IBM InfoSphere Software for Banking

Banks and financial services firms spend considerable resources to address ever-increasing regulatory requirements, which need to be balanced with the imperative to improve revenues and profits. IBM InfoSphere Software helps clients to meet their risk and compliance challenges head-on by helping them fight fraud and mitigate reputational risk. It ensures that business information will be clean, trusted and readily available, so that organizations can effectively identify, track, store and report on it as needed. In real-time.

IBM’s comprehensive information management capabilities (master data management, master data integration, data warehousing and reporting, data quality management) combined with its deep industry expertise, ensures that Banking and Financial Markets firms get the right technologies and services to support business transformation. Now and in the future.

InfoSphere Software helps firms:

• Detect and prevent fraud before it occurs with a real-time repository of identity information that helps you understand the people behind the transactions
• Dramatically improve your understanding of clients in your existing Customer Information Files by adding linguistic expertise applied to over one billion names from hundreds of countries and cultures around the world
• Dramatically improve your AML capabilities with significantly improved watch list checking and understanding of your clients before opening accounts or processing high-risk transactions
• Mitigate reputation risk by detecting groups of people working together to create fraudulent identities and pool accounts in order to fund high-profile international crimes