Protecting the customer and the bank in the digital age

The increasing sophistication of financial crime, a sharper focus on money laundering by regulators, and heightened security concerns across the banking industry are driving the demand for more advanced anti-financial crime tools.

CGI HotScan360 meets this demand by delivering integrated, intelligent and real time anti-money laundering, customer due diligence and fraud detection capabilities. 

An all-in-one financial crime solution

CGI HotScan360 is a comprehensive and versatile enterprise risk management software platform that provides real-time fraud detection, payments filtering, know your customer (KYC) and customer due diligence (CDD) capabilities, along with anti-money laundering (AML) transaction monitoring. It allows financial institutions to monitor customer transactions and behaviours in real time, scoring them to identify fraud and money laundering risks. 

The platform's case management tool enables incidents to be investigated and next steps determined. Risk analysts are able to analyze data and search for new AML and fraud patterns while managers can view a wide range of risk reports for regulatory reporting and efficient management of monitoring operations.

CGI HotScan 360 enhances compliance with AML regulations, fraud prevention and faster response to fraud incidents to help financial institutions better protect their customers and businesses and reduce their operational risks.

CGI HotScan360’s key features and benefits

Complete enterprise financial crime platform
  • Fraud detection, payments filtering, AML transaction monitoring and KYC/CDD capabilities
  • All modules provided through a single solution, single implementation and single license
  • Complies with the latest regulations
  • High-performance, real-time risk engine that scans and scores thousands of transactions per second
  • Self-learning rules to improve system performance along with AML and fraud detection
  • In-memory databases with response times in milliseconds to fully support instant and online payments.
Coverage of all data and channels
  • Full control of decisioning monitoring and processes
  • Full data vertical coverage—from device identification to multi-channel big data analysis
  • Capability to integrate non-standard internal and external data sources and normalize the data
  • Architecture-ready in terms of implementing a third-party solution for advanced device intelligence, case management or other capabilities per client request
  • Covers all standard digital banking channels, as well as internal and external data sources through out-of-the-box interfaces
Investment and maintenance efficiency
  • Self-learning rules and system improvement through ongoing suggestions for scenarios that increase the effectiveness of suspicious transaction detection and lower false positive rates
  • Cost savings through more reliable risk detection using big data predictive and advanced analytics, along with machine learning models
  • Cost savings through reduced customer authentication costs, process automation and operational FTE reduction
  • Detailed overview of a bank’s risk situation through strong reporting, analytics and visualisations
  • Full deployment possible in six months or less
  • Effective and integrated incident case management
  • Active-active and rolling updates support for high availability and scalability, even during patching and disaster recovery situations
Hotscan360

CGI HotScan360 modules

We designed CGI Hotscan360 with advanced functionality to help financial institutions detect and prevent money laundering in a world of faster and higher volume payment demands.

Know Your Customer (KYC)

the number 1 circled

Our adaptable scoring and screening engine, which features a flexible scoring model, enables clients to assess event data against a wide range of watchlists defined by their users. Consequently, clients can categorize incoming events and apply a different risk model for each category.

Delta rescoring based on changes to surrounding data is another unique feature that enables targeted rescoring without the need to review the entire customer base. Further, using a partner’s technology, our KYC module can conduct digital, biometric onboarding, dramatically reducing onboarding time.

Find out more

Fraud Detection

number 2 in a circle

Our fraud detection module detects and prevents a wide range of fraud, including credit card, insurance, and bank and tax fraud, as well as identity theft, phishing and other fraudulent activities.

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Transaction Monitoring

number 3 in a circle

Using our integrated case management system, clients can review historical customer data to identify unusual trends that may indicate money laundering or fraud.

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Payment Filtering/Sanction Screening

number 4 in a circle

We enable real-time payment filtering and sanction screening, with significant performance scalability that protects your investment. Our system supports ISO 20022 standards and faster payments, scaling up to 12,000 transactions per second. It’s also compatible with numerous sanction lists, including WorldCheck, European Commission, Dow Jones, OFAC, and many others. Further, our partners can provide even more detailed sanction screening information such as sanctions ownership or control, forced labour, Russia military end use, evasion tactics, and more

Find out more

the number 1 circled

Our adaptable scoring and screening engine, which features a flexible scoring model, enables clients to assess event data against a wide range of watchlists defined by their users. Consequently, clients can categorize incoming events and apply a different risk model for each category.

Delta rescoring based on changes to surrounding data is another unique feature that enables targeted rescoring without the need to review the entire customer base. Further, using a partner’s technology, our KYC module can conduct digital, biometric onboarding, dramatically reducing onboarding time.

Find out more

number 2 in a circle

Our fraud detection module detects and prevents a wide range of fraud, including credit card, insurance, and bank and tax fraud, as well as identity theft, phishing and other fraudulent activities.

Find out more

number 3 in a circle

Using our integrated case management system, clients can review historical customer data to identify unusual trends that may indicate money laundering or fraud.

Find out more

number 4 in a circle

We enable real-time payment filtering and sanction screening, with significant performance scalability that protects your investment. Our system supports ISO 20022 standards and faster payments, scaling up to 12,000 transactions per second. It’s also compatible with numerous sanction lists, including WorldCheck, European Commission, Dow Jones, OFAC, and many others. Further, our partners can provide even more detailed sanction screening information such as sanctions ownership or control, forced labour, Russia military end use, evasion tactics, and more

Find out more

Male customer online banking holding credit card and mobile phone in hand with a laptop in front of him on a table

Celent names CGI HotScan360 as a market leader

CGI Hotscan360 business solution has been recognised as a market leader by leading research and advisory firm Celent in its latest Financial Crime Compliance Technology: Watchlist Screening Edition report.

Our all-in-one financial crime solution for enterprises is placed in the highest-rated Luminary category in Celent's new Technology Capabilities Matrix, recognising the solution for its breadth of functionality and advanced technology.

Read more in the press release