Our Offerings in Compliance Services for Banks
As a niche provider in the banking and financial services technology space, we understand the regulatory demands enforced on institutions as well as the change in the supervisory outlook from forbearance to adherence. This is an area that demands substantive expertise to be bundled together in terms of domain, regulation, technology process and operations, and forms the core pillar of our regulatory services.
At Maveric, our practice too, therefore, straddles both the technology and operations segments. On the technology side, services offered include:
|Consulting which includes assessment and crafting the road map; this would cover Know Your Customer (KYC), Customer Due Diligence (CDD), Anti-Money Laundering (AML) alerts and transaction monitoring for sanctions, fraud and money laundering and case management.|
|Implementation which includes Greenfield, upgrades, modernization and migration of compliance solutions.|
|Maintenance and Quality Assurance that covers the full life cycle from core systems to regulatory compliance covering data validation, transformation, quality and reporting and also compliance solutions for any updates, fixes and enhancements.|
On the operations front we offer
|Maintenance and Quality Assurance on the operations involving the compliance side that covers KYC, CDD, AML and Case management.|