National Bonds Selects AML Risk Manager from Fiserv to Enable Best Practice Compliance and Growth
National Bonds has licensed the latest version of the award-winning solution including watch-list filtering and risk-based due diligence capabilities. AML Risk Manager will provide the organization end-to-end transaction lifecycle management capabilities ranging from profiling and monitoring through to case management and reporting.
"As a leading investment company, National Bonds is committed to
responsible growth in complete compliance with regulatory requirements,"
said Ramesh MV, Executive Director Risk & Compliance at National Bonds.
"Our investment in AML Risk Manager from
AML Risk Manager leverages powerful analytics and visualization to offer behavioral profiling, the ability to quantify risk mitigation through investigation, and beneficial ownership insight. Furthermore, it offers users unparalleled configurability - putting the compliance team firmly in control of the system and making their work and life easier.
Ramesh MV added, "By implementing the
"Fiserv launched new versions of our financial crime risk management solutions earlier this year as part of a flexible, cost-effective platform that can readily accommodate new strategies, regulations and growth. AML Risk Manager will help National Bonds facilitate a customer centric, enterprise approach to financial crime risk management that is clearly evident to regulators," said
Tim Grace, senior vice president
and general manager, Risk & Compliance Solutions,
In a world that is moving faster than ever before,
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About National Bonds
National Bonds Corporation PJSC is a leading investment company that takes pride in its innovative sharia approach to financial products and services; catering to a substantial and diversified client base of retail customers, high-net-worth individuals, and corporations. National Bonds offers direct wealth accumulation through an all-in-one sharia compliant Mudaraba based saving scheme, the first of its kind in the world. The company's strong belief in the pivotal role of savings in building a stronger economy helped its customers achieve their own financial future objectives through disciplined and regular saving habit. And it's committed to keep shaping brighter financial future for today's and tomorrow's generations.
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