iCompliance

One tool

The tool eliminates the need for email-based work and paper documentation by introducing a unified process management system. It enables a consistent workflow and centralizes documents in one place, significantly reducing processing time and increasing operational efficiency.

Thanks to automation and easy access to information, operational teams are relieved, and the organization can respond more quickly to changing needs. Additionally, storing data in a structured manner facilitates audits and ensures full compliance with regulatory requirements.

You will gain comprehensive information

iCompliance provides quick access to open tasks and cases assigned by other departments, improving collaboration and accelerating process execution. Users receive notifications about upcoming activities, allowing them to continuously monitor their responsibilities and avoid delays.

Additionally, the system enables quick access to identification data and key entity attributes, facilitating information management. An overview of events related to a given entity allows for a comprehensive analysis of activity history and more accurate operational decision-making.

You will efficiently search for an entity.

The built-in search engine enables quick and precise entity searches based on all identification data. The autocomplete feature speeds up the process of finding the right information, while the ability to retrieve results based on historical names provides a broader context and facilitates working with archival data.

How does it work in practice?

To ensure smooth and efficient processes, the tool allows for the definition of forms containing all necessary information at the submission stage. This eliminates data gaps, enabling cases to be processed immediately without the need for additional inputs. Automatic request categorization ensures that requests are directed straight to the appropriate departments, speeding up processing and minimizing the risk of delays.

The system enables the design of processes that include multi-stage approvals at different levels depending on the importance of the case. Automated verifications, such as checking the presence of entities on banking lists, allow for the preliminary preparation of information and reduce the workload for experts. Additionally, advanced reporting and team workload monitoring enable optimal resource management and streamline daily operations.

System features

The tool enables the recording of events related to Financial Security, including cases of money laundering, terrorist financing, sanctions incidents, and corruption. It also monitors the bank's relationships with entities of interest to state institutions such as GIIF, KNF, the prosecutor's office, and the police. If necessary, it allows for the quick preparation of materials upon request from investigative authorities and effectively prevents relationships with suspicious entities, minimizing reputational and legal risks.

iCompliance provides a unified system for KYC, AML, and sanctions teams, enabling comprehensive management of records for both clients and non-client entities. By integrating with banking systems, verification processes become faster and more consistent, while automatic data quality control eliminates the risk of duplicate records. Additionally, the system assigns relevant attributes that allow for an instant assessment of an entity's status, significantly enhancing operational efficiency.

Advanced full-text search enables searching both identification data and analysis content, improving the efficiency of analytical teams. The system offers reporting features that can be integrated with BI tools such as Tableau, allowing for deeper data analysis and trend identification. Additionally, the ability to import data from other repositories enables building a more complete picture of entities and their history in the context of risk assessment.

Interested? Let's talk!

If you're looking for a tool that will streamline KYC, AML, and sanctions processes in your bank, consolidate customer data management, and ensure full control over operational compliance – you're in the right place.

Fill out the form, and our expert will contact you to present implementation possibilities and answer your questions.