Wiz Sentri™ : Risk ID Advanced Intelligence Suite

RiskID Advanced Intelligence Suite (AIS) is a comprehensive batch filtering solution for PEP compliance, high risk customer detection and fraud prevention. Recognising the enormous challenge that organisations face in managing risk in a cost effective environment, Wolters Kluwer Financial Services has partnered with Safe Banking Systems (SBS) to deliver a risk-based strategy that increases the efficiency and effectiveness of large volume sanctions and PEP scanning. RiskID AIS dramatically reduces false positives and identifies the most relevant alerts for investigation.

Flexible options for financial institutions of all sizes

RiskID AIS offers organisations flexible options for a robust risk management program that is designed to withstand the scrutiny of regulators. The solution is scalable to any size organisation that is required to comply with PEP/high risk customer identification regulations.

As a managed solution, it can help your organisation achieve project milestones with low cost of ownership, allowing you to maximise your resources enabling you to focus on more beneficial compliance tasks of investigating alerts and identifying high risk customers.

Larger organisations can the benefit from this “total” solution by installing AIS in-house.

Customer portfolio reviews are also available on an outsource basis. Managed entirely by Wolters Kluwer’s professional services experts, RiskID AIS outsourced portfolio reviews may be contracted as a one time project or a routine audit.

The RiskID AIS solution provides fully automated functionality to:

• Support requirements of EU's Third Money Laundering Directive
• Ensure regulators have sight of your due diligence
• Optimise sanctions list, PEP and anti-crime data for more efficient scanning
• Filter against a subset that meets the organisation’s risk threshold while generating alerts
• Deliver dynamically updated information for more productive research
• Provide advanced link analysis, link monitoring and news monitoring for complete investigation of PEPs and other high risk entities

For more information, call 0800 840 1160 or email UKsales@wolterskluwer.com.