Governance, Risk & Compliance
Know Your Customer whilst Guarding their Privacy
GDPR
Starting May 25th 2018; you must be able to prove compliance with European privacy regulations (AVG/GDPR) at any time. If you are not able to show that you are in control, you risk fines, reputation damage and possibly a loss of your license to operate.
These risks are easily prevented by means of innovative SynerScope technology. Use our platform to find all relevant data, either structured or unstructured and open it up for control, data government and maintainability. This way you are immediately able to become GDPR compliant.
KYC/CDD/AML
All banks are required to perform different kinds of customer investigations for various reasons. Know Your Customer (KYC), Customer Due Diligence (CDD), Periodic Due Diligence (PDD) and Anti Money Laundering (AML) are just some of the typical, and to a large extend manual processes.
To keep costs in check SynerScope delivers a better triage that reduces the number of files to be inspected. This will significantly lower the cycle time of the individual client files from 4 hours to 20 minutes per file.
Regulators are starting to focus on bringing substantially more customers under review, driving the need for improving economics with SynerScope.
For a CDD review, multiple sources of reliable and recent information are needed and investigators are asked to review it for particular areas of risk.
Want to know more? Check our Use Cases.
OUR PRODUCTS
Where others focus on building the data-lake, we focus on getting the data-lake to value, by getting unstructured data in front of people in as many facets of your organization as possible.
We see variety as the primary challenge in dealing with unstructured Big Data: Our world does not revolve around just numbers: It’s geo, text, network, sensors, images, social, and much more.
OUR SERVICES
A well-tuned appliance will serve customers better than having to build their own stack of solutions.
We offer software consultancy services for identifying abnormal link patterns developed over time within transactional data.
We offer software training for identifying abnormal link patterns developed over time within transactional data.