Tier 1 bank has committed to regulators to meet KYC remediation deadlines therefore initiated the remediate program to modernize Customer Due Diligence Operations with BlackSwan Technologies.

To reduce manual effort and improved productivity and quality of the KYC process.

Leverages the advantages of big data and Artificial Intelligence. Collect and aggregate KYC data for wholesale banking from various sources such as company registry, chamber of commerce, stock exchange, global data vendors. Streamline AML operations for smart data-gathering. Enrich entities using structured and unstructured data, metadata, OSINT and paid-for sources. Resolve entities across a multitude of systems and be alerted to any inconsistencies. Match attributes belonging to the same entity and group entities based on a state-of-the-art matching algorithm. Deployment in Microsoft Azure.

16 months

Lead and drive engagement with tier 1 international banks being technical, functional and non functional SME and trusted advisor. Plan, execute and oversee aspects of engagement from inception to business as usual with ability to identity risks issues, impacts and recommendation. Collaborated with cross-functional teams such as R&D, Support, DevOps, QA.