IBM Financial Crimes Insight provides an enterprise solution to help reduce your regulatory burden and minimize reputational risk
IBM United States Software Announcement 220-026April 7, 2020
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At a glance
This latest release of IBM® Financial Crimes Insight (version 6.5) now optionally offers IBM Cloud Pak™ for Data services for:
- Model development
- Training
- Governance
- Measurement
IBM Financial Crimes Insight minimizes the financial and regulatory burden of compliance and reduces reputational risk by using a broad set of market-leading AI, big data, and automation technologies, driven by input from regulatory experts. It can help clients to increase both the efficiency and the effectiveness of:
- Anti-Money Laundering (AML) compliance
- Insurance claims investigation programs
- Employee conduct risk and trading surveillance
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Overview
IBM Financial Crimes Insight offers a solution that enables financial institutions to use analytics and cognitive capabilities to create:
- Accurate and sustainable AML programs
- Insurance claims investigation programs
- Employee conduct risk and trade surveillance programs
The solution provides users with more efficient and accurate alerts including surrounding contextual information and analysis to support and accelerate well-informed AML decisions. It reduces the time required to gather information by prepopulating customer details and automating much of the screening process. It goes beyond traditional rules-based alert detection, utilizing many prebuilt models that can be used in a variety of areas, such as conduct risk, market abuse, client suitability, and complaints.
IBM Financial Crimes Insight uses a cognitive accelerator to uncover previously unknown risks in business relationships and offers the following benefits:
- Optimization of systems and analysts
- Reduction of false positives and acceleration of investigations by using data from historical cases
- Ability to control understanding of entity and network risks
- Application of experienced-based machine learning
- Accelerated detection of insurance fraud for property and casualty claims, as well as medical provider invoices
- Improved decision-making through expansion of the observation space within the institution
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Key requirements
For details, see the Technical information section.
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Planned availability date
April 7, 2020
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Accessibility by people with disabilities
Accessibility Compliance Reports (previously known as a VPAT) containing details on accessibility compliance to standards, including the Worldwide Consortium Web Content Accessibility Guidelines, European Standard EN 301 349, and US Section 508, can be found on the IBM Accessibility Conformance Report Request website.
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Program number
| Program number | VRM | Program name |
|---|---|---|
| 5900-A0H | Cloud Service | IBM Financial Crimes Insight |
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Publications
Additional information about Financial Crimes Insight can be accessed in IBM Knowledge Center.
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Services
Software Services
IBM Software Services has the breadth, depth, and reach to manage your services needs. You can leverage the deep technical skills of the lab-based software services team and the business consulting, project management, and infrastructure expertise of the IBM Global Services team. Also, IBM extends the reach of IBM Software Services through IBM Business Partners to provide an extensive portfolio of capabilities. IBM provides the global reach, intellectual capital, industry insight, and technology leadership to support a wide range of critical business needs.
To learn more about IBM Software Services, contact your Lab Services Sales or Delivery Leader.
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Technical information
Specified operating environment
Software requirements
For more information about system requirements, see the System Requirements for IBM Financial Crimes Insight website.
IBM Support
IBM Support is your gateway to technical support tools and resources that are designed to help you save time and simplify support. IBM Support can help you find answers to questions, download fixes, troubleshoot, submit and track problem cases, and build skills. Learn and stay informed about the transformation of IBM Support, including new tools, new processes, and new capabilities, by going to the IBM Support Insider.
Planning information
Packaging
This offering is available through the internet.
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Ordering information
For ordering information, consult your IBM representative or IBM Business Partner, or go to the Passport Advantage® website.
This product is available only through Passport Advantage. It is not available as shrinkwrap.
This product may only be sold directly by IBM or by IBM Business Partners.
To locate IBM Business Partners in your geography, see the Find a Business Partner page.
