Compliance Analytics. Powerful data, world-class analytics
SWIFT’s Compliance Analytics solutions help you to comply with global regulatory standards by providing a comprehensive dataset of your SWIFT message traffic.
Our Compliance Analytics solutions can help you leverage your SWIFT message data to support financial crime compliance.
As the international banking community unites its efforts against money laundering, terrorist financing and cyber fraud, reactive approaches to financial crime fall short and can lead to financial loss and reputational damage. Advanced data analysis is critical, but getting the right data can be difficult.
Our Compliance Analytics solutions help you to comply with global regulatory standards by providing a comprehensive dataset of your SWIFT message traffic. We help you identify, monitor, analyse and address compliance and fraud risk, keeping your business on the right track.
Compliance Analytics, Fraud and Anti-Money Laundering solutions
This secured analytics platform uses data visualisation to aid analysis and generates alerts when it detects activity spikes, outliers or policy breaches.
- Mitigates risk and reduces costs
- Comprehensive view of traffic
- Provides peer group comparison
Our Correspondent Monitoring tool delivers top-down AML monitoring and alerting, tailored to correspondent banking requirements.
- Standardised overview
- Automated alerts
- Risk-scoring and modelling
Payments Data Quality
Payments Data Quality helps you evaluate the quality of originator and beneficiary information in your payment messages in line with regulatory requirements.
- Single, global overview
- Neutral third-party reporting
- Web-based service
Daily Validation Reports
Daily Validation Reports help to mitigate the risk of lost records by providing daily activity and risk reporting of your daily transactions.
- Independent daily reporting
- Highlights large transactions and new counterparties
- Rapid response and recovery
Payment Controls will augment existing fraud prevention controls and is designed for seamless integration with business, compliance and operational processes.
- Manage payment policy and control risk
- Provide business assurance to counterparts
- Mitigate regulatory and reputational risk
About SWIFT’s Compliance Analytics,
Fraud and Anti-Money Laundering services
As regulatory pressure grows in response to ever more sophisticated money laundering techniques, existing AML tools no longer address the needs of correspondent banks.
Data analysis is vital in the fight against evolving cyber threats. As data volumes increase exponentially, however, datasets often lack standardisation and are spread across multiple IT systems and subsidiaries.
By providing a truly global view of your message traffic, Compliance Analytics helps you identify unusual patterns or trends and hidden relationships, supporting KYC, AML and Sanctions compliance.
Compliance Analytics helps us to comply with specific regulatory requirements, particularly in the areas of KYC and sanctions. It also gives us more insight into the transactions we are facilitating.
AML & KYC Officer, Rabobank