AnalyticSoftLab completed the implementation of the system for automation of financial monitoring and analysis of AML Insighter's clients in PJSC PRAVEX-BANK.
12.09.2014 Category: News
Business object analysis and automation processes
setting up a task to develop software
designing interaction models and object models
database design
design and design of user interfaces
Software testing
technical support and software development
use of ready-made software modules and a component for software development
using the experience and programming interfaces to integrate with banking software and systems
audit and management of software development requirements
Audit and management of the methodology and software development process
audit and management of the budgeting of projects for the development of software products and systems
auditing and consulting the technological maturity of the software development process
The solution from AnalyticSoftLab will allow PRAVEX-BANK to perform complex transaction monitoring, detect suspicious transactions, suspicious behavior of clients during any period of time and conduct a comprehensive analysis of clients, including quarterly analysis of customer activities required by the NBU.
The installed software allows to automate the whole complex of financial monitoring processes, starting from the creation of templates for the selection of financial transactions to be monitored, to the generation of reports for the National Bank. AnalystSoftLab specialists provided integration of the monitoring system with corporate accounting systems. To integrate AML Insighter with the corporate information storehouse of the bank, we use our own software product, which ensures the control of the completeness and integrity of the data from the ODB bank. By implementing the system, the bank's specialists plan to significantly reduce the risk of using the bank's services for money legalization, promptly identify and respond to identified threats, with a significant reduction in the laboriousness of the process of analysis and selection of transactions subject to financial monitoring. Based on the results obtained, customers can automatically be assigned a corresponding risk of involvement in the legalization of cash, an analytical assessment and assignment of risk to the branches of the credit institution and the bank as a whole.The main software products of the company:
- AML Insighter - the bank's financial monitoring and analysis system
- Web-Observer - system of content-monitoring of Internet sites, with the functions of automatic classification of information and delivery.
System for gathering information from open sources of the Internet and classifying documents.
- Investigation Station - system for integrating data from disparate sources with the functions of visualization of related data
Software Development:
- Software development for banks, based on our software products and technologies