New part numbers
IBM Financial Crimes Insight introduces the following part numbers:
| Part description | Part number |
|---|---|
| IBM Financial Crimes Insight for Anti-Money Laundering Event per Month | D02FZZX |
| IBM Financial Crimes Insight for Anti-Money Laundering Engagement One Time Set Up | D02G0ZX |
| IBM Financial Crimes Insight for Anti-Money Laundering Event Overage | D02G1ZX |
| IBM Financial Crimes Insight for Entity Research Negative News API per API Call per Month* | D02GBZX |
| IBM Financial Crimes Insight for Entity Research Negative News API Engagement One Time Set Up* | D02GCZX |
| IBM Financial Crimes Insight for Entity Research Negative News API per API Call Overage* | D02GDZX |
| IBM Financial Crimes Insight for Entity Research Enrichment API per API Call per Month | D02G8ZX |
| IBM Financial Crimes Insight for Entity Research Enrichment API Engagement One Time Set Up | D02G9ZX |
| IBM Financial Crimes Insight for Entity Research Enrichment API per API Call Overage | D02GAZX |
| IBM Financial Crimes Insight for Alert Triage - Transaction List Screening Event per Month | D02FWZX |
| IBM Financial Crimes Insight for Alert Triage - Transaction List Screening Engagement One Time Set Up | D02FXZX |
| IBM Financial Crimes Insight for Alert Triage - Transaction List Screening Event Overage | D02FYZX |
| IBM Financial Crimes Insight Non-Production Instance per Month | D02FSZX |
| IBM Financial Crimes Insight for Entity Research - Advanced Event per Month* | D02G2ZX |
| IBM Financial Crimes Insight for Entity Research - Advanced Engagement One Time Set Up* | D02G3ZX |
| IBM Financial Crimes Insight for Entity Research - Advanced Event Overage* | D02G4ZX |
| IBM Financial Crimes Insight for Entity Research - Basic Event per Month* | D02G5ZX |
| IBM Financial Crimes Insight for Entity Research - Basic Engagement One Time Set Up* | D02G6ZX |
| IBM Financial Crimes Insight for Entity Research - Basic Event Overage* | D02G7ZX |
| IBM Financial Crimes Insig for Entity Research with Material Change - Enterprise Event per Month* | D02FPZX |
| IBM Financial Crimes Insig for Entity Research with Material Change - Enterprise Engagement One Time Set Up* | D02FQZX |
| IBM Financial Crimes Insig for Entity Research with Material Change - Enterprise Event Overage* | D02FRZX |
| IBM Financial Crimes Insight for Entity Research with Material Change - Advanced Event per Month* | D02FIZX |
| IBM Financial Crimes Insight for Entity Research with Material Change - Advanced Engagement One Time Set Up* | D02FJZX |
| IBM Financial Crimes Insight for Entity Research with Material Change - Advanced Event Overage* | D02FKZX |
| IBM Financial Crimes Insight for Entity Research with Material Change - Basic Event per Month* | D02FLZX |
| IBM Financial Crimes Insight for Entity Research with Material Change - Basic Engagement One Time Set Up* | D02FMZX |
| IBM Financial Crimes Insight for Entity Research with Material Change - Basic Event Overage* | D02FNZX |
| IBM Financial Crimes Insight for Alert Triage - AML Transaction Monitoring Event per Month | D02GLZX |
| IBM Financial Crimes Insight for Alert Triage - AML Transaction Monitoring Engagement One Time Set Up | D02GMZX |
| IBM Financial Crimes Insight for Alert Triage - AML Transaction Monitoring Event Overage | D02GNZX |
| IBM Financial Crimes Insight for Entity Research - Enterprise Event per Month* | D02GPZX |
| IBM Financial Crimes Insight for Entity Research - Enterprise Engagement One Time Set Up* | D02GQZX |
| IBM Financial Crimes Insight for Entity Research - Enterprise Event Overage* | D02GRZX |
*Note: These parts are not available in Germany and Spain.
Previously announced part numbers
The following table lists previously announced part numbers with descriptions that have been renamed.
