CRC- Compliance risk management system
The CRC system is a compromise between the Regulator and your client:
Automated verification process
Full regulatory compliance
The level of service
increases
increases
Reliable clients are not forced to leave
- Cash-out via individuals, executive documents and labor dispute commissions
- Cash-out via radial transits through individual entrepreneurs
- The monitoring system complies with the National Central Bank methodology
- Transit operations via legal entities
- Merchants, payment agents and travel agencies buying and selling cash
- e-wallets and mobile carriers
- VAT evasion
- Schemes involving
CRC is a module constructor we build and adapt for each specific process in the bank infrastructure
The system contains 10 functional blocks
Requests and gathers information about the client and its counterparties from 50+ information sources, government and public databases
(Central Bank, Financial monitoring services, Federal Tax Service, Federal Antimonopoly Service, Federal Migration Service, National Supreme Court of Arbitration, Ministry of Justice, UN Security Council, etc.)
(Central Bank, Financial monitoring services, Federal Tax Service, Federal Antimonopoly Service, Federal Migration Service, National Supreme Court of Arbitration, Ministry of Justice, UN Security Council, etc.)
- Defines the list of information for financial monitoring
- Notifies about data changes
- Keeps and up-to-date client profile
Automated business processes:
Track and control unit:
Track and control unit:
- Request documents from clients
- Send notifications to involved participants
- Block remote banking services
- Set limits on certain typesof operations
- Selects clients for manual processing
- Logs all events of the business process
- Sets, tracks and controls the timing of each stage
Client's card Tools for working with clients Additional applications for Compliance Managers
Client's card
Displays information from any source, adjustable to each bank's specific request
Tools for working with clients
Allow to manage
Write and send messages / document requests / client audit reports
Request information on the client's counterparties from the KYC module
Additional applications for compliance officers
Client's card
Displays information from any source, adjustable to each bank's specific request
- Interactive statement of all the client's Bank accounts
- Statements of counterparties that have accounts with the Bank
- Counterparty transactions with the other clients in the Bank
- Required aggregates
Tools for working with clients
Allow to manage
- remote banking services: blocking / unblocking
- limits for certain types of operations
- white / black lists
- exceptions
- payments amounts
- deadline for submitting documents
Write and send messages / document requests / client audit reports
Request information on the client's counterparties from the KYC module
Additional applications for compliance officers
- Viewing the client queue during verification
- Assigning and reassigning clients to financial monitoring employees
The module integrates with remote and core banking services, checks incoming and outcoming transfer aggregates and performed transactions
- Monetary aggregates are quantitative indicators that include:
- Volumes of cash withdrawal
- Amounts of taxes paid
- Debit and Credit turnover
- Individual Entrepreneur transfer volumes
Provides:
- An interface for writing document requests
- The client's personal account with QnA
- A chat to communicate with clients
- Integration with the Bank's systems to send notifications to clients (messengers, remote banking, mail)
- Video conference call invitations to clients
- Video conference call calendar
Receives and processes account statements sent via remote banking services or other banks to the financial monitoring mailbox in the format of ERP, CRM, SRM, MRP or others.
Automatically analyses account statements in format of ERP, CRM, SRM, MRP or other aggregators based on them.
Automatically analyses account statements in format of ERP, CRM, SRM, MRP or other aggregators based on them.
Contains a record of all automated and manual checks on clients
Keeps the action history of the employee
Stores and displays:
Keeps the action history of the employee
Stores and displays:
- requests, client's documents, notification and correspondence history with clients
- video conferences
- reports on clients
This module integrates with the remote banking service and Document Request module to receive digital fingerprints via cookies, evercookies, Fingerprint JS and our own technology.
It is designed to recognize shell-companies which use the same device to open an account, causing preventive measures to be applied in order to prevent suspicious transactions.
It is designed to recognize shell-companies which use the same device to open an account, causing preventive measures to be applied in order to prevent suspicious transactions.
With this module, you can view existing Rules and statistics, enable and disable the Rules and adjust the indicators that are being changed.
A module for selling to your clients:
Helps to recoup the Banks's expenses on the CRC system
Graphs
The counterparty environment can also be interpreted and analyzed graphically.
Visualization helps to quickly understand whether the client's transactions show signs of participation in suspicious schemes.
- Assesses the risks of an account being blocked based on 17 criteria
- Provides detailed reports on clients
- Provides recommendations to improve performance
Helps to recoup the Banks's expenses on the CRC system
Graphs
The counterparty environment can also be interpreted and analyzed graphically.
Visualization helps to quickly understand whether the client's transactions show signs of participation in suspicious schemes.
