AML and Customer Due Diligence

Our Compliance and Customer Due Diligence solutions (SironAML-Suite from Tonbeller) help to fully comply with intensified regulations and to deploy a truly risk based approach to customer risk management:

• SironAML is a proven solution for the detection of Money Laundering activities. It combines powerful analytics such as rule based data mining, behavior recognition and link analysis to reduce alerts to those with the highest relevance. SironAML gives Compliance complete control over the scoring process and includes case management and investigations. It is a highly flexible, scalable and extensible application, suitable for any size of organization. Packaged offerings exist for all types of industries (banking, insurance, securities).  more

• SironProfile is an optional module to SironAML for Clients Risk Rating and Dynamic Client Segmentation. It allows you to automatically classify your customers by applying sophisticated methods using static, dynamic and statistical data. SironProfile allows a risk-based approach for (risk) classification and for carrying out differentiated monitoring. more

• SironEmbargo is the “sanction filtering” module enabling the online screening  of your SWIFT, SEPA and other payments against multiple watchlists OFAC, BoE, UN, etc) ensuring that individuals, groups and organizations on whom sanctions have been imposed can no longer access to financial services, resources or instruments.  more

• SironKYC (including SironPEP) carries out all necessary checks from client on-boarding to ongoing Due Diligence for risk rating and surveillance of  high risk clients such as PEPs. It automates the Due Diligence process and ongoing risk-based rating and includes sanctions-/watch lists scans as well as integrated (ongoing) PEP screening. more

• SironFATCA is the solution for tax regulations compliance, addressing the immediate FATCA requirements as well as additional bilateral and international tax compliance regulations. This module is offering the identification of existing and new customers, document tracking, escalation management, case management and reporting to the U.S. and national tax authorities. It is building on the SironAML-Suite platform and taking advantage of the existing integration with your Core and CRM systems. more
  

 

• SironFD is a batch application to detect the most common employee fraud risks such as data theft and  policy violations.  It is built on the SironAML platform using techniques such as behaviour profiling and transaction analysis based on user defined scenarios.  more

• SironMM is a batch solution to support the market compliance activities of financial service providers to monitor, detect and prevent market manipulation and insider trading. All securities transactions are checked for regulatory infringements of laws and guidelines. Suspicious transactions and clients are detected and marked for investigation.  more

 

• SironRAS is an application for the creation of an institution-specific risk/threat analysis, taking into account the business environment, the products, the processes, etc. The functional definition of threats in SironRAS is built upon the requirements according to the "guideline for generating a threat analysis/risk analysis" provided by some legal authorities in Europe and supports Anti-Money-Laundering officers with the complete and continuous management of a threat analysis.  more

 

• SironRCC (Siron Risk and Compliance Cockpit) provides financial institutions and other organizations with a company-wide, complete overview of the status and the effectiveness of their activities in the fight against financial crime. It consolidates and visualizes all information necessary in one management cockpit, delivering daily updated data of the Compliance and Risk Management activities. It allows the determination of the current status, shows need for action, gives users the possibility to determine specific key performance indicators (KPIs), their controlling and shows the effectiveness of the measures.Sensitive information such as data associated to clients stay on their system of origin, only accumulated information is transferred and then visualized in various pre-defined cockpit templates.more

IMTF Worldwide