About

Financial Crime Analytics currently provides the following solutions to financial institutions and organisations concerned about their exposure to financial crime, including money laundering, terrorism financing, trade based money laundering, fraud and breaches of sanctions/emargoes:

-KYC Analyser:

If you can't identify if you are dealing with criminals and terrorists, then you are exposing yourself to a wide range of risks including the potential for operational losses, regulatory intervention and fines, reputational damage, imprisonment of key staff and potential loss of operating licences.

KYC Analyser is a comprehensive risk assessment, customer risk profiling and reporting system that utilises entity and financial demographic risk intelligence data sourced from a wide range of leading global and regional sources.

Using KYC Analyser, financial institutions, lawyers, accountants and real estate agents are able to risk assess new, existing or potential customers through a combination of targeted statistical profiling and comprehensive workflow to immediately identify customers that may not have otherwise been identified as posing a higher risk of financial crime.

KYC Analyser also provides a wide library of statistical profiles that are an essential consideration when fine tuning existing risk assessment systems and modeling existing and new parameters/ thresholds in transaction monitoring systems.

-Trade Control Check

"Weapons of mass destruction which may be in the hands of states of concern or terrorists/non state actors constitute one of the greatest security challenges which Europeans may ever face." Council of the European Union, 2008

It would be an understatement to say that the world has never faced a greater risk of criminals, terrorists and rogue states accessing chemical and biological agents to develop 'Weapons of Mass Destruction' (WMD) to threaten global economic, political and social stability.

Governments and law enforcement agencies around the world are increasingly turning their attention to preventing the trade of armaments, chemicals, biological agents, dual use goods and technologies with embargoed destinations, denied persons, sanctioned entities and prohibited end users.

Financial institutions and other organisations are exposed to the significant risks associated with providing products, services and transaction that facilitate the trade of armaments, chemicals, biological agents, dual use goods and technologies with embargoed destinations, denied persons, sanctioned entities, prohibited end users. These risks include operational losses, regulatory intervention and fines, reputational damage, imprisonment of key staff, potential loss of operating licences not to mention facilitating the proliferation of WMD.

Trade Control Check empowers financial institutions to identify when products, services and transactions are being provided to support trade that breaches government and regulatory controls in place for armaments, dual use goods and technologies with embargoed destinations, denied persons, sanctioned entities and prohibited end users.

Using proprietary real time monitoring of information sourced from government and regulatory agencies, reliable intelligence sources as well as our own analysis performed by PhD qualified engineers and analysts, Trade Control Check provides a database of heightened risk destinations, goods and technologies that is an essential risk intelligence source for financial institutions that monitor and filter international payments and trade finance transactions.

-Trade Finance Analyser

"...it is not possible for any one FI(Financial Institution) to devise hard coded rules or scenarios, or any patterning techniques in order to implement a meaningful transaction monitoring system." The Wolfsberg Trade Finance Principles 2008.

Trade Finance Analyser has been designed and developed to meet the demands that financial institutions face when determining and managing their exposure to high risk trade finance transactions.

Trade Finance is a recognised and growing means by which criminals and terrorists are able to move significant amounts of funds throughout the world to further criminal enterprises (including drug trafficking, fraud, people trafficking and tax evasion) and support terrorist causes.

Financial institutions are exposed to the significant risks of trade finance based financial crime, including the potential for regulatory intervention and fines, reputational damage, imprisonment of key staff and potential loss of banking licence.

With Trade Finance Analyser, financial institutions can proactively identify, manage and reduce their exposure to high risk trade finance transactions. Trade Finance Analyser is a comprehensive trade finance risk assessment, transaction profiling and reporting system which is integrated with Trade Control Check.