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SOLUTIONS > ANTI MONEY LAUNDERING

 

Data Quality and Anti Money Laundering

Anti-Money Laundering Monitoring System

Data Quality and Anti Money Laundering

Anti-Money Laundering Monitoring System

Client testimonials

Credito Valtellinese

Interview with Francesco Garbellini
Credito Valtellinese

Information Governance & Data Quality Manager

Francesco Garbellini  participated as a speaker at the Irion Innovation Day
2019 event,  held in Milan at the Cariplo Foundation.

Among the topics addressed: 

Data Quality, Anti Money Laundering

REQUIREMENTS, CHALLENGES & SOLUTION
Needs

Requirements
Automated, continuous, traceable and rebuildable monitoring 

Automation and efficiency 

  Fully automated process, from data acquisition to outcome generation

  Storage and input data consultation: Master Data, Movements (from sector flows), Single Archive

  Automatic reconciliation execution

  Outcome analysis through dedicated monitors

Flexibility and Traceability

  Verification threshold and introduction of new controls definition

   Ledgers and AUI system matching definition rules

  Archivio completo delle operazioni di rettifica (dati e metadati)

  Massima tracciabilità del processo e la sua ricostruibilità nel tempo

Autonomy 

   Filters, key and matching rule modification by the user through a simple and intuitive interface

  Fast reconciliation chain implementation  (Master Data, Current Accounts, Securities, …)

  Building a bridge between Business and IT

Challenges

Challenges
Flexible, performing and automatic system 

Data Integration & Transformation

Fully automated input data acquisition, transformation, integration and filtering

Data Warehousing

Creation of historical archive for consultation

Data Quality

Input flows standard technical checks.

Reconciliation between sectoral flows and AUI, based on matching keys defined through rule editor.

Data Aggregation & Reporting

A series of consultation monitors and reconciliations results analysis, on unwanted registrations

Usability

Filter, keys and matching rules modification by the user through a simple and intuitive interface

Orchestration

Fully automated orchestration via external triggers.

On-demand rerun following the variation of one or more filters

La soluzione

The solution 
Data Quality and Anti Money Laundering with Irion EDM

Capabilities

Some of the features of Irion EDM:

  Metadata Driven Engine, Execution & Datastore

  Human Task Interface

  Rule User Lab

  Automatic Rule Documentation

Results obtained

Quick solution implementation  (project lasted about 6 months)

  Result repository storage of tasks and calculation logics

  Archive consultiong through user interface

Reconciliation rule management and modification through a simple and intuitive user interface

  A series of monitors for users to perform even complex analyzes on reconciliation results

  Cost reduction of inevitable recycling and tuning of checks during excecution

 

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