With Compliance Analytics, you’re always alert to financial crime risks
If you’re responsible for Know Your Customer, anti-money laundering or sanctions compliance, you need to proactively monitor and assess financial crime risks right across your operations and network. Here’s how.
Compliance Analytics analyses your institution’s SWIFT payments traffic and delivers a global view of branch and correspondent activity across all group entities.
By benchmarking your traffic against aggregated message totals over SWIFT, Compliance Analytics shows your activity share in high-risk countries and corridors and alerts you to significant spikes, unusual behaviour or possible policy breaches. Your counterparties’ nested downstream activities are also identified.
Graphical views make it easy to filter and display the data to identify trends over time, by geography or counterparty, and understand where to focus investigations. You can also review the status of Relationship Management Applications (RMAs) to evaluate correspondent relationships at group level.
With no software to install, Compliance Analytics’ powerful analysis is easy to implement. SWIFT can also deliver these powerful analytics as a tailored reporting service for institutions where the full Compliance Analytics suite isn’t the right match.
The global view you need to manage financial crime risks
Compliance Analytics gives a group-level view of correspondent banking activity and financial crime risks across your operations, using global data only available from SWIFT.
Reveals activity changes and uncovers risks
Graphical views track activity changes in high-risk corridors and highlight traffic with countries where sanctions apply. Your correspondents’ nested payment flows are also identified.