based CRM software in all over India.
Microsoft Accounting Software | Value Proposition AnalysisKashyap Shah
This presentation describes various features of Microsoft's Accounting software for SME & MSMEs in India. It also includes balanced score card and competitive analysis based on the value offerings by Microsoft.
Data engineering Use Cases in financial industry.pdfshreyathaker
Join us as we unravel the mysteries of data engineering and uncover the secrets to success in the digital age. Our newsletter is your go-to resource for exploring the top 5 use cases that are driving innovation across industries and transforming the way businesses harness the power of data. With a blend of expert analysis, real-world examples, and practical advice, we empower data enthusiasts to tackle complex challenges and unleash the full potential of their data ecosystem. Whether you're a data scientist, engineer, analyst, or business leader, our newsletter provides valuable insights and actionable strategies to help you stay ahead of the curve and drive meaningful change in your organization.
TradeZone promises more than efficiency gains. It combines centralised control and straight-through processing (STP) for trade and supply chain finance to deliver superior service level agreement (SLA) management. It can help you transform trade operations to improve margin, win on client service, and capture new opportunities in working capital finance.
Improve Trade Margins
Centralized & De-centralized Operations
Improved Audit & Compliance
Eliminate Duplicate Financing
Enhanced Revenues
Service Leadership in Trade Finance
https://kyzersoft.com/
RackNap for Datacenter and Infrastructure Service ProvidersRackNap
RackNap integrates complete software infrastructure and network hardware with a strategic datacenter view & fulfils all needs for an automated IT environment.
http://www.racknap.com/data-center
IBM Solutions Connect 2013 - Increase Efficiency by Automating IT Asset & Ser...IBM Software India
More than investing, managing and controlling IT assets is critical in an organisation. Companies have a lot to gain by maintaining control of IT assets. They can avoid massive unplanned expenses, increase productivity and provide easy access to information for decision making. When designing an IT asset management (ITAM) program, organisations need to keep the above in mind so as to make the most of their investments. Go through the presentation to find out more how IBM SmartCloud suite of solutions can help you achieve the above.
Similar to DAC Tekiō by DAC Software Solutions Ltd. (20)
Elevating Tactical DDD Patterns Through Object CalisthenicsDorra BARTAGUIZ
After immersing yourself in the blue book and its red counterpart, attending DDD-focused conferences, and applying tactical patterns, you're left with a crucial question: How do I ensure my design is effective? Tactical patterns within Domain-Driven Design (DDD) serve as guiding principles for creating clear and manageable domain models. However, achieving success with these patterns requires additional guidance. Interestingly, we've observed that a set of constraints initially designed for training purposes remarkably aligns with effective pattern implementation, offering a more ‘mechanical’ approach. Let's explore together how Object Calisthenics can elevate the design of your tactical DDD patterns, offering concrete help for those venturing into DDD for the first time!
Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...UiPathCommunity
💥 Speed, accuracy, and scaling – discover the superpowers of GenAI in action with UiPath Document Understanding and Communications Mining™:
See how to accelerate model training and optimize model performance with active learning
Learn about the latest enhancements to out-of-the-box document processing – with little to no training required
Get an exclusive demo of the new family of UiPath LLMs – GenAI models specialized for processing different types of documents and messages
This is a hands-on session specifically designed for automation developers and AI enthusiasts seeking to enhance their knowledge in leveraging the latest intelligent document processing capabilities offered by UiPath.
Speakers:
👨🏫 Andras Palfi, Senior Product Manager, UiPath
👩🏫 Lenka Dulovicova, Product Program Manager, UiPath
LF Energy Webinar: Electrical Grid Modelling and Simulation Through PowSyBl -...DanBrown980551
Do you want to learn how to model and simulate an electrical network from scratch in under an hour?
Then welcome to this PowSyBl workshop, hosted by Rte, the French Transmission System Operator (TSO)!
During the webinar, you will discover the PowSyBl ecosystem as well as handle and study an electrical network through an interactive Python notebook.
PowSyBl is an open source project hosted by LF Energy, which offers a comprehensive set of features for electrical grid modelling and simulation. Among other advanced features, PowSyBl provides:
- A fully editable and extendable library for grid component modelling;
- Visualization tools to display your network;
- Grid simulation tools, such as power flows, security analyses (with or without remedial actions) and sensitivity analyses;
The framework is mostly written in Java, with a Python binding so that Python developers can access PowSyBl functionalities as well.
