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ighter regulations and improved monitoring in the banking industry have incited money launderers to turn to the securities industry, gaining access to high value transactions and easy to use online trading. As a result, regulators ha ve introduced anti-mo ney laundering (AML) requirements that are specific to the securities industry. Securities firms must now monitor trading activities with solutions designed for securities-specific money laundering scenarios and risk factors. With limited resources, firms are challenged to keep up-to-date with constantly amended, complex AML regulations. ctimize monitors billions of transactions daily for securities firms such as Pershing, Crédit Agricole Asset Management, and BNP Paribas. The Actimize Anti-Money Laundering (AML) solution provide firms with detection capabilities for AML red flags for securities, including manipulative trading, trading in low-priced securities, and more. Built on a common platform, the Actimize AML solution consists of three modules – Suspicious Activity Monitoring, Customer Due Diligence, and Watch List Filtering – each offering rapid deployment and a flexible environment to efficiently address changing AML compli- ance requirements. A n t i - Mone y Laun d er i n g So l ut i on For the Securities Industry Leverage deep domain expertise Actimize’s team of on-staff subject matter experts, with 100+ years of combined experience, include former regulators and compliance officers from leading securities firms. This, combined with insights from client advisory councils of leading financial institutions, ensures that Actimize solutions remain at the forefront of functionality and compli- ance best practices. Improve productivity and reduce costs Generate high-quality alerts and fewer false positives with securities- specific behavior analytics and advanced scoring algorithms, ensuring analysts focus on the highest risk activities. Reduce AML program costs with a flexible data architecture, proven methodology, and user friendly controls that enable faster implementation and provide adaptability. Meet evolving needs for the securities industry With an extensive built-in library of established securities models, Actimize solutions provide out-of-the-box rules with tunable parameters designed to meet the needs of retail and institutional brokerage firms, investment banks, and more. Additionally, firms have the necessary flexibility to create new rules and keep pace with shifting criminal tactics and changing government regulations. Solution Challenge T The addition of [Actimize] AML…solutions will provide our customers with the suite of tools they need to meet [current requirements and new man- dates] and help them to continue growing their businesses with state-of-the-art risk monitoring capabilities. - Claire Santaniello Chief Compliance Officer Pershing Actimize provides comprehensive, modular AML capabilities on a single platform A Increase Efficiency Improve Ale rt Qua lit y Decrease Costs Customer Due Diligence Watch List Filtering Suspicious Activity Monitoring I n t e g r a t e d R i s k S c o r i n g S i n g l e C u s t o m e r V i e w S h a r e d A cti vi t y P r o f i l e
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ighter regulations and improved monitoring in the banking industryhave incited money launderers to turn to the securities industry,gaining access to high value transactions and easy to use online
trading. As a result, regulators have introduced anti-money laundering(AML) requirements that are specific to the securities industry. Securities
firms must now monitor trading activities with solutions designed forsecurities-specific money laundering scenarios and risk factors. Withlimited resources, firms are challenged to keep up-to-date with constantlyamended, complex AML regulations.
ctimize monitors billions of transactions daily for securities firmssuch as Pershing, Crédit Agricole Asset Management, and BNParibas. The Actimize Anti-Money Laundering (AML) solution
provide firms with detection capabilities for AML red flags for securities,including manipulative trading, trading in low-priced securities, andmore. Built on a common platform, the Actimize AML solution consists othree modules – Suspicious Activity Monitoring, Customer Due
Diligence, and Watch List Filtering – each offering rapid deploymentand a flexible environment to efficiently address changing AML compli-ance requirements.
Anti-Money Laundering SolutiFor the Securities Industry
Leverage deep domain expertiseActimize’s team of on-staff subject matter experts, with 100+ years ofcombined experience, include former regulators and complianceofficers from leading securities firms. This, combined with insights fromclient advisory councils of leading financial institutions, ensures thatActimize solutions remain at the forefront of functionality and compli-ance best practices.
