Company Profile Sustainable Fight Against Financial and White-Collar Crime Combining Governance, Risk and Compliance Provides Security. FICO TONBELLER s GRC Approach www.tonbeller.com www.fico.com
Global Partner Network for more than 1,000 customers in over 90 countries Siron Anti-Financial Crime Solutions Suite: A comprehensive solution portfolio to fight financial and white-collar crime
Sustainable Fight Against Financial and White-Collar Crime 3 Our main objective is the sustainable fight against financial and white-collar crime. We help banks, insurance companies, and industrial corporations fulfill their compliance obligations, avoid reputational damages, and live up to their own ethical standards. In close collaboration with field experts, we have continually invested in expanding our solution portfolio to fully cover the manifold aspects of compliance. As market leader, we provide daily evidence of the capability of our software in the most stringently regulated industries and countries. The future will see us continuing our timely response to the dynamic development of statutory requirements by fully implementing these in our solutions. Since integration is critical to success and profitability of compliance systems in a complex world, we rely on a holistic IT approach to combine Governance, Risk & Compliance functions in organizations. That very combination yields maximum effectiveness and efficiency in the fight against financial and white-collar crime. We invite you to take a closer look by reading this brochure or by talking to us. Torsten Mayer Dr. Sebastian Hetzler Vice President Vice President Solution Sales Product Management
Smart compliance solutions connect all relevant fields, be that risk analysis, efficient anti-money laundering, or anti-fraud screening and overviews of key performance indicators. Solution Hosted in a Secure Computing Center In collaboration with the IT service provider of the largest German banking group, FICO Germany (formerly known as TONBELLER) has rolled out a nation-wide solution for anti-money laundering and due-diligence screening of new and existing customers. For more than ten years, approximately 450 credit institutions with over 50 million customers have been using the central computing-center based solution to ward off abuse and to comply with statutory guidelines. It took just a few months to fit the system to the specific requirements of the banking group and to train more than 1,000 users for a smooth launch of the productive system. Today, the software checks about 130 million accounts and an annual volume of 70 billion transactions for money laundering.
Sustainable Fight Against Financial and White-Collar Crime 5 Protection Against Crime and Non-Compliance Be a Pioneer Pioneering has always been our guiding principle for the development of our solutions. Time after time, we have been able to recognize statutory changes early on and address new topics quickly. We resolutely implement national and international compliance guidelines as standard features in our products. State-of-the-art technology generates integrative and lasting solutions at a top price performance ratio. Our Siron Anti-Financial Crime Solutions Suite includes a comprehensive modular portfolio with high functionality, thereby meeting our customers demands for protection against criminal abuse and non-compliance under one roof. Experts for Compliance Systems Worldwide To date, more than 1,000 customers in over 90 countries use our solutions to fight money laundering and corruption, prevent the financing of terrorism and fraud, and make business relations transparent. With our expertise, we not only support banks and insurance companies that have been facing an increasingly complex compliance environment for many years. The issue also becomes more and more relevant to industry corporations. However, corruption and fraud do not only pose a threat to large international corporations, but also reach out for small or medium-sized companies. Our compliance experts help organizations around the world irrespective of the industry they belong to or their size and legal framework. Doing so, we empower our customers to comply with regulations in line with their companies strategy and efficient risk management.
Good reputation needs years to build, yet can be lost within minutes. Hence, corporate governance needs active risk management, which can only be brought about by powerful technology. Statutory Requirements Successfully Implemented in Just Six Months It took FICO Germany just six months to implement a risk-based anti-money laundering solution for a large insurance company with approximately four million customers. International laws oblige insurance companies to create risk analyses and operate adequate systems to identify business relations that might be affected by money laundering. Despite a tight schedule, dispersed structures and heterogeneous systems, FICO Germany managed to introduce an IT solution that meets all statutory requirements. At the same time, anti-money laundering costs have been greatly reduced by eliminating manual or semi-manual processes.
Sustainable Fight Against Financial and White-Collar Crime 7 Network for National and International Customer Requirements Understanding and Satisfying your Needs Specialists and practitioners from the compliance, audit, legal, and IT fields guarantee that our solutions adhere to the highest technological and professional standards. Many of our employees have worked for banks or financial service providers or served as money laundering, fraud or compliance officers. They know what really counts in these fields. Our consultants identify and analyze our customers issues, work out solutions, and convert specifications into products and existing system environments. Cross-locational and cross-country projects represent a special challenge. Local requirements need to be reconciled with the group s central requirements and cultural differences taken into account. Project teams work from different locations and IT infrastructures are heterogeneous. To roll out international projects, we closely collaborate with partners to provide our customers with global project management, local consultancy expertise, and world-wide support services. The specific orientation of our solutions and project methods makes us a reliable, experienced partner for the implementation of compliance systems, even for large international organizations. Global Partner Infrastructure Our customers benefit from an international partner network with local contacts. Together with our partners, we realize projects in all parts of the world. Our partners promote and implement our solutions on their regional markets and provide added-value to our customers. They possess profound knowledge of our products and their field of application. As acknowledged specialists, they support our customers with professional services, secure fast roll-outs, and offer local support. All partners are certified on a regular basis and are required to prove their product, technical and implementation skills to our satisfaction.
8 Sustainable Fight Against Financial and White-Collar Crime Enhance Compliance Efficiency Minimize Risks Enable Governance Options Holistic GRC Approach To date, compliance tasks are usually handled by isolated systems making it difficult to merge information. Risk interdependencies remain unnoticed and may cause substantial damage. The detection of interrelations indicating financial and white-collar crime is severely hampered. We counter the challenges of an increasingly networked world with a holistic Governance, Risk & Compliance approach. Our IT solutions merge the compliance operation islands into a compact and meaningful system. They integrate risk management, monitoring and management systems to increase transparency and efficiency of the compliance process throughout the company....... Added-Value through Integrated IT Systems By gearing the GRC functionality, the compliance strait-jacket is turned into a bulletproof vest. Integrated GRC systems benefit from a further-reaching riskmanagement radar, more effective monitoring, and valuable data for robust governance arrangements.... The holistic GRC approach creates more security, enhances profitability, and reduces costs through less interference and redundancies.
