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Connect | Is poor quality data holding back your organisation's ability to enhance its financial crime strategy?
A recent S&P500 report showed that 85% of the value of the world's leading Financial Service organisations is held in data assets - And yet only 35% of global CEO's trust the accuracy of their own data. This edition of Connect explores the implications for that lack of accuracy in data for those looking to use technology to protect their businesses and customers from financial crime.
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Synectics Financial Crime Risk Management Platform
Our Financial Crime & Risk Management platform accelerates your customer boarding process, aligns your financial crime defence with your commercial strategy and reduces the cost of regulatory compliance.
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Intelligence Hub
Managing Data Complexity, Simply
Improve your customer’s digital on-boarding journey with the ability to orchestrate the integration and response of any data to make accurate and timely decisions for a friction-right process.
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Data Marketplace
Identify, Authenticate & Monitor Customers with Confidence
Understand the profile of your customers better with access to our marketplace of public, private, proprietary and open source intelligence sources.
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Turning Information Into Actionable Intelligence
Seamlessly configure and customise your platform with a comprehensive range of advanced plug n' play applications, capabilities and services to suit your specific needs.
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Private Sector
SIRA
Precision
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Case Management
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AppCheck
FraudHub
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Finance Renewals
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Connect | Is poor quality data holding back your organisation's ability to enhance its financial crime strategy?
A recent S&P500 report showed that 85% of the value of the world's leading Financial Service organisations is held in data assets - And yet only 35% of global CEO's trust the accuracy of their own data. This edition of Connect explores the implications for that lack of accuracy in data for those looking to use technology to protect their businesses and customers from financial crime.
Download now
Fraud prevention & ID
Financial Crime / Risk Management
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Detect & prevent fraud from impacting your business
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Application Fraud
IFAs & Brokers
Quote Screening
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Single Persons Discount Screening
Mortality Screening
Effectively mitigate financial crime and compliance breaches
Anti-Money Laundering
Identity & Verification
Compliance
Optimise your financial crime risk strategy.
Financial Crime Assessments
Data Integrity Health Checks
Outsource Data Analysis
Fraud System Optimisation
Fraud System Training
Disaster Recovery
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Connect | Is poor quality data holding back your organisation's ability to enhance its financial crime strategy?
A recent S&P500 report showed that 85% of the value of the world's leading Financial Service organisations is held in data assets - And yet only 35% of global CEO's trust the accuracy of their own data. This edition of Connect explores the implications for that lack of accuracy in data for those looking to use technology to protect their businesses and customers from financial crime.
Download now
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Connect | Is poor quality data holding back your organisation's ability to enhance its financial crime strategy?
A recent S&P500 report showed that 85% of the value of the world's leading Financial Service organisations is held in data assets - And yet only 35% of global CEO's trust the accuracy of their own data. This edition of Connect explores the implications for that lack of accuracy in data for those looking to use technology to protect their businesses and customers from financial crime.
Download now
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Orion
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Quote Screening
Transaction Monitoring
Public Sector
AppCheck
FraudHub
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Finance Renewals
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Fraud prevention & ID
Private Sector
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IFAs & Brokers
Quote Screening
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Public Sector
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Compliance
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Financial Crime Assessments
Data Integrity Health Checks
Outsource Data Analysis
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Banking and Finance

THE TRANSFORMATION OF FINANCIAL SERVICES

With the advent of PSD2 and the UK’s open banking regulations in full effect, the sector is faced with transformational challenges as well as opportunities when it comes to data.

Opening up data via secure application programming interfaces (APIs), aims to shift financial services to open platforms for customers, who can take a modular approach to banking using products from different providers, or ‘banking as a platform’ (BaaP).

And with the fast paced developments in technology, the increasing threat of financial crime and the pressure to ensure customers remain satisfied with the speed and ease of service they receive – the financial services industry is seeing a huge shift the way they conduct business.

ORGANISED FRAUD

Organised fraud rose to 59.58% during 2017.

CUSTOMER EXPECTATIONS

Technology innovations are lifting customer expectations for both convenience and security.

DATA SECURITY

Data security and privacy is one of the biggest concerns for many financial organisations.

Helping you to stay ahead of the evolution

Synectics Solutions has been working with financial providers for over 25 years and has a sector-leading reputation for tackling financial crime such as fraud and money laundering to help organisations reduce losses and protect their business. Additionally we help clients to meet their compliance and regulatory commitments such as Know Your Customer and Know Your Business.

Our solutions are already deployed in over 50 banks and financial services organisations in the UK and throughout the world. We work with our clients to understand their specific challenges and identify or develop the right solutions to address them. Our current capabilities help us tackle existing and emerging challenges our clients face.

Verification

Integrate ID verification, email, mobile device and bank account checks to give you a broad view of the risks associated with an application.
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Fraud and Risk

Providing a suite of analysis and workflow management capabilities to protect businesses from fraud, risk and financial crime via our products SIRA, Precision and Orion.
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Anti-Money Laundering

Combining a breadth of tools and data to ensure a 360 view of data to minimise risk and meet regulatory requirements.
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Compliance

Screening of new and existing customers against a range of comprehensive data sources to help meet your compliance requirements.
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Employee Vetting

Perform thorough pre and post-employment checks to help you reduce the risk of leaving your business exposed to potential harm.
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Debt Management

Integrate over 50 data sources and optimise comprehensive workflows, predictive insights and risk scoring to enhance your debt management and recovery strategy.
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25 years'

Experience

We have over 25 years’ experience of working with Tier 1 banks and leading financial services providers

77 Million

Applications

Each year over 77 million finance and insurance applications are processed through our systems

£5 BILLION

Saved for clients

We have helped save our clients over £5 billion that may have otherwise been lost to financial crime

"The solution allows us to quickly and effectively determine risks associated with applicants, thus ensuring that low risk applications, where no indicators have triggered, are able to progress straight through the customer boarding process. As a result, the customer is able to board with us in a matter of minutes."
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Our thinking in banking and finance

Read a range of articles and reports, all crafted by the experts at Synectics Solutions, where you can uncover the latest insights and trends in your sector, and understand how developing technologies are shaping today’s organisations.

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