What you will learn during the webinar:
- For beginners: discover PowSyBl's functionalities through a quick general presentation and the notebook, without needing any expert coding skills;
- For advanced developers: master the skills to efficiently apply PowSyBl functionalities to your real-world scenarios.
DevOps and Testing slides at DASA ConnectKari Kakkonen
My and Rik Marselis slides at 30.5.2024 DASA Connect conference. We discuss about what is testing, then what is agile testing and finally what is Testing in DevOps. Finally we had lovely workshop with the participants trying to find out different ways to think about quality and testing in different parts of the DevOps infinity loop.
Encryption in Microsoft 365 - ExpertsLive Netherlands 2024Albert Hoitingh
In this session I delve into the encryption technology used in Microsoft 365 and Microsoft Purview. Including the concepts of Customer Key and Double Key Encryption.
UiPath Test Automation using UiPath Test Suite series, part 3DianaGray10
Welcome to UiPath Test Automation using UiPath Test Suite series part 3. In this session, we will cover desktop automation along with UI automation.
Topics covered:
UI automation Introduction,
UI automation Sample
Desktop automation flow
Pradeep Chinnala, Senior Consultant Automation Developer @WonderBotz and UiPath MVP
Deepak Rai, Automation Practice Lead, Boundaryless Group and UiPath MVP
Accelerate your Kubernetes clusters with Varnish CachingThijs Feryn
A presentation about the usage and availability of Varnish on Kubernetes. This talk explores the capabilities of Varnish caching and shows how to use the Varnish Helm chart to deploy it to Kubernetes.
This presentation was delivered at K8SUG Singapore. See https://feryn.eu/presentations/accelerate-your-kubernetes-clusters-with-varnish-caching-k8sug-singapore-28-2024 for more details.
GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using Deplo...James Anderson
Effective Application Security in Software Delivery lifecycle using Deployment Firewall and DBOM
The modern software delivery process (or the CI/CD process) includes many tools, distributed teams, open-source code, and cloud platforms. Constant focus on speed to release software to market, along with the traditional slow and manual security checks has caused gaps in continuous security as an important piece in the software supply chain. Today organizations feel more susceptible to external and internal cyber threats due to the vast attack surface in their applications supply chain and the lack of end-to-end governance and risk management.
The software team must secure its software delivery process to avoid vulnerability and security breaches. This needs to be achieved with existing tool chains and without extensive rework of the delivery processes. This talk will present strategies and techniques for providing visibility into the true risk of the existing vulnerabilities, preventing the introduction of security issues in the software, resolving vulnerabilities in production environments quickly, and capturing the deployment bill of materials (DBOM).
Speakers:
Bob Boule
Robert Boule is a technology enthusiast with PASSION for technology and making things work along with a knack for helping others understand how things work. He comes with around 20 years of solution engineering experience in application security, software continuous delivery, and SaaS platforms. He is known for his dynamic presentations in CI/CD and application security integrated in software delivery lifecycle.
Gopinath Rebala
Gopinath Rebala is the CTO of OpsMx, where he has overall responsibility for the machine learning and data processing architectures for Secure Software Delivery. Gopi also has a strong connection with our customers, leading design and architecture for strategic implementations. Gopi is a frequent speaker and well-known leader in continuous delivery and integrating security into software delivery.
2. www.dacsoftwaresolutions.com
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DAC Tekiō
AML/KYC Compliance Solution
A customisable single KYC platform that helps you streamline analysis, resolution and regulatory
reporting in a single unified platform. Our design ‘future-proofs’ against future risk and compliance
initiatives, enabling a rapidly response to changing business and regulatory conditions, thus improving
consistency and effectiveness of your data, increases business performance and strengthens
your competitive advantage while controlling overall compliance costs.
Moulded to your business process, our solution is built with a customer-centric approach, to achieve
• Integrated KYC advisory: We can integrate the solution with your AML policy to ensure you are
always following the latest regulations and leverage automation capabilities within the AML/KYC
solution
• Modular design: Four modules which make up the AML/KYC Solution, namely; (automated)
customer risk assessment, workflow management, smart checklists and management reporting and
information. These modules are kept as separate components to ease implementation, customisation,
calibration and governance.
• Ongoing monitoring: The AML/KYC solution helps you to keep your customer’s KYC information
up to date with changing regulations and new KYC information (inc. PEPs & adverse media).
