What We Do - Financial Crime - Fraud

Anti-money laundering (AML) systems have generated renewed interest recently due to stricter regulation and supervision as well as new technology drivers. With increasing demands from regulators, increased volume of data and continued innovation in detection analytics, the AML technology landscape is altering dramatically.
The Anti-Money Laundering Solutions 2013 report covers the competitive landscape for AML systems and considers a range of solutions and functionalities offered by vendors to help buyers decide which solution best suits their AML requirements.
Peyman Mestchian, Managing Partner, Chartis said:
"With firms under increasing pressure to do more to tackle money laundering they need increased capabilities to improve their detection rates. Detica NetReveal has ranked very highly for completeness of offering which relates to depth and breadth of functionality, data management and technology infrastructure, risk analytics and reporting. The NetReveal solution is notable for its advanced functionalities and proven track record in the AML space."
Detica NetReveal is an end-to-end risk, fraud and compliance solution with an international capability suited to global and group-wide deployment for financial institutions and governments worldwide. It uses statistical and analytical techniques to identify patterns of unusual and suspicious behaviours hidden within a company's data. The solution additionally enables organisations to integrate AML programs such as Watch List Management, specialised transaction monitoring, Sanctions and PEP (politically exposed persons) screening.
Chris Green, Managing Director NetReveal, BAE Systems Detica, commented:

"With regulatory and public scrutiny of financial institutions at an all time high and reputations more vulnerable and difficult to repair, organisations are increasingly reliant on sophisticated technology solutions as they strive to balance financial crime prevention with enhanced customer experience. The award winning NetReveal suite of solutions helps our clients across the globe comply with regulation, protect their reputation, deliver excellent customer service and protect the bottom line by keeping criminals out of the door."
Note to editor:
1 The report uses Chartis's RiskTech ™ to explain the structure of the market. The RiskTech Quadrant1™ uses a comprehensive methodology of in-depth independent research and a clear scoring system to explain which technology solutions meet an organisation's needs. The RiskTech Quadrant1™ does not simply describe one technology solution as the best AML solution; it has a sophisticated ranking methodology to explain which solutions would be best for specific buyers.
About Detica NetReveal
Detica NetReveal is a leading provider of risk, fraud and compliance solutions to a wide range of financial services and government clients across the globe. The NetReveal suite of solutions combines predictive analytics with advanced social network analysis to identify suspicious behaviours more accurately than other solutions.
The power of our approach lies in the combination of specialist industry expertise with proven technology. We provide our clients with intelligence to more accurately assess the risk of the individual by better understanding the risk associated with the networks in which they operate. With over 130 clients across five continents, including six of the world's current top 10 financial institutions, Detica NetReveal has a proven track record of tackling fraud, improving operational intelligence and reducing financial losses and reputational risk. Detica NetReveal, incorporating Norkom Technologies, is a business division of BAE Systems Detica.
For further information, please visit www.deticanetreveal.com
About BAE Systems Detica
BAE Systems Detica delivers information intelligence solutions to government and commercial customers. We help them collect, exploit and manage data so they can deliver critical business services more effectively and economically. We also develop solutions to strengthen national security and resilience.
We integrate and deliver world-class solutions to our customers' most complex operational problems -- often applying our own unique intellectual property. Our services include cyber security, managing risk and compliance, data analytics, systems integration and managed services, strategy and business change and the development of innovative software and hardware technologies.
Detica is part of BAE Systems, a global defence and security company with over 90,000 employees worldwide. BAE Systems delivers a full range of products and services for air, land and naval forces, as well as advanced electronics, security, information technology solutions and customer support services.
BAE SYSTEMS, DETICA, NETREVEAL are registered trade marks of BAE Systems plc.
About Chartis
Chartis is the leading provider of research and analysis on the global market for risk technology. Its goal is to support enterprises as they drive business performance through better risk management, corporate governance and compliance. Chartis helps clients make informed technology and business decisions by providing in-depth analysis and actionable advice on virtually all aspects of risk technology. See www.chartis-research.com.
RiskTech Quadrant1™ is a registered trademark of Chartis Research Limited.
Chartis Research is authorized and regulated by the Financial Conduct Authority (FCA) for providing investment advice.
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BAE Systems Detica
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Rosemarie Esposito
Articulate Communications Inc.
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