Monitoring, identifying, assessing, and addressing the risks of internal processes in order to meet regulatory requirements is challenging in today’s business environment. The lack of information and/or the significant cost associated with obtaining the required data adds to the complexity of these tasks.
By utilizing Big Data, the SkinBD solution makes risk identification and review more accretive. Having access to more than 400 sources of public and private information adds to the efficiency of such tasks.
To identify and prevent possible fraud SkinBD increases the efficiency of customer evaluation procedures by accessing multiple components of a company such as transactional volume, financial records, and more.
SkinBD allows organization to keep up with ever changing regulatory requirements with respect to money laundering, concealment of assets, and other financial crimes. In turn, decreasing the probability and impact of inherent risk.
Try SkinBD now for free and gain immediate access to over 400 sources of information. See first-hand how you can add efficiency and agility to your company’s processes.