| The careful but efficient and consequent handling of compliance and risk management is a big challenge for financial service providers concerning not only external legal regulations and internal organization but also the underlying technology. ilogs faces the challenge and delivers ils/compliance, an affordable and simple-to-deploy solution, which benefits from 4 years of experience at UBS AG and other banks. | | The Art of Compliance | | 
ils/compliance
With ils/compliance ilogs offers an affordable system for namechecking and automation of unusual and suspicios cases.
Integrated solutions
ils/compliance is interoperable with numerous transaction /account Monitoring engines (like searchspace), facilitates graphic and process-oriented processing of compliance cases and integrates products of LAS Inc, a US company with one of the best Name Search functions worldwide.
Analyse unusual transactions grafically
| | Name Checking Features / Support for: | | Character-based Variations
Name-data frequently contain charac-ter-based errors such as typos, trun-cation, and more. The module recognizes and matches cases like:
. Dr. Johan Schmid / Hans Wchmid
. Ursula Von Arnheim / Urs vonArnh
Cultural-based Variations
Different cultures have different rules for how names are written. The Name Ckecking module considers for example:
. Orthography
(Park - Pak/Bahk/Bag)
. Blanks
(Chang Li Xiang - Li Xiang Chang)
. Abbreviations
(Thomas - Thos/Thom/Tho/Tom)
. Civil Status References
(Herrera Lopez - Herrera de Lopez)
Phonetic Variations
Name variations often arise from the phonetic capture of data over the tele-phone. The Name Checking module compensates for names that don't look the same, but may sound the same, for example:
. Layton / Leighton
. Mayer / Meier | | Language Analysis Inc. | 
The market leader in precision name matching and recognition, has worked with the U.S. Intelligence and Border Protection Communities since 1984, developing this dramatically new approach to name matching and searching. This high-performance software, which currently manages mission-critical name matching and searching operations in over 250 worldwide locations, powers the integrated components within this ilogs solution. | | | | | |  Benefits | - Process templates for compliance and AML procedures.
- Quick automation of unusual and suspicious cases
- Audit report on mouse click
- Name Checking against watch lists
- Modular and open design - easy integration of 3rd party
- Most competitive price
- Implementation together with Customer - very low risk!
| | | | | | Key Features | | | Workflow and Document Management
Proven workflow technology for automating any compliance and AML procedure. Including document management and reporting. | | | Compliance Intelligence
Ils/compliance maintains a "Compliance database", a central repository with all of your unusaual and suspicious transactions. | | | Grafical Research Client
Advanced system for analyzing unusual and suspicious cases. Including link analysis between cases. | | | Audit and Reporting
Generates audit reports and reports to Money Laundering Reporting Offices (example MROS in Switzerland) on button down. | | | Name Checking
Using LAS Inc engine, this module cross checks names with the entries in arbitrary lists (Black-, White lists etc.) | | | | | | Name Checking Module | | | | | To separate the wheat from the chaff
The largest challenge is to ensure reliable results. Enhanced recall, combined with increased precision result in reduced false positives. Reducing your false positives will save time, effort, and costs within your organization. Ilogs offers a solution that guarantees highest efficiency levels to ensure maximum reliability. At the same time you reduce costs of ownership with an elegant list management system. | | | The name matching line has two main components: - List Manager, a cockpit that controls the whole 'vehicle', the complete list administration and interfaces to external information suppliers.
- Source/Phonetic Checker, the engine - the more engines you have, the faster you reach far remote goals. They work extremely efficiently and economically - fast response times with minimum system load.
| | | Characteristics for highest Precision
ils/compliance Name Checking module brings you the best technology available for high-precision watch list management, including:
- Multi-cultural coverage for name types from over 200 countries
Name systems of multiple cultures differ substantially: Sequence of the name parts, abbreviations, nicknames, titles and more are all handled with this system.
- Automatic Consideration of linguistic Rules
More than 750'000'000 (!) accumulated names form the best basis for the alphabetical or phonetic alignment.
- Compensation for Noise (typos, truncation, etc.)
In addition to cultural characteristics write errors or different notations represent another hurdle.
- Identification of Pet Names and Short Forms
This concerns differently written names that, however, mean the same e.g. Betty-Elizabeth.
- Ranked, scored Results
Improving precision, and reducing false positives, all results are delivered with scores indicating match proximity.
- Flexible Tuning available
This system can be closely tuned to match the characteristics specific to your data formats.
- User Support
Names of a strange culture irritate fast. This system helps you everywhere and actively supports you at work.
- Seamless Integration into ils/compliance
What happens, if the system indicates suspicious facts and cases? Now, the thing becomes really expensive. In order to reduce costs and get the process under control, ils/compliance takes over the further processing - intelligent and automated. | | |
