Embedded interpretive intelligence
The Compliance solution from TCS BaNCS is a robust regulatory compliance, risk management and financial crimes detection suite, implementing an intelligent, enterprise-wide, risk-based approach to detecting and reporting suspicious financial activities.
The solution assists financial institutions in aggressively addressing the high-profile problem of money laundering stemming from unlawful activities such as terrorist financing and drug trafficking. Financial institutions use the Compliance suite to safeguard their reputations and retain customer loyalty.
The Compliance solution from TCS BaNCS operates at the customer, transaction and institution level, using watch lists, risk-based profiling, suspicious activity detection and pattern recognition technology to achieve compliance with all relevant regulations. Bank officers will be able to perform know-your-customer due diligence with full confidence that they have the information required for the task.
Furthermore, the solution has been developed to grow with an organization, incorporating increasingly effective methods of detecting money laundering and best practices in regulatory compliance.
The functionally advanced, technically superior incorporating neural networks based learning engine, the Compliance solution from TCS BaNCS equips you with the foundation to achieve regulatory compliance and risk mitigation without compromising on Straight-through-Processing (STP). Institutions may deploy all or part of the total Compliance solution, in an open-ended architecture permitting easy integration with related solutions across multiple platforms.
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