PALADIN 2.0| Management Solutions

Why PALADIN 2.0?

Paladin 2.0 arises as a response to the need of the entities to have an end-to-end system for the prevention of money laundering and terrorist financing, focusing on the integral management of alerts and files, regulatory and management reporting, allowing a transparent integration with analytical and statistical engines

The new version of Paladin is an upgrade to Management Solutions' previous anti-money laundering and counter-terrorist financing (AML/CFT) technology solution.

With a design based on industry best practices, Paladin 2.0 offers end users a wide range of benefits through its intuitive interface and customizable modules.

Main features of Paladin 2.0:

• Enables comprehensive management of the AML/CFT function of financial institutions (monitoring, alert analysis, regulatory reporting, internal reporting, etc.) independent of analytical and statistical engines, facilitating independence between the technological layer (IT) and the management layer, and preserving business processes.
• End-to-end solution that integrates all the information needed to analyze alerts and files, including information on customers, products, transactions, politically exposed persons (PEPs), sanctions, negative news, etc.
• Interactive visualization of the transaction network through graphs, facilitating the analysis of the "money trail" and the traceability of suspicious customers..
• Easy visualization of dashboards and indicators, making available different visions - executive, management and operational -, allowing for access under different hierarchies for more accurate and timely decisions.
• Integration of artificial intelligence (AI) components throughout the alert management and regulatory reporting process, such as preparation of regulatory dossiers, risk scoring, etc.
• Flexibility in module customization, allowing Paladin 2.0 to best fit the organization's AML/CFT management process.
• Flexibility to integrate with market solutions and in-house developments such as alert engines, scoring/risk models, etc.

Benefits

Paladin 2.0 meets the functional and technological AML needs of institutions by being segmented into decoupled modules that adapt to existing AML processes without requiring long and complicated customization and internal transformation processes

User benefits

Regulatory compliance

Developed in accordance with regulatory requirements and global market best practices.

Intuitive and highly customizable front end

Paladin 2.0 enables quick and easy access to data through its unique web interface, with high customization flexibility in its modules.

End-to-end AML/CFT integrator

The system provides end-to-end functionality from alert management to regulatory reporting.

BAU analysis, management and reporting

The system includes a workflow for managing alerts, multiple options for BAU management and facilitates file analysis (including a graph module), meeting the needs of both iinternally and to regulators.

Integration with systems

It allows integration with existing tools and models and has connectors for reporting to regulators.

Advanced Research Center

Analytical and graphical tools for the evaluation of alerts, both from the point of view of the client and of each transaction, and with centralized information management to enable efficient work by analysts.

Predictive Planning

Facilitates the organization and management of teams through predictive indicators that avoid generating a backlog of alerts that are not subject to treatment.

Information Technology (IT) benefits

Integration with various tools

Data inserted into Paladin 2.0 data structures can be used from various tools, both in-house and off-the-shelf.

Decoupling

Unlike other tools on the market, Paladin 2.0 enables AML/CFT monitoring without the need for a link between management and rules, simplifying development, implementation and technology management.

Reduced support

t requires reduced IT support, being designed for in-house maintenance without the user being dependent on third parties to administer the system in production.

Deployment in diverse IT environments

Paladin 2.0 supports different data storage platforms, such as Oracle, SQL Server, Teradata and flat files.

Paladin features

Functional integration of the various Paladin 2.0 modules allows comprehensive and efficient management of the AML/FT function

Paladin 2.0 integrates in a single work environment 5 modules to globally manage the AML/FT function:

• Alert management.

• Analysis of files and alerts.

• Networks: file and alert analysis.

• Regulatory reporting.

• Internal reporting.

Alert management

• Automatic assignment of alerts to analysts, according to transaction monitoring rules, related products, applicable regulations, with distribution with distribution of alerts to the analysis team according to age and type of alert.

• Manual assignment of alerts, addressing specific cases (such as alerts that have not been analyzed, alerts that raise doubts, pending incidents, or new alerts that have not been assigned automatically), facilitating the flow of transaction monitoring analysis.
• Visualization of analyst productivity through dashboards and indicators, facilitating the management of alerts across work teams, for example:
- Average analysis time and performance of each analyst.
- Number of alerts pending and analyzed by analyst.
- Incorporation of analysts in the analysis flow according to their level of experience.
- Productivity per analysis team and per analyst.

File Analysis and Alerts

• Backlog of alerts on suspicious customers, with the ability to configure analysis prioritization (by time of alert generation or risk associated with the alert), allowing the alert to be filtered and analyzed directly.

• Integrated alert analysis front-end, with the customer information required for analysis (registration information, transaction information, bureaus, KYC form, negative news, PEPs, restrictions, risk assessment, etc.) facilitating the analysis by having the customer information on the same screen.

• Availability of information on each monitoring alert generated for the customer, facilitating and consolidating the analysis of the alerts generated for the same customer.

• Transaction information available in a single tool with transaction search and recent searchable/filterable customer transactions for analysis by the PBC/CFT team.

Networks: file analysis and alerts

• Charts with registration and transaction information for each customer and beneficiary of operations, facilitating traceability and allowing visualization of the "money trail" of each alerted transaction, with the possibility of integrating risk assessment information on customers and counterparties, PEPs and transactions with family members.

• Ability to visually include any registry information, transaction filters and products purchased by the customer, facilitating the tracking of suspicious customer resources.

Regulatory Reporting

• Possibility of API integration with regulatory reporting file generation, according to the layout defined for each region, allowing greater operational efficiency in the process.

• Automated generation of pre-populated files from customer information for the internal record of information reported to regulators, with detailed information on the analysis performed by the analyst, including additional analysis such as: inconsistent transaction behavior, lack of justification, customer's history, risk profile, lack of necessary documentation, etc. to facilitate any follow-up and future analysis on the same customer.

• In the event of false positive alerts, automated generation of pre-populated files based on customer information for greater operational efficiency in the alert archiving process.

Internal reporting

• Indicators and graphs with consolidated information for AML/CFT senior management to visualize outliers, sudden changes that can motivate decisions on business strategies (changes in the institution's AML risk, changes in the customer base, irregularities in the volume of transactions, concentration of AML risk in customers and products, etc.).

• Indicators and graphs to visualize detailed information on specific AML processes, as well as the performance of each analyst and operator in your management structure, so that you can more quickly define tactical changes in your processes, as well as: monitoring, analysis and communication management, risk analysis management, KYC procedures management.

• Indicators and graphs to visualize the analyst's daily operational information, facilitating the visualization of delays, accumulations and prioritizations, as well as: generated alerts, analysis backlogs, average analysis time and pending analysis.

Management Solutions is an international consulting services firm focused on business, risk, finance, organization and process consulting, both in its functional components and in the implementation of related technologies.

Management Solutions currently has a multidisciplinary team of professionals (functional, mathematical, technical, and systems integration) of approximately 4,000 professionals working through 48 offices from where we provide recurring services to clients operating in more than 50 countries from five continents (Europe, America, Asia, Africa and Oceania).

Management Solutions' differentiation lies in our in-depth knowledge of the businesses in which our clients operate and our high level of industry and functional specialization.

For more information please visit: www.managementsolutions.com

For more information

Rodolfo Arévalo
Partner at Management Solutions
rodolfo.arevalo@msbrazil.com

José Ángel Aragón Lorenzo
Partner at Management Solutions
jose.angel.aragon@managementsolutions.com