We help organisations comply with regulatory requirements for Anti-money Laundering (AML), Counter Terrorist Financing, Sanctions, Wire Transfer Regulations (WTR2) and Financial Action Task Force recommendations (FATF16).
Stay competitive in an ever-changing landscape
Achieve regulatory requirements
while decreasing complexity and increasing detection
Reduce the cost of compliance
while increasing productivity and efficiency of investigations
Eliminate manual processes
through intelligent, automated detection
Why Bottomline's compliance solution?
It is estimated that financial crime is costing the global economy $3 to 5 trillion dollars per annum but only 1% of illegal gains are frozen or seized by the authorities.
Source: UNODC
What makes us different?
Broad capabilities in fraud and compliance
Bottomline’s expertise and knowledge of the evolving payments landscape
Analyse payment flows i.e. originator, entities of interest, beneficiary, debits, credits and links in customer networks to identify hidden risk
Maintain control and audit of activities, generate customisable reports and monitor user activity
Reduce false positives and alerts through machine learning, white listing and the use of secondary identifiers to reduce time and cost
Customer risk evaluation and risk scoring according to your internal policies and procedures
Short implementation time
Bottomline Technologies is recognised as a trusted partner with our
banking customers
Why Bottomline?
Bottomline’s highly extensible and flexible platform with advanced analytics and intelligent workflow promotes a risk-based review to identify and report events rapidly and efficiently.
Our solutions require high attention to regulatory changes, industry trends and anticipating market needs. Subject matter experts provide templated models available for immediate deployment, maintaining and evolving strong features and libraries of strategies is a
continuing investment.
Suspicious activity reportingdelivery is expedited with greater accuracy and automated form fills to ensure that reporting is complete, correct and timely as an integrated function of workflow and case management.
Reduce false positives, reduce the alert rate and prioritise/concentrate the team on high-risk alerts.
Advanced analytics expands solutions’ visibility to threats, provides deeper insights, resulting in a high quality and low quantity of alert volume. This focuses investigators on a highly prioritised risk-based analysis of the right events and cases.
Automation of strategy with machine learningfor coverage of emerging risks increases efficiency and delivers a more comprehensive view of organisational threats.
