Anti-Financial Crime Products
Siron™ KYC (Know Your Customer)
More than simply a screening solution,
It's a single system designed to either capture customer
data at the point of onboarding directly or through web service integration.
The common data can then be used and screened against watch lists, PEPs, Beneficial Owner or Adverse Media in real-time,
which results in the calculation of a customer’s initial AML/CFT risk;
Moreover, Siron™KYC provides batch screening of existing customers plus an ad hoc search
of individual customers at the same time
Siron™ AML (Anti-Money Laundering)
A risk-based software for monitoring suspicious activities and transaction,
as well as for non-transactional events.
It includes rules, basic analytical profiling as well as advanced analytics, based on both supervised and unsupervised machine learning.
Hence, enabling banks to implement the right level of analytical sophistication for their business.
Moreover, Siron™AML and Siron™KYC share the same database, which easily allows the comparison of a
customer’s actual behavior against the initially risk rating
Siron™ RCC (Risk & Compliance Cockpit)
An integrated Management Intelligence tool that automatically aggregates statistical data from source systems to provide an overview of all relevant KPI’s. From hits against individual watch lists to false positive rate, monitoring of rules’ efficiency, to technical system performance.
Siron™ RAS (Risk Assessment System)
A tool designed to provide audit security by giving Compliance Managers the ability to create and update the company-specific risk analysis
Siron™ EMB (Embargo)
The transaction screening software provides real-time filtering capabilities of SWIFT,
SEPA and other payment formats, including user-defined lists of sensitive words, stop words
and a rule engine to not only screen against lists but allow blocking transactions based on a bank’s risk appetite,
e.g. high risk jurisdictions
Siron™ TCR (Tax Compliance & Reporting)
A software specifically built for the Automatic Exchange of Information. From the identification of customer’s tax residency to the document management and reporting to tax authorities. Includes US FATCA and CRS-specific settings to capture the different identification typologies and workflows in a single system and allows the proactive setup of all countries that already have, will or may sign up for CRS to automatically start the process at the right point in time.
Siron™ ACM (Alert & Case Management)
Instead of using the alert and case managers that come integrated with individual source systems, an enterprise Case Manager allows to consolidate alerts from all downstream sources. Siron™ ACM allows case investigations, having a full 360° customer view and automatically linking alerts across AML or Sanctions teams, flexible workflows and an integrated rules engine to automate alert and case management for prioritization, SLA tracking or n-level approval processes.