Improve productivity and reduce costsGenerate high-quality alerts and fewer false positives with securities-
specific behavior analytics and advanced scoring algorithms, ensuringanalysts focus on the highest risk activities. Reduce AML program costswith a flexible data architecture, proven methodology, and user friendlycontrols that enable faster implementation and provide adaptability.
Meet evolving needs for the securities industryWith an extensive built-in library of established securities models,Actimize solutions provide out-of-the-box rules with tunable parametersdesigned to meet the needs of retail and institutional brokerage firms,investment banks, and more. Additionally, firms have the necessaryflexibility to create new rules and keep pace with shifting criminaltactics and changing government regulations.
Solution
Challenge
TThe addition of [Actimize] AML…solutions will provide ourcustomers with the suite of tools
they need to meet [current
requirements and new man-dates] and help them to continuegrowing their businesses with
state-of-the-art risk monitoringcapabilities.
- Claire SantanielloChief Compliance Officer
Pershing
Actimize provides comprehensive, modularAML capabilities on a single platform
A
IncreaseEfficiency
Improve
Alert Quality
DecreaseCosts
CustomerDue
Diligence
WatchList
Filtering
Suspicious Activity
Monitoring
I n
t e g r a t e d
R i s k
S c o r i n g
S i n g
l e C
u s t o m
e r V
i e w
S h a r e d
A cti vi t y P r o f i
l e
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How It Works
Comprehensive AML coverageThe Actimize AML solutions provide end-to-end complianceand better customer insight, leveraging a flexible data architec-ture, built-in connectors to common back-end systems, and aproven methodology to enable faster deployment and lowertotal cost of ownership. Deployed on a single Actimizeplatform, solutions can be implemented individually or as an
integrated package.
Suspicious Activity MonitoringProven AML activity monitoring across multipletypes of securities firms, products, and services
Customer Due DiligenceComprehensive, risk-based CDD program, includingKnow Your Customer, Enhanced Due Diligence,and full customer life-cycle management
Watch List FilteringComprehensive screening against multiple watchlists to identify and manage sanctioned or highrisk individuals and entities
Centralized risk case managementActimize AML solutions leverage a fully integrated,Web-based case manager interface for ef ficient alertmanagement, automatic reporting and regulatorye-filing, and full audit tracking. With predefinedinvestigation workflows, the solutions ensure investiga-tions are effectively resolved according to standardcompliance protocol.
Comprehensive management oversightDelivering comprehensive reporting and dashboardfunctionality, the solutions allow managers to quicklyassess the overall effectiveness of the AML system andstaff. Compliance off icers can take proactive steps to
quickly identify and resolve issues.
Enterprise wide solutionsActimize solutions are built on a common platform, allowingsecurities firms to achieve a holistic view of enterprise risk. Asa result, securities firms can reduce overall costs of datainfrastructure, deployment, training, and support when deploy-ing additional Actimize solutions such as those for fraudprevention and brokerage compliance.
About NICE Actimize
Web-based case manager dashboard view
Anti-Money Laundering SolutioFor the Securities Industry
New York 212 643 4600 London +44 (0) 20 7255 1065 Tokyo 813 5408 9050
NICE Actimize is the world's largest and broadest provider of a single financial crime, risk and compliance platform for the financial servicesindustry. NICE Actimize empowers its clients to prevent financial crime, mitigate risk, reduce operational costs, minimize losses and improvecompliance. The company provides real-time and cross-channel fraud prevention, anti-money laundering, enterprise investigations, riskmanagement and trading surveillance solutions; built upon the Actimize Core Platform which has been enhanced by the company's acquisitionsof Syfact and Fortent (Searchspace) analytics and technology. With offices across North America, Europe, Asia and the Middle East, NICEActimize serves the majority of the world’s largest financial institutions including all of the top 10 global banks. www.actimize.com
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