RegTech for risk and compliance management
RegTech is the application of Artificial Intelligence techniques for compliance monitoring, and it is a strong competitive advantage for banks, which operate in a complex regulatory scenario where financial crimes monitoring and compliance management are expensive and inefficient.
Big Data Analyitics tools allow greater transparency in financial institutions operations, increasing customer satisfaction.
RegTech allows banks and financial institutions to improve regulatory compliance, risk monitoring and the detection of financial crimes while reducing management costs
What is RegTech
RegTech is the application of Big Data technologies in the banking and financial sector for monitoring, multidimensional analysis and decision support. This approach allows organizations to deeply know and manage compliance processes, and in particular anti-money laundering analysis (AML) and risk management
Manage AML monitoring with Moneying, the Revelis solution for RegTech
Moneying is a suite based on Rialto™ platform that provides advanced analytics functionalities to identify potential financial crimes or risk behavior.
Financial crimes are identified through the verification of circular transfers of money or anomalous behavior
Risk is monitored through dynamic indicators. Moneying provides flexible and customizable risk reduction mechanisms
Moneying uses historical data to predict potential fraudolent situations and to manage alarms