RegTech is technology that is designed to help financial entities comply with regulatory requirements set by Regulatory bodies.
The pandemic has accelerated rapid adoption of online payments and wallet technologies. Banks and Financial institutions have fast-tracked their adoption of the Fintech ecosystem while the Financial / e-comm marketplace is still maturing in terms of corporate governance and regulatory requirements. Financial Institutions need to enhance/update their system with latest Know Your Customer (KYC), Transaction Monitoring, Early Warning Signal, Sanction List and Anti Money Laundering technologies built on robust latest technologies which are provide high confidence risk analysis and reporting.
The pandemic has accelerated rapid adoption of online payments and wallet technologies. Banks and Financial institutions have fast-tracked their adoption of the Fintech ecosystem while the Financial / e-comm marketplace is still maturing in terms of corporate governance and regulatory requirements. Financial Institutions need to enhance/update their system with latest Know Your Customer (KYC), Transaction Monitoring, Early Warning Signal, Sanction List and Anti Money Laundering technologies built on robust latest technologies which are provide high confidence risk analysis and reporting.
IDBI Intech has dominant presence in the Financial Services sector with leading digital products in Combating financial crime as our RegTech Offerings:
- Anti-Money Laundering
- Trade Based Money Laundering
- Real-time Transaction Monitoring
- Early Warning Signal
- Fraud Risk Management
- Watchlist database
- Enterprise-Wide Risk Management
These digital solutions have been providing transformative advantage to our clients in the Financial Services Sector for decades. Our RegTech solutions have won awards and accolades and have been recognized across BFSI platforms.
The differentiators of the solution are Enterprise-Wide Single View of Risk & Compliance, Harnessing Advanced Analytics, Workflow, AI & ML, Leveraging Open Source & Cloud, Integrated Solutions across Customer Lifecycle, Comprehensive set of pre-built rules, scenarios from an industry proven financial crime library.
