Season 2 - Payments modernization

Sibos 2023: Navigating compliance-as-a-service solutions

In this episode, Radha from Finastra, Peter from Thetaray, and Gideon from Fincom discuss the concept of Compliance as a Service. This service is designed to assist banks, particularly those of medium to small size, in navigating their compliance and risk challenges. This is particularly relevant in the context of real-time payments and Anti-Money Laundering (AML) regulations. They highlight that this service empowers banks to conduct sanction screening and AML monitoring in real time, even with high volumes. By providing a comprehensive solution, Compliance as a Service enables medium sized banks to compete more effectively with larger institutions, thereby leveling the playing field.

Form 9147 (Finastra TV - Enterprise)