Banking & OtherFinancial Services
Automating Client Onboarding and Monitoring
Simplifying Banking & other Financial Institution Processes
Our Solutions are trusted by many of the biggest Banks at both a Local and International Level, and help Financial Institutions around the world.
Organizations we assist in the Banking sector
Retail Banks
Commercial Banks
Central Banks
Investment Banks
Community Banks
Credit Unions
Why Choose iSPIRAL?
No one can take the overload of regulations which govern Financial Services lightly. At iSPIRAL, we have an in-depth understanding of the complex issues encountered by Financial Services, especially those related to Compliance and Risk Management.
Within the prevalent framework of a business approach which necessitates ongoing risk evaluation, we have developed holistic tools which seamlessly address Risk and Compliance while enhancing the ethical background and framework of compliance under which organisations operate.
Ongoing Screening of clients against recent data
- Establish AML standards based on global best practices and the latest guidance and regulation.
- Screen your clients continuously against the most recent, global data sources and update their profiles accordingly.
- Be instantly notified of alerts on risk rating changes of clients, and enjoy the ability to manage cases accordingly.
- Clearly communicate your risk to stakeholders and regulators while eliminating the need for cumbersome manual reporting.
- Use our APIs to complete the most efficient integration.
Perform Real-Time and Post Transaction Monitoring that minimises False Positives
- Minimise False Positives by tuning the rules and dynamic customer segmentation.
- Real Time suspicious Transaction Detection Capabilities
- Seamless management of Cases/Alerts, and Full Analysis of why the alert has been triggered.
- Analysis of Transactions using Machine-Learning Models to decrease false positives.
- Dynamic Risk Scoring for customers, accounts, and transaction activity.
- Centralised Compliance and Case Repository for all compliance matters.
Increase Accuracy & Minimise Time
- Upgrade your Compliance and AML Operations via new technology and enjoy seamless automation.
- Enjoy a pleasant onboarding experience, because first impressions are vital.
- With the effects of the global financial crisis still evident and the unsettled debt crisis creating uncertainties for local and global economies, it is crucial to understand and manage risks and create sustainable value for shareholders.
From Onboarding, AML and KYC to Risk and Compliance Management, our Solutions are your comprehensive partners to view your firm holistically.
Face your challenges with:
Enterprise Governance, Risk & Compliance
Client Story - Bank of Cyprus
Find out how we helped firms within the banking sector and other financial services.
What our clients think of us
“Software Automation can do wonders for an organisation’s day to day operations. This has been the case with the iSPIRAL Premium AML & KYC Compliance solution which we have introduced in our organisation. A highly intuitive software tool which manages effectively our compliance requests and requirements.”
Kypros Kyprianou, Head of Compliance and Risk Management
HF Markets
