Screening Online powered by World-Check

THOMSON REUTERS ACCELUS™ Financial Crime and Reputation Risk

THOMSON REUTERS ACCELUS™

Our solutions dynamically connect business transactions, strategy, and

operations to the ever-changing regulatory environment, providing highly

regulated firms with informed outcomes. Our client groups include compliance,

audit, legal and risk functions within the organisation. We partner with firms to

manage their risk exposure and accelerate their business at every step.

Thomson Reuters Accelus 3

FiNANCiAL CRiME ANd REpUTATiON RiSk

iN 2010

THOMSON

REUTERS

TRACkEd MORE

THAN 10,000

FiNANCiAL

SERviCES

REgULATORy

CHANgES

ACROSS THE

gLObE.

INTRODUCING THE FIRST TRULY COMPREHENSIVE FINANCIAL CRIME PREVENTION SOLUTIONThomson Reuters AccelusTM provides effective financial crime solutions that combine advanced software with World-Check’s comprehensive and highly structured intelligence on politically Exposed people (pEps) and heightened risk individuals and entities. Thousands of organisations around the world use our screening solutions to meet their Anti Money Laundering (AML), know your Customer (kyC), Countering the Financing of Terrorism (CFT) and pEp obligations, to find hidden risk in their relationships and to safeguard their reputation.

Organisations that partner with Thomson Reuters Accelus can rely on our legacy of successful implementation and service. We work with firms and their advisors to:

• Effectively manage regulatory, reputational and financial risk

• Offer auditable proof of due diligence

• Comply with global legislation including AML, KYC, CFT and PEP monitoring

• Ensure people are who they say they are

• Track market developments and regional enforcement action

• Process clients faster and more efficiently than the competition

• Provide targeted and effective due diligence on supply chains and third party agents

• Train employees and suppliers on their AML and due diligence obligations

• Perform ongoing transaction monitoring of clients for AML and fraud prevention

• Integrate our data into existing systems and technology infrastructure

4 GOVERNANCE, RISK AND COMPLIANCE

FiNANCiAL CRiME ANd REpUTATiON RiSk

“THE biggEST

pRObLEM iS

FALSE pOSiTivES

– THiS CREATES

MOST OF THE

WORk. MUCH OF

My TiME iS SpENT

dOiNg dUE

diLigENCE ON

AN ALERT ANd

NOTiNg WHy

iT SHOULd bE

CLEAREd.”CCO, Global Bank

MANAGING RISK IN THE GLOBALBUSINESS ENVIRONMENT Regulatory reform and increased enforcement activity may ultimately protect the international business community and be of benefit to the greater environment, but they also increase the pressure on businesses through increased workload and cost.

Regulatory change is now a constant feature, creating a compliance challenge particularly for regulated companies. There is heightened awareness of the risk that may be hiding in business relationships – individuals involved in organised crime such as money laundering and terrorist financing have become increasingly sophisticated. Association with a high risk entity or individual, whether or not intentional, will expose your organisation to the risk of regulatory censure. This in turn leads to irreparable reputation and brand damage that is often more devastating than breaching compliance legislation.

As organisations endeavour to keep up with the pace of reform, compliance programmes tend to become disjointed and burdensome, adding significantly to the cost of compliance in both time and money. The ability to move fast is essential for your organisation to succeed.

Thomson Reuters Accelus offers a cost-effective, comprehensive and flexible financial crime and reputation risk suite that helps to manage regulatory obligations, improve business efficiency and safeguard reputation.

Thomson Reuters Accelus 5

FiNANCiAL CRiME ANd REpUTATiON RiSk

“WORLd-CHECk

HAS pROvidEd

COMpREHENSivE,

CONSOLidATEd

iNFORMATiON

THAT HELpS OUR

ORgANiSATiON

TO AddRESS

REgULATORy,

COMpLiANCE,

REpUTATiON

ANd bUSiNESS

REqUiREMENTS.

iT HAS

pROvidEd MUCH

iNFORMATiON

ON HigH RiSk

iNdividUALS ANd

ENTiTiES, kyC

ANd CUSTOMERS

dUE diLigENCE

SOLUTiONS.” Senior Assistant Manager,

Central Bank of the Bahamas

A COHESIVE APPROACH TO FINANCIAL CRIME PREVENTION Our financial crime and reputational risk suite combines World-Check highly structured intelligence data with sophisticated matching technology and advanced software to create a powerful, comprehensive approach to screening.

World-Check IntelligenceEffective risk screening relies on the best available intelligence. it is our global infrastructure coupled to the skill of our research analysis that is key to the value of our intelligence.

Raw data is gathered by research analysts supported by specialised software and is processed through rigorous quality control. intelligence is carefully collated and checked for duplication.

it is the use of reasearch analysts that enables us to make further connections between subjects and other business or family relationships, uncover suspected terror networks and highlight the relevance of the intelligence offered. Software alone cannot offer this level of research sophistication because people can identify relationships that software overlooks.

