Dynamic Risk Profiling
The future of AML risk management: real-time, dynamic, intelligent
Transform your AML risk management with dynamic risk profiling
Static risk profiles are a thing of the past. Ripjar has shifted the goalposts by combining data from client screening, your customer data and transaction monitoring alerts to give you a real-time profile view of risk.
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Clients
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Originators
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Beneficiaries
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Correspondent banks
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Counterparties
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Vendors
Step into the future with Dynamic Risk Profiles
Screening has barely changed in decades, resulting in missed risks, costly inefficiencies, and generic profiles that fail to capture real threats. We’ve turned customer profiling on its head, transforming screening and transaction monitoring into a live risk management process that delivers real value.
Maximum data for maximum insight
Combine data from multiple screening providers, internal lists, client identifiers, UBO sources and transaction alerts into a single system, for a comprehensive view of risk.
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Integrate more
Integrate unlimited data for comprehensive AML risk management -
Add context
Enrich sanctions, watchlists, PEP and adverse media data with your own internal data -
Go further
Enhance profiles with UBO data and transaction monitoring -
Build intelligence
Find hidden connections using advanced networking and workflow capabilities
Live risk view
Get the most advanced evolution in risk profiling technology. Stay ahead of threats with continuously scored, real-time Dynamic Risk Profiles that adapt as new information emerges.
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Score continuously
Get real-time risk scoring, individually configurable to your risk appetite -
Simplify data
View a clear summary of each customer’s full risk data in a single profile -
Stay alert
Configure Ripjar’s Digital Assistant to escalate relevant risk alerts for your attention -
Evolve constantly
Combine static third party and internal data with live transaction data
Slash false positives with Ripjar’s Digital Assistant
Is your compliance team wasting time battling false positives? Poor quality data and generic matching criteria often require large teams to review unnecessary alerts. Free your team from the burden of false positives and see real return on investment with Ripjar.
Automated first line of defence
Ripjar’s Digital Assistant automates the tedious task of assessing and filtering alerts, freeing up your team to focus on high value tasks.
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Maintain control
Set parameters to decide when and how your Digital Assistant helps you -
Boost efficiency
Quickly triage alerts, with irrelevant ones automatically closed and logged -
Increase ROI
Process remaining alerts faster with intelligent automation
More data, fewer false positives
With regulators demanding more data in the screening process, this brings the risk of more false positives. It's time to tackle this challenge head-on.
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Scale with ease
Screen even more data with no extra work for your team -
Reduce the noise
Massively cut false positives, even with large data volumes, with industry-leading entity matching -
Tackle complexity
Accurately screen common and high profile names with confidence
Configurable risk classifiers
Generic profiles don’t cut it anymore. With Ripjar’s configurable risk classifiers, you can tailor the software to your organisation’s unique needs and risk appetite.
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Customise your screening
Choose from a suite of classifiers across multiple risk types -
Reduce your workload
Cut through the noise with precise screening results tailored to your requirements -
Integrate seamlessly
Combine multiple vendors’ data with your own lists to generate tailored risk profiles
Proven results
Improve screening results, boost your ROI, and reduce the analyst burden with Ripjar.
Why customers choose us
“We demonstrated a 13% improvement in recall and simultaneously a 91% reduction in false positives as measured by our model validation team on an unseen dataset.”
Tier 1 Bank
“We found that the number of false positives had gone down in all regions by an average of 80% after go-live.”
Tier 1 Bank
Avoid the danger of false negatives
Effective screening requires the use of multiple data sources containing both structured and unstructured data. This large amount of diverse data presents a huge task for compliance teams, and can result in risks easily getting missed.
Ripjar offers a 94% improvement over fuzzy matching technology
International name matching expert
Stay ahead of regulatory demands
In a highly regulated environment, banks and financial services need to stay on top of changing regulations, fast-moving sanctions, and spot potential risks quickly to ensure regulatory compliance.
Continuous monitoring
From rapidly changing sanctions to emerging risks, Ripjar proactively spots risks as they develop, keeping you up to date and ensuring your regulatory compliance.
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Save time
Avoid the need for resource-heavy periodic reviews -
Stay ahead
Always have access to the most current risk information
Enhanced with adverse media
Adverse media screening is increasingly being expected by regulators. Ripjar enhances sanctions and watchlist screening with adverse media data, providing additional context.
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Predict risks
Spot potential risks sooner with early mentions in the media -
Enhance profiles
Improve accuracy and build detailed profiles with industry-leading identity matching -
See clearly
Get a clearer picture with AI Summaries of adverse media risk
Multi-territory screening
Ripjar’s industry-leading data security options simplify screening in complex global organisations, enabling you to meet the strictest requirements across different regions.
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Control centrally
Store, access and screen data separately in different locations, while maintaining central control -
Screen geographically
Comply with different locations’ regulations by screening against regional lists
Ripjar has a pedigree in supporting European financial institutions, as well as those that run operations across the globe. This made them the perfect fit to support the requirements of VP Bank.
Markus Reinacher, Head Group Compliance & Operational Risk, VP Bank Group
Which solution is right for you?
Whether you’re looking for pure, high-quality name and media screening, have a focus on gaining a wider view of risk, or want a fully comprehensive approach with dynamic risk profiling, there’s a Ripjar solution to suit your organisation’s requirements.
Ready to
get started?
Our experts are available to talk through your requirements, answer questions, and set up a demo.
