Connect, Learn, Share
Breaking silos within ML/TF investigation community
What are the challenges?
You see what you know.
No holistic risk overview
There is no continuous and holistic ML/TF risk overview available for key stakeholders. This introduces challenge to drive management decisions. A memo or power point only shows the exposure at a point in time.
No lessons learned from other exposures
Regulatory fines are imposed almost every month to one or another Financial Institution. Relevant information from such fines and their exposure on the portfolio is not checked periodically. This makes the FI vulnerable.
Human expertise is not shared
Current investigation capabilities are basic, performed in silos. Human expertise in the ML/TF investigation is disconnected whereas criminals work in an inter-connected network, repeating same offences across FIs.
FI’s have been fined over $2billion in 2020
Having over 50% overlapping issues!
Cloud based SaaS
Alexis is a cloud based solution, taking ML/TF investigations to the next level. We use best in class technology to offer a service which compliments human intelligence.
By publishing investigation best practices and latest innovations across connected clients, Alexis aims to strengthen the investigation community.
Get in control
Alexis helps in tracking exposure to regulatory fines and known exposures on your own portfolio, bringing forward any vulnerabilities you might be exposed in future. Regulators appreciate pro-activeness.
You are in control
Financial Institutions are exposed to risk and vulnerabilities on a continuous basis. This is due to the fact that new clients are onboarded, new products are issued, business is expanded to new geographies etc. All these “new” elements introduce an added baggage to the risk profile. A one off assessment is not enough.
Alexis ensures you are on top of the game and more importantly “in control”. Alexis highlights latest trends, recently released regulatory fines etc. on your portfolio and an ability to continuously monitor the risk progression over time. Our belief is that without comparison any assessment is incomplete and hence different modules of Alexis allow you just that!