dn:Director Solution areas: Single View of Customer, Sanctions & PEP Screening, Regulatory Compliance, Business Improvement

At a time of great upheaval in the Financial Services sector, dn:Director is helping organisations to improve their customer analysis, client screening and general risk management, regulatory compliance reporting, operational efficiency and marketing effectiveness through fit-for-purpose data and the most accurate compliance screening solution available.

• Improving customer insight through Single View data accuracy
• Ability to tailor products specifically to the needs of existing customers
• More effective client risk exposure analysis through improved granularity of data
• More accurate segmentation and targeting for marketing, with minimised waste through removal of duplications, naming/addressing errors etc.

• Powerful, accurate Customer Screening protection
• Highly accurate solution to protect against the censure and huge financial penalties that can result from trading with proscribed individuals or organisations in line with Counter-Terrorism Funding (CTF) and Anti-Money Laundering (AML) legislation such as the 3rd EU Money Laundering Directive
• Screen against any list: e.g. HM Treasury, OFAC, third party lists (World-Check, Dow Jones Watch List etc), in-house blacklists
• Exceptional accuracy delivers minimal ‘false positives’ (wrongly identified potential matches which need manual investigation) without risking ‘false negatives’ (failure to identify a sanctioned individual)
• Screen in batch mode (e.g. nightly or weekly), or in real-time for fast client on-boarding
• Easily scales from Customer Screening to Enterprise Screening (Customers, Suppliers, Agents, Partners etc)
• Already the Sanctions & Politically Exposed Persons (PEP) Screening solution of choice in Financial Services – scanning over 2 billion customer records per month (approximately 208,000 per working minute). Sample clients include Artemis, Barclaycard, Brewin Dolphin, Countrywide, EBS, Gartmore, Jupiter, Lincoln Financial, Skandia, St. James’s Place, Wesleyan Assurance.

• Improved ease of compliance with legislation and regulation
• Data agnostic, allowing data from any front- or back-office system to be profiled and analysed
• Greater accuracy of customer data allows easier compliance with KYC and Treating Customers Fairly legislation
• Real-time data quality reporting via dn:Dashboard supports effective transparency and compliance monitoring
• Better capital adequacy and liquidity ratio calculations and reporting through improved source data accuracy
• Easier identification of external and internal fraud – identify inconsistencies in core data using easily-configurable business rules

• Increasing the benefits of Business Improvment and migration programmes
• Improve the speed and accuracy of data migrations and consolidations (regardless of source or data layout) resulting from mergers, acquisitions or other changes in ownership, by automated parsing and restructuring of information
• Real-time data quality metrics delivered through dn:Dashboard allow easy monitoring and reporting to the Executive on areas of poor data entry/processing and data degradation
• More effective straight-through processing through better identification of low-risk customer transactions

To discuss your Sanctions & PEP Screening requirements, please contact us on +44 (0)1223 228450. To arrange a Screening Effectiveness Assessment, please follow this link to our Screening Effectivess Assessment Request page.

To assess the fitness-for-purpose of any of your current data with you, Datanomic would be delighted to facilitate a free 90-minute QuickStats Workshop. Using a sample of your data with the dn:Director profiling and auditing processes, this workshop helps assess potential errors, inconsistencies and inaccuracies in data sets and provides suggestions for ways to fix them to ensure your data is fit for purpose. At the end of the session, we will leave you with a detailed Results Book of findings.

To request a QuickStats Workshop for your organisation, please follow this link to our QuickStats Workshop Request form.