EASTNETS - Global provider of Compliance, Payments and Cloud solutions for the Financial Services industry

Meet today’s complex regulatory and payment challenges with EastNets flexible, configurable, and globally recognized anti-money laundering software used today by over 600 financial institutions and corporates worldwide. Real-Time Web-Based Watch List Filtering With EastNets top ranked en.SafeWatch Filtering compliance solution, customers will get the following key benefits: Manage and Control Risk in Real Time Ensure Compliance with AML Laws and Regulations Control Costs with Rapid Deployment and Implementation Reduce Workload and Increase work efficiency with Reduced False Positives Streamline Processes and Improve Operational Efficiencies Transaction Monitoring AML with powerful Analytics and Visualization Capabilities EastNets Transaction Monitoring Solution en.SafeWatch Profiling main features: Automatically detect suspicious activity using rule-based and behavior-based logic. Offers Advanced Visualization: a powerful tool that allows users to display in an interactive graphical r

THE CHALLENGES In today’s complex and challenging financial environment, banks need an effective solution to filter transactions and customers against watch lists. Equally as important is mee­ting the requirements of national and international AML laws and regulations including FATF recommendations, UN resolutions, the EU anti-money laundering directive, and the U.S. Patriot Act. Screenings of sanction lists are thus vital to protect banks against money laundering and to help them comply with regulations. THE SOLUTION en.SafeWatch Filtering is a web-based solution composed of a series of tools targeted to AML detection in real time and batch mode. With a highly-sophisticated matching engine, en.SafeWatch Filtering aims to be the central checking point for an institution’s financial traffic. Having a single detection point helps compliance officers and auditors to have only one interface where alerts from all sources are concentrated. At a very high level, en.

THE CHALLENGES International regulatory pressures to combat money laun­dering and terrorist financing have intensified at an unpre­cedented rate. Due to the nature of financial services, detecting and preventing financial crime is becoming more and more complex. Compliance professionals are thus looking for better and more cost-effective strategies. With a customer-centric focus, EastNets has developed solutions to address these specific challenges. THE SOLUTION en.SafeWatch Profiling® is a rapidly deployable anti-money laundering solution with central data processing, trend analysis and suspicious behavior identification engine that provides a robust, effective and easy-to-use transaction and customer monitoring solution that is configurable and flexible to adapt to new risks and regulations. en.SafeWatch Profiling® is unique in its powerful data analytics and visualization capability, powered by IBM en.

THE CHALLENGES Today, major regulations impose a KYC solution on the Banks (FATF Recommendations, 4th EU Directive on AML/ CTF regulations, USA Patriot Act and other country- specific regulations). KYC standards not only apply to new customers, but also to existing customers. The directive to know whom you are doing business with, and ensuring the lawfulness and compliance of those parties, is more critical and more tightly regulated than ever before. A comprehensive KYC solution can help you streamlining the process of monitoring customers in an efficient and cost effective manner. Moreover, it guarantees compliance with Money Laundering and Terrorist Financing (ML/FT) directives. THE SOLUTION EastNets’ en.SafeWatch KYC helps Financial Institutions identify, verify and monitor their customers. This automated system seizes, organises and stores customer information. It includes a scientific risk scoring methodology that allows the user to assess the risk associated with an account, an