In recent years,the regulatory authorities have continuously promoted the transformation ofanti money laundering from "rule-based" to "risk-based".The anti money laundering supervision of financial institutions has becomeincreasingly strict, and administrative penalties for anti money launderinghave occurred frequently. With the development of digital informationtechnology, the trend of gang, specialization and diversification of moneylaundering crimes is obvious, the flow of illegal funds is more rapid andhidden, and the online business and intelligent business of financialinstitutions are developing rapidly, all of which put forward higherrequirements for the ability of money laundering risk management of financialinstitutions.
1. The antimoney laundering data governance work is not carried out, the data quality isnot high, and the workload of repeated supplementary recording is heavy;
2. Themonitoring of suspicious transactions is only limited to the capitaltransactions of a single customer or account, and the penetrating analysis ofmoney laundering groups and the whole chain of money laundering has not beenrealized;
3. Lack ofeffective data analysis tools and heavy workload of manual data summary andanalysis;
4. The moneylaundering risk assessment adopts the offline form filling and summarizingmethod, which is inefficient;
5. There is noperfect process for model management, and the ability of independent modelingis weak;
6. The antimoney laundering related systems are decentralized and lack of informationintegration and sharing.
The aboveproblems seriously affect the quality and efficiency of money laundering riskmanagement of financial institutions, and greatly increase the cost of antimoney laundering.
In combinationwith our understanding of regulatory policies and practical experience in thefinancial market for more than ten years, in order to comply with theregulatory trend of anti money laundering, help financial institutions promotethe "risk-based" anti money laundering management mechanism, andimprove their money laundering risk management ability, our company is about tolaunch RIKING Anti Money Laundering System 3.0 - a new generation of anti moneylaundering risk management and control platform (hereinafter referred to as theplatform). The platform integrates various application function modules of antimoney laundering, which can meet the requirements of comprehensive anti moneylaundering risk management of financial institutions, realize the whole processof money laundering risk management functions of pre customer due diligence,in-process transaction list screening, post transaction monitoring report, riskassessment, supervision and inspection, improve the quality and efficiency ofanti money laundering risk management of financial institutions, and reduce thecost of anti money laundering.
Case basedtransaction management mode, multi customer suspicious transaction monitoring,all-round customer money laundering risk portrait, multi-dimensional visualstatistical analysis of suspicious transactions and other functions bringconvenient and intuitive operation experience for user transaction monitoringbusiness processing.
The powerfullist classification management function supports blacklist retrieval algorithmsfor many scenarios, diversified retrieval methods, and provides a complete listerror rate control solution to meet users' diversified retrieval needs andefficient list processing requirements.
The efficientonline processing approval process, complete risk indicator library andflexible evaluation template configuration help users easily complete customerrisk assessment, product business risk assessment and institutional riskassessment. The customer due diligence function provides support for other antimoney laundering function modules through interaction.
The function ofthe model laboratory realizes the full life cycle management of modelconfiguration, debugging, commissioning, evaluation and exit. The convenientonline model debugging and visual model evaluation and analysis functions helpusers complete model debugging and evaluation. The risk decision engine canestablish multi-dimensional risk control rules through configuration to meetthe risk control requirements of various business scenarios.
The datagovernance module establishes anti money laundering data standards, withcomplete data verification rules, visual data quality management functions anddiversified desensitization processing methods.
Support dataimport from different sources, data format and content editing, and flexiblyconfigure data analysis templates to meet different anti money laundering datastatistical analysis needs.
Strict dataverification function ensures the integrity and accuracy of off-site inspectionreport and other regulatory report data; The complete internal managementreport shows the risk status of risk data exposure through multi-dimensionaland all-round visualization.
Establish aspecial channel for anti money laundering information exchange to meet theconfidentiality requirements for information exchange such as anti moneylaundering document notification, investigation assistance tasks of variousdepartments and reports.
Complete riskmanagement function
Intelligent dataanalysis function
Powerful andflexible customization
Full dimensionalinteraction of module functions
Intuitive visualview
Comprehensivelyimprove user experience
Today, RIKINGhas provided mature and reliable regulatory compliance solutions for hundredsof financial institutions at home and abroad. In the future, RIKING will workfor more partners to jointly promote the digital development of regulatorytechnology and improve the quality of financial services. If you have any needsin anti money laundering business, you can call directly to learn more details.We will provide policy consultation, business exchange, system development,system acceptance test, technical support and other services according to yourneeds. Tel.: 400-921-0806