3. www.dacsoftwaresolutions.com
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Overview of Core Capabilities
Single, integrated technology platform that efficiently manages your AML/KYC Policies
Real time visibility of data
with the ability to slice and
dice data on-demand,
enabling deep data analysis
to take place
Reporting
Automated risk scoring driven
by your policy throughout the
lifecycle of the Customer,
minimizing overall risk to the
organization
Risk Assessment
Transform your KYC team
into an investigations team,
reviewing high risk events
rather than completing a tick
box, minimising customer
contact, maximising
efficiency
Automation
Flexible, user friendly
workflows that facilitate
escalation and create
comprehensive audit trails
for all activities
Workflow
Efficient management of
regulatory and customer
documentation
requirements
Data Mngmt.
Investing in AML/KYC analytics presents a significant opportunity to manage the rising cost of compliance and risks of non-compliance. Our AML/KYC
Compliance Solution puts you ahead of the growing number of anti-money laundering (AML) regulations challenge and engages the entire business in the
compliance efforts. Unlike other solutions that only satisfy one of the key requirements, our solution can help you meet them all within a single platform.
4. www.dacsoftwaresolutions.com
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Key Features
Modular design to allow for a risk-based phased implementation in a time restricted
environment, with the ease to bolt on top additional modules as required in due course
Aggregates internal and external data to continuously risk assess your portfolio based
on your risk tolerance
Fully customizable workflows that facilitate escalation and create a comprehensive
audit trail of all KYC activities
Fit for purpose periodic / ad hoc Management Information, providing automated
reports to evaluate progress against your requirements, maximizing the value and
impact of information as a strategic corporate asset to gain competitive advantage
Automation of manual processes around KYC (e.g. Alert management, diarisation /
notifications of case follow-ups, automated mailings, etc..)
5. www.dacsoftwaresolutions.com
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Compliance
Reducing KYC time and cost by automating and standardising the KYC process
• Based on a few key data points (Legal entity
type, sub-entity type, jurisdiction), the rules
engine dictates the KYC Questions that need
to be answered, data and documentation that
needs to be captured as defined by your
standards.
Dynamic Rules Engine
• Clear 3600 view of clients, counterparties and
all related parties, including Ultimate
Beneficial Owners
• Fully auditable and evidenced AML
Compliance process
KYC Reviews and Remediation
Customisable interactive dashboards:
• Portfolio Overview showing all projects
within the organisation or part of the
organisation
• Portfolio Risks, Issue and target Deliverables
for multiple projects
Compliance Reporting
• Efficiently manage the end-to-end customer
outreach process tailored to each customer
• Automated monitoring and tracking of
incoming responses in real-time
Effective Customer Outreach
• Compliance throughout all the customer
lifecycle events (incl. new product
onboarding, regular KYC reviews and event-
triggered reviews)
• Flexible design for any level / type of
Customer Due Diligence
Organisation-wide Communication
• Automated risk scoring driven by your policy
throughout the lifecycle of the Customer,
minimizing overall risk to the organization
• Risk Based Approach to onboarding, entity
data management, regulatory compliance and
ongoing account maintenance
Customer Risk Assessment
6. www.dacsoftwaresolutions.com
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Data Management
Regulatory compliance is a data management game
Document Management
• Efficient management of regulatory and customer
documentation requirements
• Shared service document repository allowing users to
search retrieve and upload documentation easily and
efficiently
• Document content generation optimization
• Single view of customer documentation with a
document matrix
Legal Hierarchies and Ownership
• Sophisticated counterparty hierarchy modelling and
visualization, creating a single, consolidated source of
legal entity data which can be securely accessed across
the organization.
• Proactively track and manage interlinked companies,
directors, shareholders and beneficiaries
Single Customer View
• 3600 view of the customer allows greater visibility into
the customer.
• This single customer view enables you to recognize all
the accounts and products held by the customer across
different business lines, all information and
documentation relating to the customer and any
counterparty – all in one place.
Centralized Master Data Solution
• Collation of several data depositories facilitating
localization and re-use of client data across the
business, easing the requirement to contact customers
repeatedly for the same information and documentation
7. www.dacsoftwaresolutions.com
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Digital Transformation and Automation
Digitalization and transformation of the compliance process into a fully automated, seamless and efficient process for your institution and more importantly your customers.
Data Aggregation and Integration
• Source, manage and audit data, creating a single
customer view
• Aggregation, processing and routing of Customer and
counterparty data from multiple sources and systems
• Automated transaction reviews on customer data
assessing whether the account activity is as expected
and whether this aligns to purpose of the account
Efficient Customer Outreach
• Superior operational and Customer service through
advanced digitization technology, incl. Automated
customer contact letter generation and automated
calling program scheduling.
