Find out how SWIFT's compliance solutions can help your institution increase effectiveness and efficiency and reduce costs.
Financial crime compliance continues to make headlines and top the agendas of financial institutions worldwide. At SWIFT, we are working with the financial community on compliance-related challenges. SWIFT Auditorium sessions at Sibos 2015 are your opportunity to learn more about SWIFT's financial crime compliance portfolio and future roadmap.
You'll learn from compliance practitioners and SWIFT product managers how our solutions are helping institutions increase effectiveness and efficiency and reduce the cost of compliance. During three dedicated sessions, you'll also learn what new compliance products and services are coming soon.
This session will cover SWIFT's solutions for sanctions compliance. Sanctions Screening provides cost-effective, real-time message screening against international sanctions lists without the need to manage your own screening infrastructure or sanctions lists. It can screen transactions in any structured format, even if the messages are sent over non-SWIFT networks.
Sanctions Testing can help you optimise the effectiveness and efficiency of your existing transaction, customer and PEP filters. Our Peer Assessment service lets you evaluate the performance of your filters against a baseline of key aggregated data from other participating Sanctions Testing users.
You'll also hear about new sanctions compliance solutions that are coming soon.
The KYC Registry provides a single, standardised, secure source of validated KYC information for correspondent banking and fund distributors. Developed with the world's leading correspondent banks and launched at the end of 2014, The KYC Registry managed service is already used by institutions in more than 145 countries to streamline KYC processes, reduce cost and increase transparency. Hear from product experts and Registry users how The KYC Registry can help you perform KYC activities faster and more cost-effectively.
The Compliance Forum will feature an outstanding speaker line-up and focus on the most relevant financial crime compliance topics for our community
Compliance Analytics can help you monitor and address financial crime risk by leveraging your SWIFT message traffic data. It provides a global oversight of payment flows and trends, and helps you spot anomalies, so you can react quickly to address and mitigate correspondent risk. This service portfolio is expanding to cover data quality related to the latest regulation and FATF recommendations.
The Auditorium sessions are a part of the overall Compliance Forum programme and will provide an ideal platform for SWIFT to showcase and promote its suite of Compliance products and services to the financial community.
"The Compliance Forum will feature an outstanding speaker line-up and focus on the most relevant financial crime compliance topics for our community," says Luc Meurant, Head of Banking Markets and Compliance Services, SWIFT. "It provides a dynamic and interactive environment in which to network, share ideas and agree on collective actions to address the challenges posed by regulatory change."