Financial Crimes and Compliance Solutions
Reduce false positives by improving data quality through entity resolution
The Business Value of Entity Resolution
Entity Resolution helps financial institutions create a unified record for individuals and other entities by combining data and information from multiple sources and resolving the different spellings, text styles, photos, and addresses.
When implemented across the various FCC functions, Entity Resolution can yield up to $1.24million per 1 million accounts per year in higher FCC staff productivity according to a recent IDC study. To understand the broad quantitative benefit entity resolution can provide to your AML processes, download the full report.
IDC Entity Resolution Solutions for Financial Crimes and Compliance
See customers and transactions as they really are.
Detect, identify and visualize complex, obscure relationships utilizing advanced entity resolution capabilities.
Gain a complete view of customers. Consolidate and prioritize alerts to make investigators more efficient.
Streamline and automate case work, enabling more rules in your transaction monitoring system.
Respond quickly to new regulations and achieve more with your existing platforms, systems and processes.
Case StudiesLarge regional U.S. bank improves customer profiling to fight financial crimes. Solving serious data-quality problems is key to AML compliance for global bank. U.S.-based retail bank minimizes AML compliance risks while improving investigator efficiency. Global financial services firm boosts AML compliance with more flexible transaction monitoring.