Techlogix offers implementation services for Oracle’s Financial Crimes and Compliance Management (FCCM) suite as well Accuity Compliance Link. Techlogix helps customers and key stakeholders get a 360-degree view of financial activities and customer risk and to detect and investigate potential non-compliant behavior.
Financial institutions are reacting to a deluge of rapidly changing regulatory and security requirements with an increasing focus on tax compliance and fraud management. A proactive approach that goes beyond the typical piecemeal or departmental view of compliance towards an enterprise level is needed. We assist banks in anticipating regulatory needs and assist them in defining policies and processes that improve governance.
Our Compliance Offerings
Oracle FCCM based solutions:
- Anti-Money Laundering (AML)
- Know Your Customer (KYC)
- Fraud Management
- Regulatory Reporting including the creation of actionable reporting dashboards
Accuity Compliance Screening solutions:
- Enterprise wide automated ongoing screening of customers against Global Sanctions Lists, Pakistan Enforcement lists, PEPs and Private Lists
- Adhoc Screening of customers and transactions in real-time
- Trade Based Screening, as per the Central Bank’s TBML guidelines
- Configurable workflows, Case management and Audit trail features
Implementation of FCCM at Gulf International Bank, Bahrain
Gulf International Bank (GIB) operates in Saudi Arabia and Bahrain and has a corporate presence in UK and UAE. The Bank wanted to implement a comprehensive solution to address AML, KYC and local regulatory guidelines in each of its four jurisdictions. The Bank acquired the Oracle FCCM platform and engaged Techlogix for a multi-jurisdiction implementation covering 16 AML scenarios.Read More
Rollout of Accuity Compliance Link at Meezan Bank
Meezan Bank Pakistan is the largest Islamic Bank in Pakistan and selected Accuity Compliance Link to comply with Customer and Transaction screening requirements. Techlogix, the exclusive partner of Accuity in the region, implemented the entire set of Compliance Link modules which enabled Meezan Bank to not only perform comprehensive screening against lists like OFAC, EU, PEP and private lists but also enabled them to perform transaction filtering especially pertaining to transactions related to Trade Finance.