Financial Crime World

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Compliance Program for Financial Institutions in Egypt

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In today’s rapidly changing financial landscape, compliance with anti-money laundering (AML), know your customer (KYC), and sanctions regulations has become a top priority for financial institutions in Egypt. To address these challenges, Oracle has introduced its Financial Crime and Compliance Management (FCCM) solution suite, a cutting-edge platform designed to help banks and financial institutions strengthen their AML, KYC, and sanctions compliance programs.

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Powered by artificial intelligence, machine learning, graph analytics, and advanced analytics, the FCCM solution suite provides comprehensive coverage, detection precision, investigation accuracy, and operational efficacy while reducing compliance costs. With its end-to-end approach, Oracle’s solution enables financial institutions to streamline KYC and due diligence, offer a seamless customer experience, and detect money laundering proactively and effectively.

A Holistic Approach

Oracle’s FCCM solution suite takes a holistic approach to AML compliance, covering the entire spectrum of activities from initial client onboarding to ongoing monitoring. The platform provides a single, unified view of all transactions, customers, and relationships, enabling financial institutions to identify potential risks and take timely action.

Award-Winning Solution

Oracle’s FCCM solution suite has received numerous awards and recognition for its technology excellence and customer impact. It was recently recognized as the “Best Solution for Managing Financial Crime” by RegTech Insight Awards Europe 2023 and was also awarded “Highly Commended” for Know Your Customer (KYC), onboarding, PEPs, and sanctions screening solutions by Regulation Asia Awards for Excellence 2021.

For Egyptian Financial Institutions

In Egypt, financial institutions are under increasing pressure to maintain compliance with AML, KYC, and sanctions regulations. With Oracle’s FCCM solution suite, these institutions can leverage a cutting-edge platform designed to help them navigate the complex regulatory landscape and stay ahead of emerging threats.

Additional Insights

To learn more about Oracle’s Financial Crime and Compliance Management (FCCM) solution suite, financial institutions in Egypt can access a range of additional insights, including:

  • Webinars
  • E-books
  • Datasheets