FRAML BENEFITS AND CHALLENGES OF A HOLISTIC RISK APPROACH
What does FRAML mean for financial institutions?
As more consumers transact digitally, opportunities to commit fraud and financial crime are multiplying. FRAML, the integration of Fraud & AML teams, operations, and information, has emerged as a trend to combat this wave. FRAML can help both functions achieve their most important goals: detecting and stopping fraud and financial crime.
Read our latest white paper recapping our ETA-hosted webinar, "FRAML: Benefits and Challenges of a Holistic Risk Approach," and learn about key FRAML concepts:
- Regulatory and market pressures to integrate Fraud & AML
- Information silos between Fraud & AML teams
- Degrees of FRAML Integration
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Using AI to detect suspicious financial cctivity
Prepare for what's ahead. Learn more about what FRAML means for your organization.
"This unified framework allows financial institutions to enhance their risk management capabilities, uncover interconnected criminal schemes, and mitigate the potential financial, reputational, and legal risks."
BUILT IN GERMANY WITH DEEP INDUSTRY KNOWLEDGE
EFFECTIVE
AI helps your exports spot anomalies and detect unknown crime patterns
EFFICIENT
70% false positive reduction, your team can focus on priority tasks
EXPLAINABLE
All stakeholders can easily understand and trust out system's results
EASY TO DEPLOY
Built with deployment options that can be customised to your needs.
Further Solutions
Transaction Monitoring
Monitor any transaction for red flags using a comprehensive set of rules in combination with Behavioral Analytics.
Customer Screening
Screen customers against Sanctions, PEP, watchlists, and adverse media during onboarding and thereafter.
Customer Risk Rating
Dynamically score customer risk using internal and external data. Add behavioral analytics for richer context.
Payment Screening
Screen counterparties against Sanctions and Country lists in real-time. Cleanse data and tune name-matching.
