Fight theft and embezzlement of bank or client assets



 

Problem 

Theft executed by an employee (or with his involvement) to the damage of the bank and/or clients of the bank.

This risk covers :

  1. Embezzlement of assets from internal accounts,
  2. Embezzlement of client accounts,
  3. Theft of physical assets, theft of cash and/or securities…

Pain points:

  • Inappropritae systems user access right
  • Inability to detect inconsistent funds movement in client account ou employees unusual behaviour

 


Answers

Mitigation internal approach:

  • Risk management by design
  • Privacy by design
  • Alert / Validation by design

Technologies:

  • Machine Learning
  • Big Data
  • Analytics

 


Solutions

BLECKWEN

« 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.

 

GALVANIZE

« 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

 

Want to know more? Contact us: finlab@aurexia.com