Roadmap

SWIFT Compliance Services

A community issue calling for a community

solution …

Financial crime is top of the

agenda for banks

All geographies / All types

of players impacted

Significant costs

at stake….

... Yet no competitive

advantage for banks

Lots of duplication…

for universal challenges

Financial Crime Compliance Roadmap

Standards

Data repositories

Traffic analysis

Quality assurance

Processing services

Sanctions KYC AML

Sanctions Screening

Live Development Qualification Exploration

Swift Sanction Screening

Copy option Connector option Your institution Your correspondent

1

2

3

Your institution Your correspondent

1 2

3

Limitations

Flexibility

Footprint

Timeframe

Transactions

Screened

Granularity

on what is filtered

Installation &

integration

Time to

compliance

FIN Cat 1, 2, 4, 7

Limited

Zero

Few weeks

All transaction types

Enhanced

Limited

Few Months

Financial Crime Compliance Roadmap

Standards

Data repositories

Traffic analysis

Quality assurance

Processing services

Sanctions KYC AML

Sanctions Testing

(testing / tuning of transaction & client systems)

Sanctions Screening Traffic Restriction (RMA)

Live Development Qualification Exploration

Formats

Settings

Lists

Automate • Repeat • Compare • Monitor

Sanctions Testing process

Define

test objective

Download

test files

Process

test files

Upload

hit results

View

test results

Financial Crime Compliance Roadmap

Standards

Data repositories

Traffic analysis

Quality assurance

Processing services

Sanctions KYC AML

KYC Registry

Compliance Analytics

Sanctions Testing

(testing / tuning of transaction & client systems)

Sanctions Screening Traffic Restriction (RMA)

Live Development Qualification Exploration

The 5 founding principles to the KYC Registry

CDD & EDD data

FATCA

MIFID

95+ data items

30+ Docs

Standardised KYC data set: 5 categories of information:

1. ID of customer,

2. Ownership and management structure,

3. Type of business and client base,

4. Compliance information,

5. Tax Information

Feature-rich platform 1. User-controlled access,

2. Portfolio & task Management,

3. Export, report and audit

Data validation

Transparency and validation

Unique value-added content

Know your customer’s customers

Community-led engagement

Financial Crime Compliance Roadmap

Standards

Data repositories

Traffic analysis

Quality assurance

Processing services

Sanctions KYC AML

Sanctions list

management service

KYC Registry

Compliance Analytics

Sanctions Testing

(testing / tuning of transaction & client systems) AML testing & tuning

FATF 16 information quality

Client/Name screening

Sanctions Screening Traffic Restriction (RMA)

Live Development Qualification Exploration

?

Roadmap

SWIFT Compliance Services

A community issue calling for a community

solution …

Financial crime is top of the

agenda for banks

All geographies / All types

of players impacted

Significant costs

at stake….

... Yet no competitive

advantage for banks

Lots of duplication…

for universal challenges

Financial Crime Compliance Roadmap

Standards

Data repositories

Traffic analysis

Quality assurance

Processing services

Sanctions KYC AML

Sanctions Screening

Live Development Qualification Exploration

Swift Sanction Screening

Copy option Connector option Your institution Your correspondent

1

2

3

Your institution Your correspondent

1 2

3

Limitations

Flexibility

Footprint

Timeframe

Transactions

Screened

Granularity

on what is filtered

Installation &

integration

Time to

compliance

FIN Cat 1, 2, 4, 7

Limited

Zero

Few weeks

All transaction types

Enhanced

Limited

Few Months

Financial Crime Compliance Roadmap

Standards

Data repositories

Traffic analysis

Quality assurance

Processing services

Sanctions KYC AML

Sanctions Testing

(testing / tuning of transaction & client systems)

Sanctions Screening Traffic Restriction (RMA)

Live Development Qualification Exploration

Formats

Settings

Lists

Automate • Repeat • Compare • Monitor

Sanctions Testing process

Define

test objective

Download

test files

Process

test files

Upload

hit results

View

test results

Financial Crime Compliance Roadmap

Standards

Data repositories

Traffic analysis

Quality assurance

Processing services

Sanctions KYC AML

KYC Registry

Compliance Analytics

Sanctions Testing

(testing / tuning of transaction & client systems)

Sanctions Screening Traffic Restriction (RMA)

Live Development Qualification Exploration

The 5 founding principles to the KYC Registry

CDD & EDD data

FATCA

MIFID

95+ data items

30+ Docs

Standardised KYC data set: 5 categories of information:

1. ID of customer,

2. Ownership and management structure,

3. Type of business and client base,

4. Compliance information,

5. Tax Information

Feature-rich platform 1. User-controlled access,

2. Portfolio & task Management,

3. Export, report and audit

Data validation

Transparency and validation

Unique value-added content

Know your customer’s customers

Community-led engagement

Financial Crime Compliance Roadmap

Standards

Data repositories

Traffic analysis

Quality assurance

Processing services

Sanctions KYC AML

Sanctions list

management service

KYC Registry

Compliance Analytics

Sanctions Testing

(testing / tuning of transaction & client systems) AML testing & tuning

FATF 16 information quality

Client/Name screening

Sanctions Screening Traffic Restriction (RMA)

Live Development Qualification Exploration

?