Compliance Analytics Germany compliance forum

Geertjan van Bochove, Manager Business Intelligence EMEA

June 2014

1. Banking areas

that represent

high money

laundering risks

are attracting

increased

regulatory

scrutiny

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The context

2. Correspondent

banking is a

high-risk area –

and is crucial to

business

growth and

operations

3. Key growth

areas must be

prioritised whilst

managing money

laundering risks

in a (cost-)

effective manner

4. Analytics can

help you identify

and assess

potential risk

and respond

more effectively

Introducing

Compliance Analytics

from SWIFT

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Leverage SWIFT traffic data to address risk

We provide…

• Rich, accurate global dataset at

institutional and counterparty level

• Aggregated country data as a context

to your activity

• Packaged reports showing risk

concentration, behavioural anomalies,

and unusual patterns or trends

• Event-driven alerting

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Giving you…

• Better understanding of your evolving business context

• Single source of risk assessment for correspondent banking

• Ability to prioritise activities

• Proof of compliance with policies

• Ability to anticipate emerging trends

• Neutral third-party information management and reporting

Compliance Analytics features & benefits

Through

• Single web portal – zero footprint

• Interactive investigation tool

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• Enterprise risk assessment

• Correspondent risk assessment

• Alignment with risk policies

Risk

Assessment

• Compare anticipatory behaviour against country standards

• Periodic reviews to ensure activity is in line with anticipated risk

• Event driven reviews

• Retrospective reviews

Customer Due

Diligence

• FIU investigations

• Country visits

• Correspondent

reviews

Investigations

and visits

Transaction

monitoring

• Pre-calculated metrics

• Key Performance / Risk Indicators

Metrics and

dashboarding

• Volume reconciliation

• Scenario optimisation

• System tuning

Compliance Analytics will bring value to…

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Compare relative

distribution of

transactions by

value range

Track value range

evolution over time

Spot anomalies in correspondent behaviour

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Track RMA status

evolution over time

•Geographic

distribution of RMAs

Monitor correspondent relationships

•RMA relationships

in high-risk countries

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Monitor hidden payment flows & nested activity Identify countries of origin and destination, and which institutions are involved

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Ongoing

• Proof of concept testing with pilot banks

April 2014

• Open portal to selected pilots

• Launch announcement on April 29

June 2014

• Commercial launch of Compliance Analytics

Compliance Analytics – 2014 – Confidentiality: Public

Proof of concept External access Live access

Timeline Live in June 2014

More info: www.swift.com/complianceanalytics

compliance.analytics@swift.com

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Thank you