Product Profile

Fiserv Financial Crime Risk Management

Fiserv

First Release Date: 18.01.2016

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Language Support:

United Kingdom

Technology Category: Security & Compliance Anti-money laundering (AML) Compliance/Monitoring Regulatory Compliance

Screenshots

Product/Service Description

Financial Crime Risk Management platform from Fiserv allows financial institutions to minimize the cost and risk in their FATCA regulatory compliance. With Fiserv AML solution companies can find, review, decision, document and report customers who meet certain criteria.

Customer Overview

Total Number of customers undisclosed

Customer Size Large Enterprise , Medium , SMB

Customer Type Central Banks , Commercial Banks , Institutional Investors , Investment Banks

Target Market Asia , Australia/New Zealand , Europe , Global , North America , South America

Specific georgaphical coverage United States of America

Pricing Model undisclosed

Demo & Case Study Urls

Features

The solution enables to determine U.S. taxpayer status and FATCA status through a structured workflow
Option to capture data fields, statuses and documentation in customer-centric FATCA case files.
Streamlined monitoring and reporting process.

Benefits

A centralized solution for compliance that includes tax evasion, money laundering, terrorist financing, sanctions, corruption and fraud.
The ability to leverage a single investment in customer, product and transaction data for detection, investigation and resolution of specific entities and activities as required for different regulations.

Platform & Workflow

Server OS Windows Server

Workstation OS Windows

Programming Language and API undisclosed

SetUp and Installation Options undisclosed

Deployment Period undisclosed

Reporting Capabilities Availability of specific fields, screens and workflows for a streamlined, consistent, auditable process including the ability to capture (or produce) FATCA-specific documentation. preparation of reports for the IRS as soon as the required reporting forma

Security Options Access control function for investigation within FATCA and other regulations with sharing and segregation option based on institution’s organization and policy.

The product/service compliant with the following regulatory standards FATCA , IFRS