Sustainable Fight Against Financial and White-Collar Crime 9... Governance Compliance and risk strategies tailored to the company s strategy and goals Map of the risk situation and the compliance status Active management of risks and compliance activities Risk Identify, record, monitor, and control risks throughout the company... Weigh risks and derive measures for risk minimization Update the risk analysis... Compliance Disband information silos across various compliance fields (money laundering, fraud, corruption and bribery, etc.) Statistics for continuous risk-management improvement of our GRC framework: Reduced risk of non-compliance, sanctions, and reputational damages Enhanced quality and efficiency by avoiding process redundancies madded-value Improved transparency and security through management and control mechanisms Improved risk-management performance Lowered overall compliance costs Strengthened competitiveness of the company Strengthened role of compliance in corporate governance and risk management
10 Sustainable Fight Against Financial and White-Collar Crime Siron Anti-Financial Crime Solutions Suite: A Comprehensive Solution Portfolio to Fight Financial and White-Collar Crime Genuine Compliance Calls for a Risk-Based Approach Whether banks, insurance companies or industrial corporations are concerned legal regulations oblige organizations to cooperate and to apply due diligence when doing business with their customers, partners, and suppliers. The primary objective is to ensure transparency of business relations and financial transactions through a riskbased approach. A realistic analysis of the risk situation is paramount to efficiently ward off all potential risks. All further compliance measures are derived from this analysis. Modular Software Suite The Siron Anti-Financial Crime Solutions Suite consists of flexible software modules. The building-block design allows variable combination of the products. This enables us to offer tailor-made solutions against money-laundering, fraud, terrorist financing, and to fulfill custom requirements for Governance, Risk and Compliance in the best possible way. Product building blocks may be easily exchanged and further products may be added just as easily. This paves the way to genuine cost efficiency, transparent total cost of ownership and solutions that can grow along with the challenges of our customers.......... l m Integration into existing system landscapes
Sustainable Fight Against Financial and White-Collar Crime 11... Siron solutions consistently follow the risk-based approach and support all phases of the compliance process with integrated solution modules: from specific risk analysis and continual risk classification to monitoring of transactions and behavioral patterns, and central case management with risk and compliance dashboards.... Siron products are highly standardized and parametrizable. They can be combined at will to create custom solutions. Numerous best-practice scenarios from a large number of customer installations have made their way into our standard research products. They guarantee fast roll-out of professional solutions based on the latest compliance knowledge.... Siron technology is robust, interoperable, platform-independent and highly scalable. This facilitates integration of our products into existing system environments and provides seamless interaction with thirdparty applications and databases. The field of application of our products extends from the lean departmental to a cross-organizational and multi-national group solution.
The software must be easy to operate and maintain. For me, that means flexible standardized solutions that integrate with existing structures, processes, systems, and guidelines. Protect Reputation through Group-Wide Business Partner Screening One of the leading global manufacturers of large diesel engines and complete propulsion systems counts on the duediligence solution by FICO Germany when checking the integrity and assessing the risks of its business contacts and partners. Based on our solution, more than 500 group- wide users minimize corruption and reputational damage risks from business relations and comply with statutory requirements. The system automatically runs background research on potential partners, matches persons with sanction lists, ascertains the risk potential of the business relation and compares it with the partners disclosure of their financial conditions. Through software based business partner screening, connection to SAP R/3 and the contract database, compliance risks were minimized, while increasing productivity and accelerating process run-times by more than 50%.
Sustainable Fight Against Financial and White-Collar Crime 13 Excellence as the Norm Certified Security As market leader for anti-financial and white-collar crime solutions, we pursue the highest quality standards. Numerous certificates of our technology partners and audit certificates from independent organizations illustrate the integration capabilities and efficiency of our products. Our Siron product family has been checked according to the strict IDW PS 880 standard by the accounting firm KPMG. To date, we are the only provider on the market that has successfully proven adherence to this auditing standard. Siron customers thus rely on a certificate that guarantees compliance with statutory and functional requirements in every single aspect. IDW PS 880 Best-in-Class Award Our mature and practice-proven Siron solutions have been awarded several best-in-class ratings by leading analysts. Regardless whether anti-money laundering or know your customer was concerned: our solutions were rated best-in-class because of the integrated product approach, the comprehensive functionality and pronounced user-friendliness. We are committed to excellence, today and in the future.
14 Sustainable Fight Against Financial and White-Collar Crime The preceding years have shown that the burden and degree of regulation is increasing and implementation cycles become shorter. This can be seen in all industries and countries and not only challenges the financial industry, but affects more and more companies of the traditional sector. Reputational risks are growing through global value-added chains and modern media. At the same time, criminals continue to be creative by constantly concocting new ways to obtain money by illegal practices. We continually develop and improve our products and add new modules to our solutions to be ready for tomorrow s market demands as early as today. We always give our best to meet the high expectations of our customers. We are convinced that the only way to be sustainably successful is by creating lasting added-value for our customers through our solutions and expertise. Come talk to us!
Finanz- und Wirtschaftskriminalität nachhaltig bekämpfen 14
V 08-2015 2017 Fair Isaac Germany GmbH. All rights reserved. Fair Isaac Germany GmbH Zeppelinstr. 2-4 64625 Bensheim Germany Phone: +49 6251 7000-0 info-tonbeller@fico.com www.tonbeller.com www.fico.com