A comprehensive end-to-end Financial Crimes platform

An innovatice AML software suite designed to deliver compliance, efficiency, and uniformity for AML/BSA programs.

riskCanvas

Within financial institutions, conducting anti-money laundering (AML) and due diligence investigations require heavy human analyst intervention. riskCanvas is an evolution in AML technology built with cutting edge big data technologies which delivers a seamless, high-performance, and robust solution for AML teams. The riskCanvas software suite delivers an end-to-end solution or stand-alone modules to provide comprehensive coverage for an AML programs across thre major components: Risk-scoring, Transaction Monitoring, and Case Management.

  • KYC/Risk Scoring- riskCanvas allows a platform for the automation and collection of KYC/CCD/EDD data using Booz Allen proprietary Entitiy Enrich Engine (e3) which used riskCanvas’s patented financial crime risk-scoring algorithm.
  • riskDNA™- riskCanvas scores the enriched data identifying potential risk factors and assigning a risk score which can be used for customer risk categorization.
  • Transaction Monitoring- Leveraging big data and cutting edge data science techniques, riskCanvas™ puts a new set of tools into the hands of AML analytics teams to create more efficient monitoring scenarios and reduce false positive rates. *Case Management - Every detail of the application has been designed to help investigators conduct more thorough and efficient investigations through reports and dashboards which measure productivity and SLA adherence. Additionally, riskCanvas™ automates the filing of regulatory reports.

About

Joe Gillespie
Principal
Scott Walters
Principal
Quinten Hout
Senior Associate
riskTech 100
Award winner
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Features

  • Customer onboarding
  • CDD/EDD automated data collection
  • Advanced Customer risk scoring
  • 100+ “out of the box” transaction monitoring scenarios
  • Custom scenario development
  • Alert triaging and bundling
  • Advanced machine learning monitoring models
  • Robust case management and workflow management features
  • Investigation Toolkit providing single view of customer and transaction data