Financial Crime World

Capgemini Unveils Innovative Solutions for Financial Crime Compliance and Risk Management

Modern Approaches Necessary to Mitigate Financial Risks and Adhere to Regulatory Requirements

Capgemini, a leading global consulting, technology services, and digital transformation company, has announced its advanced solutions for Financial Crime Compliance and Risk Management. This announcement underscores the growing need for modern approaches to mitigate financial risks and adapt to ever-evolving regulatory requirements.

Traditional Approaches No Longer Sufficient

Traditional approaches to risk strategy and reliance on legacy technology are no longer adequate for ensuring satisfactory compliance and risk programs in today’s digital era. Financial institutions must embrace agile, technology-driven solutions to combat evolving threats. Capgemini’s offerings cater to these demands, utilizing the power of cloud computing, artificial intelligence (AI), and machine learning.

Advanced Services for Regulatory Compliance

Capgemini’s Financial Crime Compliance and Risk Management solutions encompass a range of services designed to address the complexities of regulatory compliance:

  1. Industry-specific Solutions: Capgemini partners with leading tech giants such as AWS, Google Cloud, Microsoft, Oracle, Pega, and Salesforce, to deliver effective solutions for various industries, including banking and capital markets.
  2. Critical Compliance Areas: Solutions focus on critical areas such as Anti-Money Laundering (AML), Sanctions Screening, and Fraud Detection. Advanced analytics, continuous monitoring, and automation ensure maximum efficiency and accuracy.
  3. Staying Ahead of Threats: The approach enables financial institutions to stay ahead of potential threats and comply with ever-changing regulations.

Mark Thoms, Global Head of Financial Crime Compliance and Risk Management at Capgemini, shared his insights:

“Financial crime is a complex and ever-evolving challenge for financial institutions,” said Mark Thoms. “Our solutions address these challenges, utilizing advanced technology and tailored offerings, allowing our clients to effectively manage and mitigate risks while ensuring regulatory compliance.”

About Capgemini

Capgemini is a global leader in consulting, technology services, and digital transformation with over 270,000 employees in nearly 50 countries and revenues of €17 billion in 2022. Capgemini offers services ranging from strategy consulting to technology and engineering services, leveraging innovative collaborative technology platforms and industry expertise to support its clients in creating truly differentiated value. Capgemini is proudly committed to diversity and inclusion.

Contacts

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Note: This article is for informational purposes only, and the reader is encouraged to consult with competent professionals for advice specific to their situation. The views expressed in this article are those of the author and do not necessarily represent the views of Capgemini.