Correspondent accounts in particular can play a key role in international money laundering and tax evasion. Against this background, the supervisory authorities have gradually tightened the money laundering regulations.
Anticipate the Future
A very good reason to automate risk calculation and to simplify the CBDDQ management
Take a look - Finocon Tour
You have to be able to anticipate future events so that you can avoid major mistakes and make sure things stay out of court. Regulations are coming faster than the normal bank could keep up.
A completely predictable and highly precise product or service can help you achieve that by making things happen for you as automatically as possible.
But products and services like that – the ones that run like clockwork – only come from suppliers who spell everything out and leave nothing to chance.
That combination will help you achieve a zero failure rate and make sure no one throws a wrench into your future.
We believe you’ll see Finocon Correspondence Banking Management and Finocon can be all that for you. But you should be free to make that decision for yourself.
We assist our clients in the banking industry to reduce risk exposure and have a more precise risk rating with their correspondence banks. We do this by offering automated risk rating services and a digital managed CBDDQ form.
Digitize and automate your correspondent banking management!
Learn how Finocon can help your bank to increase the precision of risk evaluation and have more done with less work.