Temenos Financial Crime Mitigation
Comprehensive financial crime mitigation solutions for AML, fraud detection, and compliance.
Overview
Temenos Financial Crime Mitigation (FCM) is a product family designed to help banks and financial institutions comply with regulations, detect fraud, and mitigate reputational risks while optimizing costs and improving throughput.
The solution offers industry-leading detection accuracy through sophisticated algorithms, AI, and robotic process automation, reducing false positives and operational overhead. It supports enterprise-wide financial crime mitigation needs including watchlist screening, KYC, AML, and fraud prevention with a risk-based approach.
FCM is flexible and configurable, deployable on-premise, cloud, or SaaS, and integrates with any core banking system. It features workflow management for enhanced productivity and supports gradual adoption and migration with pre-built, customizable models.
Key Features
- + Suspicious activity detection with real-time algorithms and peer comparisons
- + Anti-money laundering with customer monitoring and peer-based risk comparison
- + Watchlist screening with advanced algorithms to reduce false positives
- + Know Your Customer (KYC) enhancements with customizable and dynamic assessments
- + Configurable workflow management for case and alert management
- + Scalable performance with vertical and horizontal scaling options
- + AI-enhanced compliance engine for automated screening and alert evaluation
- + Flexible deployment options including SaaS, cloud, and on-premise