The structure of our intelligence when combined with our powerful software, increases accuracy, minimises errors and false positives, ensuring a screening solution that is a cost-effective choice for fast and reliable results.

There are greater risks than PEPs – 48% of our intelligence is made up of non-pEp information, supporting an effective risk-based approach that goes beyond pEp screening.

Terrorism and insurgency research – Less than 3% of our terrorism coverage is derived from official watchlists, showing the strength of our methodology. Clients benefit from tens of thou-sands of records that reveal suspected human terror networks.

6 GOVERNANCE, RISK AND COMPLIANCE

49 OF THE

WORLd’S TOp

50 bANkS ANd

55 OF FORTUNE

100 COMpANiES

RELy ON

WORLd-CHECk

iNTELLigENCE.

ADVANCED SOFTWAREOur sophisticated matching engine analyses the structure of a name and performs an intelligent comparison using advanced linguistic algorithms. by performing these “intelligent” comparisons, the engine helps overcome common name-matching issues which increases accuracy and drives down false positives. The engine is particularly powerful in common scenarios such as:

• Same name written in multiple languages

• Phonetic spelling differences

• Nicknames

• Inclusion of initials

• Missing name components

• Out-of-order name components

The matching engine also features non-Latin character support in Arabic, Chinese (Simplified or Traditional), Japanese, korean, pashto, persian (Farsi/dari), Russian, and Urdu. This powerful functionality allows the software to translate names accurately to and from English.

This advanced technology has led to a 10%+ increase in match result processing and a 20%+ reduction in false positives*.

*Results based on internal test of 2,000 entities (1,000 individuals and 1,000 organisations)

IMPROVED EFFICIENCY AND AUTOMATIONOur software helps to improve efficiency while supporting internal processes.

• Automated ongoing screening – users can enter a name to be screened and save it for ongo-ing monitoring. The name will then automatically be screened overnight, every night, with an email alert keeping users informed of any new matches that require attention.

• Multi-user workflow – enables a structured approach with specific teams, individuals and escalation paths to share the task of handling exceptions generated by the system.

• Management reporting – provides quick and effective summaries of the overall screening process.

• Case management – rapidly creates and compiles cases on suspicious transactions for disclo-sure in Suspicious Activity Reports (SARs).

“…AN iNvALU-

AbLE TOOL

iN THE FigHT

AgAiNST MONEy

LAUNdERiNg

ANd CRiME iN

gENERAL.” HSBC

FiNANCiAL CRiME ANd REpUTATiON RiSk

SAMpLE pHOTO

Thomson Reuters Accelus 7

FiNANCiAL CRiME ANd REpUTATiON RiSk

THE THOMSON REUTERS DIFFERENCE Historically, organisations have resorted to using multiple technologies, data vendors and training providers, together with in-house solutions to ensure compliance with AML, kyC, CFT and pEp regulations. This approach results in duplicated effort and serves to reinforce divisional structures that do not share or cross-reference vital customer information. With the Thomson Reuters Accelus suite of solutions, a firm can take a truly comprehensive approach to regulatory compliance and reputation management, improving the efficiency of business operations significantly.

Additional services in the solution suite include:

Regulatory TrainingRegulatory bodies across the globe require firms to conduct regular AML training that must be reviewed on a regular and frequent basis. developed by our in-house compliance and training experts, our range of financial crime e-learning courses covers core compliance topics that help organisations in highly regulated industries manage their reputational and regulatory risk.

Our learning management system (LMS) allows firms to:

• Assign courses

• Track progress

• Capture results

• Demonstrate compliance

Transaction Monitoring TransWatch offers powerful detection, inspection and resolution tools for transaction monitoring. it takes a scenario-driven, risk-based approach to the challenges presented by money laundering, fraud and market abuse. in addition, it is an effective tool in market surveillance where hundreds of thousands of transactions must be processed every day.

The extensive, yet flexible data model is designed to minimise integration costs, whilst maintaining adaptability. More than 100 pre-built, parameter-driven detection scenarios are provided as standard. This ensures that the solution can be implemented quickly, while remaining flexible to current and future legislative requirements.

“…A vALUAbLE

AddiTiON TO My

dAiLy WORk AS

A COMpLiANCE

OFFiCER, iN A

WORLd WHERE

REqUiREMENTS

ARE gETTiNg

MORE STRiNgENT

by THE dAy ANd

RiSkS ARE HigH-

ER EvERy dAy.” Manager Compliance,

RBTT Bank NV

For more information, contact your representative

or visit us online.

Visit accelus.thomsonreuters.com

© 2011 Thomson Reuters L-369534/10-11

Thomson Reuters Accelus solutions provide powerful tools and information that enable actionable insight, dynamic connections, and informed choices to drive business performance. Thomson Reuters Accelus products combine market-leading solutions from names you already know and trust, including Complinet, paisley®, Oden®, Westlaw® business, West’s Capitol Watch®, Westlaw Compliance Advisor®, and World-Check.