Many firms struggle to meet compliance obligations, hindered by legacy IT systems. Some firms store data across multiple platforms, and in hard copy, making timely extraction and analysis of data near impossible. This results in an ever increasing compliance head count to try to manage these inefficient data handling processes and, ultimately, an inability to react quickly to shifts in the risk environment.
PanOptic seamlessly integrates the collection and analysis of risk data from all underlying systems, producing best-in-world live MI, and a typical 95% data mining time saving compared with existing manual processes.
A central engine to drive customer risk decisions
Automation of KYC and AML
Aggregate key risk information
Razor-sharp Board and ExCo reporting
API for live customer onboarding
Real-time alerting workflow