Client behaviour monitoring

Transaction Details

Company Name
Banca del Gottardo Group
Category
Bank industry
Date
2004

Creation and implementation of a new transaction monitoring system the Banca del Gottardo Group. Definition of front and back end, process, forms, using a dedicated visual rules tool. 250 User across the group. Approved by FINMA.

Impressions

Challenge

New Due Diligence process for private banks

CH, LUX, MC, ITA, Bahamas

- Based on the new FINMA AML Ordinance 2004

- Compliance process

- 150000 clients

- 250 relationship managers

- cost effective in house development

 

Closing

FINMA Approval June 2004

Sytem in use until 2012