IMTF RegTech Platform
Adapt faster to changing regulations
Simplify and speed up compliance
Automate Due Diligence, KYC, AML & Anti-Fraud
Monitor your transactions in real-time
Fight Financial Crime with IMTF’s RegTech Platform
Globally, compliance regulations, policies & procedures have become increasingly important to prevent money laundering, fraud, and tax evasion. IMTF’s RegTech platform aims to simplify and speed up compliance and release of regulatory requirements linked to Name Screening, KYC, Enhanced Due Diligence, Client Lifecycle Management (CLM), tax compliance and Transaction Monitoring.
This highly modular platform is the result of convergence of compliance and technology and improves your agility to adapt to changing regulations.
Adaptive Case Manager
IMTF’s Adaptive Case Manager (ACM) automates simple to complex, structured or ad-hoc processes to get work done efﬁciently and effectively. It empowers and guides work intelligently, allowing to assign tasks dynamically to anyone working inside or outside your organization.
Integrated with our RegTech modules, which generate alerts and detect incidents, the ACM is uniquely suited to leverage investigations, solutions and reviews. It provides users with a holistic picture of all available contextual data and documents, manages prioritization and automates investigative and approval workload. IMTF’s case manager interlinks activities, stakeholders, reference data & documents to enrich the incidents. Questionnaires enforce and validate data and document entries (evidence collection). Actions may be assigned to individuals or roles, deadlines are reminded, escalation is risk-based and automated.
ACM reporting proactively provides management oversights and operational reports. “Out-of-the-box” use cases are also available for key processes such as Onboarding (see ICOS/2), Mortgage Origination, underwriting, credit processing, KYC review, and more.
KYC/2: Complete KYC
KYC/2 automates all KYC tasks and processes from account opening to review and off-boarding. The KYC/2 Rule Engine identifies the relevant regulations and determines the required data & documents to comply. It allows you to verify the identity of your clients and to assess their suitability, along with the potential risks of illegal intentions towards the business relationship. The included 3rd party risk intelligence combines outstanding name screening technology (I-match) and and Semantic Background Searches (Find-it). Find-it offers Open Source Intelligence / text analytics for complete, risk-relevant and contextually useful insights on your parties (people, organizations, places, vessels, etc.). I-match and Find-it aggregate multi-language searches against any list (WorldCheck, …) and any open source news & data and ﬁlter documents relating to your intentions for sanctions, PEP, crime, source of wealth and others. It includes outstanding Relationship Extraction and semantic analysis functions. KYC/2 consolidates the results for automated decisions.
With KYC/2 you may implement a rule-driven, risk-based approach to KYC and automate risk-scoring processes throughout the lifetime of your clients. It enables risk-based decisions to support straight-through processing. Thanks to a powerful integration-layer, KYC/2 can easily process input from any other systems to provide a comprehensive, real-time customer risk rating based on all available criteria.
ICOS/2: Onboarding and CLM
ICOS/2 offers a fully digitized Onboarding/CLM experience, enabling Financial Service Providers to innovate and harmonize sales processes. This modular solution allows you to approach customers anywhere with an unrivalled journey, and to increase the efﬁciency of your associated front and back ofﬁce processes. ICOS/2 facilitates identical services in your digital bank as well as in your branch ofﬁces and enables you to offer completely digital account opening from any device.
Automated KYC, AML & Tax Compliance, suitability and cross-border management are completely integrated. IMTF delivers concept, technology and all (regulatory) content with automated updates. ICOS/2 efﬁciently manages all CLM requirements including regular, ad-hoc and event-triggered reviews, data refreshes and ongoing due diligence.
Transaction Sanction Screening
With its new generation business rules and multi-algorithm matching engine to guarantee optimal detection and the lowest possible rate of false positives, this module offers all the features to ensure highly efﬁcient real-time (payment) transactions (e.g., Swift, SEPA, other) screening against sanctions, watchlists and other regulatory risks.
This module is a powerful real-time, cross-channel solution focusing on detecting and preventing fraud in monetary and non-monetary transactions.
SWIFT Fraud Detection & Prevention
This module is designed for a holistic approach as it interfaces with both the Core Banking System and the SWIFT Gateway in real-time. SWIFT and other payment messages are parsed and their content is compared with the transaction registered in the Core Banking System.
AML Transaction Monitoring
To detect potential money laundering activities, this module combines a risk-based approach with the most effective analytics such as rule-based data mining, behaviour recognition, and link analysis. It comes with “Out-of-the-box” models and standardized processes to automate and reduce alerts to those with the highest relevance.
The AML Behaviour Monitoring module provides compliance departments with full control over the scoring process and investigations. It is a highly flexible, scalable and quickly adaptable application, suitable for any size of organization and industry (banking, securities, insurance).
Integration Layer & APIs
A smooth integration is key in orchestrating complex interactions between existing systems. Our integration layer brings vendor-specific APIs and file-based interfaces with rule logic and advanced workflow together.
"IMTF's RegTech platform is unique as it allows you to start with any module, and add modules as your financial crime prevention needs to expand. The Adaptive Case Manager thereby ensures integration and ease of use, so that you can meet regulatory requirements, continue your digital transformation, and contribute to your bottom line."
– Gion-Andri Büsser