Whether it’s deposit mobilisation or reaching out to delinquent customers to recover overdue payments, this mobile app-based solution allows organisations to effectively manage on-field collections by agents or relationship managers. The app allows central visibility of physical money, eliminating the possibility of fraud and reducing auditing efforts.
In today’s complex business and tech ecosystem, organizations often struggle with a plethora of disparate processes across various operating units and departments. Adding to this complexity is the way in which data and processes are distributed across various technology systems and sources.
Huge challenges can arise when these processes are required to communicate and collaborate with each other to produce intelligent dashboards and reports. Many large organisations attempt to manually consolidate this data, which can take huge amounts of time and often involves a large margin of error. Reconciliation is a classic example that both large financial institutions and small accounting departments struggle with.
The BPA platform is a nimble, zero-code tool that can help save you time and money in automating and integrating your business processes.
The KYC solution is a fully digital, 100% configurable next-generation solution equipped to handle customer lifecycle processes across all client segments and geographies.
Through several industry-first features, it meet governance, assurance and reporting needs involving new client on-boarding as well as periodic or event-triggered reviews.
It delivers cost savings of over 50% in running the customer due-diligence processes, and multiple process efficiency benefits in management of the client lifecycle.
It cuts across all stages in the customer lifecycle process
Single click generation of data and document requirements
Auto-build visually intuitive ownership tree
Risk based due diligence Assess Product, Business, PEP, Sanctions, Adverse Media risks
Verification Check Capture and track docs for Client & Connected parties
Auto risk assessment Overrides; Approval workflows
Version controlled Fully compliant KYC profiles; Audit Ready
A fully digitised auditing solution which integrates intelligent reports, robust scoring, configurable workflows and real-time updates, user management, checklist creation and dashboard and issue tracking to conglomerate the entire 360-degree auditing process into one simple tool.
For internal audit and quality assurance functions, Audit360 offers easy rollout of checklist-based audits/verifications. Central teams can quickly define checklists, assign them to the relevant field verification/audit agents and get real-time visibility on audit results.
Quick report generation, verification by auditees and an ability to track any issues in real-time make this solution indispensable.
Compass Anti Money Laundering (AML) is a comprehensive AML solution that offers banks and other financial institutions a single platform to perform a host of activities including:
The solution helps detect and manage criminal economic activity and promotes integrity and stability within financial institutions. The Solution is able to seamlessly integrate with any source system or third-party system, and other salient features include watchlist screening and maintenance, single-window workflow with detailed case-management workflow, legacy migration, data deduplication, pattern and anomaly detection based on historical data and real-time monitoring.
AML solution also has an extensive rules library where predefined rules can be adjusted and simulated and new rules created. Sumeru has made certain Compass conforms with all requirements set up by regulators across different geographies to ensure compliance.
We do this by performing advanced pattern and behaviour monitoring. Potential risks can be monitored on a product and channel level, and the suite provides a convenient 360-degree customer summary.
Other features include single-window workflow with detailed case-management workflow, automatic/manual creation of alerts, near real time and post transaction monitoring, link tracer, social media/adverse media integration, geotagging and robotic process automations for fraud reporting.
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