Subject-matter experts, at your service

Accuity’s Professional Services Group offers a collaborative and structured approach to assist you with implementing efficient solutions and optimizing existing processes.

 

Our subject matter experts work with your business and technology personnel to optimize the performance of your current compliance or payment operations to improve efficiency, and reduce risks and costs. Whether you employ Accuity’s best-in-class data and software solutions or utilize a third-party solution, our Professional Services Group can provide the insight, analysis and expertise necessary to improve compliance processes, reduce false positive rates, develop custom solutions and maximize payment straight through processing.

 

Engage with Accuity to improve efficiencies 

Accuity’s Professional Services Group employs world-class data, unmatched subject matter expertise and established processes to develop actionable recommendations, improve efficiencies and deliver results. Accuity can help you:

 

 

With over 120 years of collective experience, Accuity’s Professional Services Group can help your organization save valuable time and money.

Services for compliance with global AML regulations:


False Positive Reduction

Provides a comprehensive review of your AML compliance screening processes and delivers actionable recommendations to reduce the number of false positive matches.

 

Data Cleanse

A service that addresses underlying data issues before screening begins, providing comprehensive review, direct recommendations, and a one-time cleanse of your data files.

 

Screening Alert Report Service

A consolidated bi-weekly report of the latest caution list updates from regulatory agencies around the world with recommended screening rule changes.

 

Transaction Monitoring System Optimisation Assessment

A thorough analysis of your Transaction Monitoring Systems to identify risks, reduce false positives and fine-tune key components for improved quality and efficiency.

 

Mobile Payments Compliance Assessment

A detailed review and gap analysis of your current AML/KYC processes for Mobile Payments, including a report containing specific recommendations and best practices for implementing any necessary procedural enhancements to meet compliance mandates.

Services for improving Payment STP:


Payment Straight Through Processing Analysis

A detailed investigation of your organization’s payment data and processes to identify written, actionable recommendations for improving payment STP rates.

Custom Software and Data Solutions

Offers deployment and customization of software applications as well as configuration and management of Accuity data solutions designed to fit your processes and back end systems.

False Positive Reduction business assessment

Fine-tune your existing caution list screening program to minimize false positives and maximize its efficiency.

Our subject matter experts can review your screening processes and provide a gap analysis which clearly outlines ways to reduce unnecessary false positives.  Implementing the recommended changes will streamline your processes, reduce the number of false matches, and allow you to focus on true matches.

Identifying cost and time saving measures

To identify ways for reducing the time and cost involved in your current false positive review program, Accuity’s Professional Services Group (PSG) will meet with the key operational and compliance employees involved in your screening processes to review:

  • Applications, databases and data sources that generate the information currently being screened.
  • A statistical review of screening matches.
  • An analysis of false positive and technical rules and their impacts on the overall match rates.

After this review and analysis, Accuity will offer written, actionable recommendations to help you deliver a reduction in overall disposition time for account screening and improved back office productivity. As part of the analysis Accuity will provide you with:

  • Documented alternative false positive reduction techniques.
  • False Positive rules.
  • A closeout report and PowerPoint presentation showing Accuity’s analysis and review.
  • Next steps on how Accuity can help implement proposed solutions within your organization.

Working with an established partner

Accuity has been able to provide our clients with significant savings and efficiencies by improving processes and reducing false positives hit rates:

  • A large U.S. Regional Bank saw a reduction of false positives by more than 70% after 150 recommended rules were implemented. 
  • A European Bank saw a reduction of false positives by 55% with the deployment of 75 new rules and implementation of more efficient processes.
  • A Tier 1 Global Investment Bank experienced a reduction in false positives of more than 60% following a two-phase engagement.

Global presence, local performance

Accuity’s Professional Services Group provides services and solutions for clients around the globe by delivering local presence and subject matter expertise. We have recently helped banks and corporates in the following locations:

 

 

 

Complete the form on the right of this page for more information on our False Positive Reduction services.

 

“We highly recommend the training provided by Accuity’s Professional Services Group. We have been using Accuity’s The Global Banking Resource and IBAN Payment Resource tools for several years and are very happy with the data, customer service and overall product performance.  Recently, we engaged with Accuity to provide us additional training in these tools and current industry-wide expertise. Our team was extremely happy with these sessions which were informative and engaging.”

 

Head of Payments

 

             SocGen testimonial

“EastNets is very pleased to recommend Accuity's Professional Services Group, which has a proven track record of helping our clients fine-tune and maximize the efficiency of our en.SafeWatch Filtering solution.”


Managing Director, Europe

 

            

“We engaged Accuity’s Professional Services Group to test screening of several input files, validate proper functioning of our regulatory compliance customer information screening programs and provide formal documentation of our filtering software’s configuration. While on site, Accuity identified an improvement opportunity and, with our permission, reconfigured the database import specifications to optimize screening and review processes. Accuity’s efforts provided us with a confidence that the compliance solutions and procedures we had in place were sound. This was especially reassuring as an examiner audit was quickly approaching. Our audit went smoothly and our examiner found no issues with our customer screening process. Thanks, Accuity!”

 

Information Technology Asst Vice President

 

            

"Accuity’s expertise in optimising and automating sanctions screening in the AML regulatory compliance market has allowed them to develop a configurable, efficient solution for MoneyGram International.  The ongoing partnership and responsiveness have helped us significantly reduce the cost of our compliance operations and improve our customer experience."

 

        Director, Fraud, Compliance and Business Intelligence

            
Please complete the below form for more information:
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