CGI’s Protect the Bank

Fighting financial crime through Protect the Bank

Since 2008, financial institutions have faced an ever growing burden of regulation and compliance. For regional and global financial institutions, this challenge has been even greater in the absence of a global regulator. Without global regulation, each region or country has had to define and communicate its own rules—a highly complex task.

At the same time, the world is moving to real-time payments that are available anytime, anywhere. The problem in terms of compliance is that real-time transactions need to be monitored and scanned in real time. With the average cost of a single alert now exceeding $34, banks have to find a way to become more efficient and cost-effective in managing real-time payments.

CGI’s Protect the Bank

CGI’s Protect the Bank is a new vision and framework for fighting financial crime. It encompasses a number of modules (cybersecurity, artificial intelligence, intelligent self-learning, big data, and more) designed to help banks not only fight financial crime more effectively, but also for less cost. Protect the Bank offerings can be applied to any bank, irrespective of its current infrastructure or processing software. It also includes IP solutions for the following:

  • Anti-money laundering
  • Case management
  • Know your customer (KYC)
  • Intelligent self-learning

To learn more about our Protect the Bank offering, contact us.