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Next Development of SMARAGD - The Anti-Finance Crime Suite
STUTTGART, Germany, July 7 /PRNewswire/ --
- All-in-one Solution for Combating Financial Crime
- Focuses on an All-Round, Risk-Based Approach
- SMARAGD MDS Monitoring & Detection System Supersedes S/Research
With its new SMARAGD Anti-Finance Crime Suite, Cellent Finance Solutions
AG has bundled the solutions from the SMARAGD range into an integrated,
all-in-one package for combating financial crime. This new development was
realized in line with international standards and European legislation based
on an holistic, risk-based approach. A new, standardized and internationally
viable name assures the conciseness and distinguishability of the individual
products. The suite currently comprises six solutions for combating different
aspects of financial crime, such as money laundering, financing of terrorism
and insider trading at financial service providers and insurance companies.
The new systems have already been successfully rolled out at major
international banks. The successor version of the mainstream solution,
launched in 2000 under the name S/Research and continually developed ever
since, now enters the market as SMARAGD MDS 4.0.
The SMARAGD Anti-Finance Crime Suite features a host of modules and
functions for a state-of-the-art, integrative and centralized combating of
money laundering and fraud in the globalized world of finance. The company
has condensed more than ten years' experience in combating financial crime
into an integral product strategy developed at the cost of several million
euros. Werner Guderlei, Head of Financial Crime Solutions at Cellent Finance
Solutions, reports on the first experiences with the new suite: "Several
renowned, international private banks have already implemented the SMARAGD
Anti-Finance Crime Suite. The feedback following the pilot phase has exceeded
our high expectations. Customers have confirmed a significant enhancement in
functionality, in particular the optimized usability and a lower
false-positives rate."
The consistent look & feel and intuitive user navigation pave the way for
efficient workflows. The new user interface enables the user to switch
languages, and even supports calligraphic languages, such as Chinese or
Japanese.
Press contact:
Cellent Finance Solutions AG
Werner Guderlei
Head of Financial Crime Solutions
E-mail: werner.guderlei@cellent-fs.de
