MONETA Money Bank Enhances Compliance with LexisNexis Bridger Insight XG
公司规模
Large Corporate
地区
- Europe
国家
- Czech Republic
产品
- LexisNexis Bridger Insight XG
- LexisNexis WorldCompliance Data
技术栈
- SWIFT
实施规模
- Enterprise-wide Deployment
影响指标
- Customer Satisfaction
- Digital Expertise
技术
- 应用基础设施与中间件 - 数据交换与集成
- 应用基础设施与中间件 - 数据库管理和存储
适用行业
- 金融与保险
适用功能
- 商业运营
- 质量保证
用例
- 监管合规监控
服务
- 系统集成
- 培训
关于客户
MONETA Money Bank is a leading Czech bank specializing in consumer finance, with over 200 branches and more than 3,100 employees. The bank has a growing presence in SME lending and also finances cars, machinery, and other equipment. MONETA is committed to providing high-quality financial services and maintaining compliance with regulatory requirements. The bank has been leveraging advanced technology solutions to enhance its operations and ensure robust compliance measures.
挑战
MONETA Money Bank has been using LexisNexis Bridger Insight XG for sanctions screening since 2012. In 2016, following a separation from its previous parent company, MONETA began using the Bridger Insight Enterprise version and LexisNexis WorldCompliance Data. The main challenge was to achieve a favorable price/performance ratio while safely relocating the existing solution into local infrastructure. The initial use of WorldCompliance Data led to a significant surge in alerts (around 16K), which needed to be cleared. Additionally, there was an increase in daily portfolio screening and SWIFT screening. After clearing the alert surge and retuning the tool, there was a 10% increase in customer onboarding and SWIFT payments screening, with new matches in PEP batch screening due to the change of data source.
解决方案
MONETA Money Bank implemented LexisNexis Bridger Insight XG with WorldCompliance Data to enhance its compliance processes. The key value of Bridger Insight XG lies in its full integration with the bank's systems, allowing automated screening of prospective customers, related parties, and payments. The tool's automated update process for sanction and PEP lists adds significant value. Bridger Insight XG is interconnected with the local Customer Risk Rating engine, ensuring initial and ongoing customer AML/CTF risk categorization and due diligence. The tool also features a robust case management system with an audit trail, satisfying regulatory requirements and enabling efficient record-keeping of past closed alerts rationales.
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