Risk is a central ingredient of the business of banking. In the process of providing financial services, and payments in particular, banks assume various kinds of risk, which need to be identified, managed, controlled, and, where appropriate, mitigated by a combination of pricing and product design.
New regulations are now being imposed across the financial community in the wake of the financial crisis. One of the most important is the need for banks to manage their liquidity more proactively, both at the central bank and for intraday liquidity at their customers. At the same time, financial institutions face ever-increasing challenges around fraud.
ACI Money Transfer System complements a financial institution’s risk protection strategy by providing a systems solution which encompasses and addresses business critical areas of operation. Within ACI Money Transfer System, extensive tools are provided that enable the bank to maximise its utilisation of available liquidity with minimal manual input. The real-time reporting and forecasting features of Money Transfer System allow intra-day positions to be monitored and positions forecast.
More benefitsContact us about this solution
Although traditionally one of the more secure environments within a financial institution’s operations, wire transfers pose perhaps the single greatest risk of loss to a financial institution. Integrating ACI Proactive Risk Manager with Money Transfer System provides a fraud detection system that analyzes wire transfer transactions in real time and near-real time, so financial institutions can augment current processes and resources to screen for high-risk activity and take action – often before the money leaves the bank.
More benefitsContact us about this solution
Unprecedented insight into ACI Money Transfer System ensuring maximum uptime of your system while maximizing the efficiency of your operations:
- Detailed operational insight into transactions processing, queue monitoring, exception monitoring, and lines availability
- Enhanced real-time monitoring of MTS-specific infrastructure and databases (Entia)
- Increased operational performance through alerting on approaching deadlines and cut-offs
- Highly graphical transaction-specific dashboards with multi-channel alerting and notifications processes
More benefitsContact us about this solution