1 / 9

Financial Compliance

Financial Compliance. Market and Opportunity Space Overview. Market: Regulations. Global Regulatory Bodies Affect all Financial Industries Customer Identification Program (CIP/KYC) Politically Exposed Persons (PEP) Enhanced Due Diligence (EDD) & Negative News Sanctions Compliance

giona
Download Presentation

Financial Compliance

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Financial Compliance Market and Opportunity Space Overview

  2. Market: Regulations • Global Regulatory Bodies • Affect all Financial Industries • Customer Identification Program (CIP/KYC) • Politically Exposed Persons (PEP) • Enhanced Due Diligence (EDD) & Negative News • Sanctions Compliance • Transaction Monitoring • Suspicious Activity Reports (SARs) • Market Size in ‘09: $375m

  3. Market: Solutions Data Providers Consultants Dow Jones/Factiva World-Check KPMG Deloitte RDC E&Y PwC Info4c WorldCompliance Intersoft KK Transaction Monitoring Choicepoint/Bridger Actimize CIP/KYC Sanctions NetEconomy Norkom WoltersKluwer Accuity Fortent Mantas Complinet Case Management

  4. Opportunities: Current Go To Market Data Providers • OEM to Vendors • Direct to Banks • Through Consultants Consultants Transaction Monitoring CIP/KYC Sanctions Case Management

  5. Regional Technology Adoption Source: Celent

  6. Vendor Customers by Region Source: Celent Vendor RFIs

  7. Opportunities: Future Data Providers • Multilingual Data Provider • Sanctions Search Solution • CIP/Name Translation Consultants Transaction Monitoring CIP/KYC Sanctions Case Management

  8. What are we doing? • Latin-Latin Matching Q1, 09 • Attending Compliance Conferences • OEM Sales (over last 12 months) • Ernst and Young – Consultancy Sales • Innovative Systems – Paired Selling • Developing Marketing Strategy

  9. Discussion Topics • Product Development Issues • Is our product right for this market? • Appropriate Features • What is the best Go-To-Market strategy? • How can we amplify our Middle East/Asia focus?

More Related