CSI's Financial Crimes solutions provide a comprehensive suite of tools designed to protect organizations from various financial crimes in today's rapidly evolving digital landscape. The platform utilizes advanced technologies, including artificial intelligence and machine learning, to offer dynamic sanctions compliance, fraud detection, anti-money laundering (AML) monitoring, and Know Your Customer (KYC) verification. These solutions are tailored to help organizations mitigate risks, simplify screening processes, and ensure compliance with international watch lists and federal regulations. The platform's key components, WatchDOG® AML and WatchDOG® Fraud, leverage data science to quickly identify suspicious activities, minimize false positives, and proactively intervene to prevent financial losses. By providing a holistic approach to financial crime prevention, CSI's solutions enable organizations to adapt to changing criminal techniques and stay ahead of potential threats. This comprehensive platform is particularly valuable for regulated businesses such as banks, credit unions, and money services businesses, helping them meet various federal regulations and avoid costly penalties associated with non-compliance.

Key Features

Advanced Technology Integration The platform incorporates cutting-edge data science, AI, and machine learning models.

• Enables quick identification of new patterns and trends in financial crimes
• Continuously adapts to evolving criminal techniques

Comprehensive Compliance Management Ensures adherence to various federal regulations and international standards.

• Manages politically exposed persons (PEP) and adverse media screening
• Complies with regulations like USA PATRIOT Act, Gramm-Leach-Bliley Act, and BSA/AML

Holistic Risk Profiling Provides a complete view of customer risk by analyzing vast amounts of data.

• Examines transactions and consumer behaviors
• Enables proactive intervention to prevent losses

Benefits

Enhanced Security and Compliance Protects organizations and customers from financial crimes while ensuring regulatory compliance.

• Mitigates risks associated with sanctions violations and money laundering
• Simplifies compliance processes, reducing the likelihood of penalties

Improved Efficiency and Accuracy Utilizes AI-powered solutions to streamline financial crime detection and prevention.

• Minimizes false positives in AML monitoring
• Increases efficiency in identifying and investigating suspicious cases

Adaptability to Evolving Threats Employs next-generation solutions that continuously learn and adapt.

• Helps organizations stay ahead of new financial crime techniques
• Provides ongoing protection in a rapidly changing financial landscape