Name: IAML/ITE - Smart AFC, AML, and Anti-Fraud Revenue Protection
SKU: display-0000059332_live_v1
Availability: InStock

AI-based end-to-end AFC and antifraud risk management, with other applications.

IAML/ITE - Smart AFC, AML, and Anti-Fraud Revenue Protection

byDaric Inc

AI-based end-to-end AFC and antifraud risk management, with other applications.

AI and neural network-based risk and data management, including AML/AFC, cybersecurity event log anomaly detection, and anti-fraud capabilities to extend SAP GRC Risk Management and ETD. Smart automation with cross-industry data capabilities Banking, utilities, corporates, and public sector.

Solution Types

Extensions and Add-ons

Works with

SAP Payment Engine, SAP Business Partner Screening

Benefits and Features

Benefits

Cost reduction

IAML reduces the cost of manual effort, error, and regulatory exposure associated with huge investigative volumes, lengthy enhanced due diligence, false positive alerts, and overlooked risks in a business relationship. It automates alert management and report generation, saving time and money.

Increases revenue

IAML integrates real-time risk management with business operations in SAP for Banking, enabling live risk intelligence to support business decisions and to serve clients better. Business receives real-time data to recommend cross-sell opportunities and strengthen a primary banking relationship.

Improves AML Risk Management

IAML eliminates false negatives and missed alerts while adapting to new scenarios and threats using a predictive, intelligence-driven approach. It reduces regulatory exposure with automated data quality improvement and reduction in human error

More Benefits

Automates onboarding and ongoing due diligence

IAML enables smart verifications and network screening for client due diligence. Capabilities include extraction and comprehension on unstructured documents or media. Onboarding and ongoing due diligence are more efficient through auto-discovery and auto-completion, integrated with real-time data.

Reviews real-time risks, such as adverse media

IAML analyzes real-time data sources for investigative and risk intelligence. The solution extracts and processes textual data from media to assess relevance. IAML enables the bank to assess a business relationship instantly by generating an auto-disposition.

Improves payment and transactional screening

IAML improves counterparty and client resolution to understand ML and fraud risks associated with a payment instantly Real-time analysis of invoices, vessels, goods, and other Transaction Banking components is supported. IAML also enables instant risk profiling of correspondent banking transactions.

Automates and optimizes alert management

IAML auto-dispositions alerts from rules-based systems to reduce the false positives associated with transactional surveillance. The solution creates alerts that identify new or evolving risk patterns. IAML also automates alert management with automated report generation.

Plans and Pricing

All Plans include

IAML Transactional Surveillance and Alert Management

Global Banking 10.1

USD

415,000

.00

Per Year

Global Banking 10.1

Latest production version of the transaction surveillance module with standard enterprise support package

Includes 100 User

Technical Information

The information contained in this section is provided by the publisher.

Solution Types

Works with

General

Deployment

Operations

Security

Compliance

Globalization