Best Practice


Best Practices for Sanctions Screening and Watchlist Filtering

12th September 2019

In 2019, Standard Chartered Bank (SCB) was ordered to pay $1.1 billion for conspiring to violate the International Emergency Economic Powers Act (IEEPA) and other international money laundering controls. It included a criminal conspiracy involving some 9,500 transactions worth a quarter of a billion dollars to the benefit of sanctioned Iranian... read more

Consolidated Audit Trail (CAT): The Saga Continues

29th August 2019

Authored by CAT expert and Inforalgo advisor, Harshad Pitkar, this eBook brings readers up to date on the Consolidated Audit Trail and presents a 4-point action plan for Capital Market participants read more

Part 2: How to enhance your implementation of FinCEN's Beneficial Ownership Rule

23rd August 2019

During Part 2 of this webinar, the following topics are covered: Storing, managing, and maintaining beneficial ownership data Opportunities for enhanced transaction monitoring and customer risk assessment from beneficial ownership data Documentation: The key to regulatory compliance read more

Deposits-Customers-Accounts Trifecta: Winning the FDIC Part 370 Data Race

20th August 2019

Company: AxiomSL
AxiomSL shares information, ideas and best practices that enable an organization to be prepared for the FDIC Part 370 reporting kickoff on time. Using the Service Level Expectations process concepts discussed here, CIs can incrementally and continuously improve the quality of deposits-customers-accounts data flowing through the organization. CIs... read more

Return on Data Investment: Thoughts from the Banks of Data Rivers

20th August 2019

Company: AxiomSL
The data-river process concept, the Service Level Expectations (SLE) concept and the five techniques discussed in this paper — The Investment for Conformance, The Investment to be Competitive, The Price of Nonconformance, The Cost to Withstand Audits and The Cost to Manage Change — can enable you to organize, prioritize and justify continuous... read more

Path Solutions: Credit Risk and IFRS 9

19th August 2019

Company: Path Solutions
IFRS 9 is one of the most challenging standards in terms of human expertise, data requirements, and infrastructure needs. To help minimize the challenges faced by banks while transitioning to IFRS 9, Path Solutions has launched its Credit Risk and IFRS 9 solution which provides them with the required tools to implement the multi-step impairment... read more

Managed services: overview of our cloud-based solutions for financial services

9th August 2019

Company: IHS Markit
Find out how we are helping financial firms increase flexibility, boost performance and contain costs by offering many of our software solutions as a managed service. Learn more about our solutions here: read more

Guide | Multilateral Netting | Implementation and Best Practices

7th August 2019

Company: BELLIN
This guide titled: Multilateral Netting Implementation and Best Practices delivers: A step-by-step guide to an ideal multilateral netting implementation workflow Best practices to establishing ideal systems How BELLIN’s tm5 makes the entire process simple and straight-forward read more

Guide | Corporate Payments | How to Establish Optimal Bank Connectivity

7th August 2019

Company: BELLIN
This guide explains the current payment system landscape, connectivity options, and provides an internal connectivity checklist for you to use when reviewing your company’s current landscape. Finally, we explain how to define clear and structured project goals and outcomes. read more