Management Information and Analytics
• Advanced reporting to efficiently measure and manage
the end-to-end Customer lifecycle process
• Real time visibility of data with the ability to slice and
dice data on-demand, enabling deep data analysis to
take place
Digital Client Data
• Optimized business models to digitize customers’
information and documentation (incl. requests)
• Structured risk and compliance process, routines and
means of storing data
8. www.dacsoftwaresolutions.com
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Workflow Management
The workflow management module streamlines analysis, resolution and regulatory reporting in a single unified platform. It’s design ‘future-proofs’ against future risk and
compliance initiatives, enabling you to rapidly respond to changing business and regulatory conditions. This improves the consistency and effectiveness of the data,
increases business performance and strengthens your competitive advantage while controlling overall compliance costs.
Enhancement of overall risk
management by enabling the
re-use of the enriched
Customer profiles to support
other compliance
obligations
Centralised tracking
mechanism allowing for full
audit trail of the case and
decisioning
Production of fit for purpose
periodic / ad hoc
Management Information
Enforcement of
consistent processes to
match internal policies and
procedures providing a
compliance safety net for
our organization
Open communication
channels to gain the full
value of the centralised
customer data
9. www.dacsoftwaresolutions.com
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Transaction Monitoring Framework
Incl. Smart Alert Discounting
DAC Tekiō Transaction Monitoring framework utilises advanced statistical and analytical techniques to identify patterns of
unusual and suspicious customer behaviour. Through the seamless integration with the other core product pillars, DAC Tekiō
builds profiles on each individual customer and compare their financial activity against their expected and cohort norms. DAC
Tekiō quickly highlights linkages between assessment which may involve separate transactions, customers, accounts, alerts,
cases, documents, products and channels - enabling an investigator to spot suspicious activity that may have gone unnoticed.
The transaction monitoring framework will utilize a set of prescriptive rules and thresholds (scenarios) which are fully
customizable and will allow the customer the
1. Ability to add, ability to modify and ability to switch on/off existing scenarios
2. Customise or tune threshold values
Transaction Monitoring creates a number of challenges to institutions (big or small) ranging from having accurate data sources to
setting up the correct thresholds/parameters. Undoubtedly the biggest challenge is False positives. False positives create
recurring alerts for the same type of activity in every cycle or multiple alerts for the same transaction across different scenarios.
Through machine learning DAC Tekiō learns from previous cycles and identify false positives before an alert is generated, thus
increasing the accuracy of identifying truly suspicious activity. Through the integration with the other core product pillars, DAC
Tekiō performs simplified up-front analyses, based on previous alerts (and discounts), customer KYC information, etc.… to
exclude / quarantine certain type of alerts. This results in a much cleaner alert landscape where only the truly suspicious activity
is reviewed by the compliance and transaction monitoring teams (thus reducing overall cost).
10. www.dacsoftwaresolutions.com
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The diagram below shows an illustration of DAC Tekiō and all its product modules. Components marked with the sign are
components that can be customised by the client.
Product Specification
11. www.dacsoftwaresolutions.com
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Centralised tracking mechanism allowing for full audit trail of the case
and decisioning. Flexible, user friendly workflows that facilitate
escalation and create comprehensive audit trails for all activities
CENTRALISED SOLUTION
Hands-on management during design and implementation and full
technical support and/or break/fix services post implementation
SUPPORT 24/7
A solution which drives competitive advantage through business
process management initiatives and enforces consistent processes to
match internal policies and procedures providing a compliance
safety net for your organization.
COMPETITVE ADVANTAGE
01
03
02
Typical Deliverables
Reducing risk and cost by automating and standardising the AML/KYC process
12. www.dacsoftwaresolutions.com
12
CONTACT US
WWW.DACSOFTWARESOLUTIONS.COM
DAC SOFTWARE SOLUTIONS LTD.
10th floor, 1 Canada Square,
Canary Wharf, London
REGISTERED OFFICE
nicholai.portelli@dacsoftwaresolutions.com
+44 7429 100 751
Nicholai Portelli
jason.attard@dacsoftwaresolutions.com
+44 7460 380 111
Jason Attard
NICHOLAI PORTELLI | Co-Founder & Director
JASON ATTARD | Co-Founder & Director