Theft executed by an employee (or with his involvement) to the damage of the bank and/or clients of the bank.
This risk covers :
- Embezzlement of assets from internal accounts,
- Embezzlement of client accounts,
- Theft of physical assets, theft of cash and/or securities…
- Inappropritae systems user access right
- Inability to detect inconsistent funds movement in client account ou employees unusual behaviour
Mitigation internal approach:
- Risk management by design
- Privacy by design
- Alert / Validation by design
- Machine Learning
- Big Data
« Detect fraud in with banks for banks »
Bleckwen provides an effective and robust response against financial crime.
Combining advances in the latest AI algorithmic techniques with real-time event streaming technologies and the expertise of our team delivers cutting-edge fraud response capabilities to our clients.
Find more about BLECKWEN here.
« Bringing everyone together in one spot »
Galvanize builds security, risk management, compliance, and audit software.
They’re on a mission to unite these teams in their HighBond platform in order to strengthen individuals and protect organizations.
Find more about Galvanize here.
How Aurexia can help?
PRE-PROJECT: préparation of innovative project
Conduct RFP process on business topics
Validate data to be proceed by the solution (data preparation)
Formalize digital ambitions & business needs
Detect relevant business use-cases for specific technology (RPA..)
- Lead ideation workshops to define pain points and needs
DURING PROJECT: End-to-end project delivery
Ensure global project management with key stakeholders
Design business requirements and adaptive services
Review operating model with new solution and business
Define IT governance with key stakeholders on new solution deployed
- Promote solution with an awareness plan and change management strategy
AFTER PROJECT: Monitoring project success
Ensure change management plan roll-out with users and management
Conduct data visualization project to add reporting capabilities
Promote the project through a dedicated communication plan
Formalize KPI and build project business case
- Identify new project opportunities (same client with other departments