An Innovative, Regulator-compliant Approach to Customer Risk Scoring

Dynamically understand your compliance risk across all your systems with FinScan Defend.

A Complete Picture of Your Customer Risk

Organizations face the challenge of accurately assessing customer risk profiles. Current models rely on static data collected at account opening, resulting in inaccurate risk ratings. This leads to unnecessary reviews, increased costs, and diluted anti-money laundering (AML) results. Moreover, manual calibration of these models takes an enormous effort yet provides only periodic snapshots of customer profiles, exacerbating the problem.

FinScan Defend improves your confidence in customer risk assessment and saves review time by providing a unified view of compliance risk that dynamically calculates risk levels based on various factors such as customer information, products, channels, geographic location(s), entity ownership, the nature of business relationships, and activity feeds from different systems. It also shows indications of potential external high-risk confirmed and in-progress matches from sanctions, politically exposed persons (PEPs), or adverse media sources.

Expand Your Risk Insights with a Fully Configurable Risk Model and Score Calculations

FinScan Defend’s risk model is fully configurable and extensible to take into account any future recommendations from regulators, or internal audit feedback. The solution also provides total flexibility to customize risk scoring rules and weights to align with your organization’s specific risk policies and procedures. The result is actionable insights for compliance teams to fully understand their risk exposures.

Clear results

Gain a clear and complete understanding of your organization’s compliance risk exposure.

Expose hidden risk

Clearly see risk ratings when searching customers and viewing and reviewing cases.

Know where to focus

Assign and prioritize cases for analyst review based on their unified risk scores.

Enterprise collaboration

Report and present high-risk profiles to different departments for appropriate action.

The Best Offense is a Great Defense

With FinScan Defend, you can elevate your customer risk management efforts to new heights, ensuring robust protection while maintaining internal transparency, regulatory compliance, and operational efficiency.

Download the Solution Brief