| Part number | Old part number description | New part number description |
|---|---|---|
| D0028ZX | IBM Financial Crimes Insight with Watson™ Instance Per Month | IBM Financial Crimes Insight Instance per Month |
| D00NNZX | IBM Financial Crimes Insight for Claims Processing Event per Month | IBM Financial Crimes Insight for Claims Fraud - Property and Casualty Event per Month |
| D00NPZX | IBM Financial Crimes Insight for Claims Processing Event Overage | IBM Financial Crimes Insight for Claims Fraud - Property and Casualty Event Overage |
| D00NQZX | IBM Financial Crimes Insight for Claims Processing per Engagement One Time Set Up | IBM Financial Crimes Insight for Claims Fraud - Property and Casualty Engagement One Time Set Up |
| D00NRZX | IBM Financial Crimes Insight for Claims Processing - Investigation Event per Month | IBM Financial Crimes Insight for Claims Fraud - Investigation Event per Month |
| D00NSZX | IBM Financial Crimes Insight for Claims Processing - Investigation Event Overage | IBM Financial Crimes Insight for Claims Fraud - Investigation Event Overage |
| D00NTZX | IBM Financial Crimes Insight for Claims Processing - Investigation per Engagement One Time Set Up | IBM Financial Crimes Insight for Claims Fraud - Investigation Engagement One Time Set Up |
Charge metric
The charge metric for this cloud service can be found in the following Service Description document:
| Program number | Service Description document title | Service Description document number |
|---|---|---|
| 5900-A0H | IBM Financial Crimes Insight | 0061-06 |
Select your language of choice and scroll down to the "Charge Metrics" section. Follow-on releases, if any, may have updated terms. See the Cloud Services terms website and search using the four-digit base Service Description number.
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Terms and conditions
The information provided in this announcement letter is for reference and convenience purposes only. The terms and conditions that govern any transaction for the acquisition of Cloud Services from IBM consist of either the IBM Cloud™ Services Agreement and the applicable offering Service Description or the IBM International Passport Advantage® Agreement or the International Passport Advantage Express® Agreement and the IBM Terms of Use - General Terms for Cloud Offerings and the applicable offering Service Description.
Technical support
Technical support is provided for Cloud Services and enabling software, as applicable, during the subscription period. Any enhancements, updates, and other materials provided by IBM as part of any such technical support are considered to be part of the Cloud Service, as applicable, and therefore governed by the applicable agreement as defined in Client's quote or transaction document. Technical support is included with the Cloud Service and is not available as a separate offering.
Additional technical support information for this Cloud Service offering may be found in the IBM Support Guide or in service-specific documentation.
Service Description
The following Service Description document applies to the offering in this announcement.
| Program number | Service Description document title | Service Description document number |
|---|---|---|
| 5900-A0H | IBM Financial Crimes Insight | 0061-06 |
Follow-on levels of this cloud service, if any, may have updated terms. See the Cloud Services terms website and search using the four-digit base Service Description number.
Limited warranty
See the warranty defined in the applicable agreement governing client's acquisition for this offering.
Money-back guarantee
No.
Volume orders (IVO)
No.
Passport Advantage applies
Yes, information is available on the Passport Advantage® and Passport Advantage Express® website.
Usage restrictions
Yes.
For usage restrictions, see the Service Description documents listed in this Terms and conditions section.
Educational allowance available
No.
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Statement of good security practices
IT system security involves protecting systems and information through intrusion prevention, detection, and response to improper access from within and outside your enterprise. Improper access can result in information being altered, destroyed, or misappropriated or can result in misuse of your systems to attack others. Without a comprehensive approach to security, no IT system or product should be considered completely secure and no single product or security measure can be completely effective in preventing improper access. IBM systems and products are designed to be part of a regulatory compliant, comprehensive security approach, which will necessarily involve additional operational procedures, and may require other systems, products, or services to be most effective.
Important: IBM does not warrant that any systems, products, or services are immune from, or will make your enterprise immune from, the malicious or illegal conduct of any party.
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Prices
For additional information and current prices, contact your local IBM representative or IBM Business Partner.
If you are an IBM Business Partner acquiring products from IBM, you may link to Passport Advantage Online for resellers where you can obtain Business Partner pricing information. An IBMid and password are required to access the IBM Passport Advantage or IBM PartnerWorld® website.
For Passport Advantage information and charges, contact your IBM representative or IBM Business Partner for Channel Value Rewards. Additional information is also available on the Passport Advantage and Passport Advantage Express website.
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Order now
To order, contact the IBM Digital Sales Center, your local IBM representative, or your IBM Business Partner. To identify your local IBM representative or IBM Business Partner, call 800-IBM-4YOU (426-4968). For more information, contact the IBM Digital Sales Center.
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Terms of use
IBM products and services which are announced and available in your country can be ordered under the applicable standard agreements, terms, conditions, and prices in effect at the time. IBM reserves the right to modify or withdraw this announcement at any time without notice. This announcement is provided for your information only. Additional terms of use are located at
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