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