Ripjar Solutions:

Financial Crime

Our advanced data intelligence technology is deployed across the globe to help counter financial crime - automating and scaling capability to respond and mount an effective response to criminal activities.

Supply Chain Risk

Ripjar offers a unique solution to third-party and vendor risk management that scales with needs of global businesses. Continually monitoring the entire portfolio of entities within an organisation’s supply chain in real-time; uncovering hidden connections and red flags that over-stretched teams of analysts may overlook – ensuring risk analysis and decision-making always has a full picture of all of the available intelligence.

Industries Effected:

Manufacturing, Energy, Aerospace


Statistics:

More than 50% of companies have no formal process for managing their third party risk

Financial Crime 
Investigations

Ripjar’s advanced data intelligence platform empowers investigators with a single, fused view over all internal and external data sources. It allows analysts to create and share valuable intelligence with full audit trail and accountability. With powerful built-in analytics to help identify hidden links – Ripjar’s technology resolves entities over multiple languages, detects beneficial ownership structures and links news sources, intelligence reports, locations, phone numbers, and watchlists to follow the trail wherever it may lead.

Industries Effected:

Financial Services, Law Enforcement


Statistics:

Over 2 Trillion USD a year in illicit finance flows around the world, less than 3% is ever recovered.

Adverse media
screening

Joining the dots between adverse media and client records in real-time – Ripjar’s technology can scale to millions of clients, automatically curating relevant news articles from any source, using advanced machine learning to link risk topics such as fraud, bribery and other financial and predicate crimes to named entities. This automated approach to adverse media screening (AMS) means that financial institutions can scale to the size of the modern information environment, while reducing costs by as much as 70%.

Industries Effected:

Financial Services, Risk and Reputation Management


Statistics:

More than 2 million news articles are published every day in dozens of languages, but less than 1% relate to material risk for businesses.

Transaction Screening

Applying our market-leading entity resolution and name matching technology to screen against sanctions watchlists, Ripjar’s platform can be rapidly configured to ensure that named counterparties within payment data can be rapidly and accurately assessed for sanction-related risk with less false positives.

Industries Effected:

Financial Services, Fintechs


Statistics:

With more than 500 billion transactions per month worldwide, criminals and rogue states have become more effective at hiding in the noise to launder the proceeds of crime and evade sanctions.

Watchlist Screening

Ripjar’s unique watchlist screening technology automates the screening process from any watchlist data source, allowing financial crime teams to continuously scan for risk, alerting in real-time to accurate matches; saving time and costs. Our world-leading entity resolution technology works across dozens of global languages, local name variants, and abbreviations, reducing false positives and minimising risks.

Industries Effected:

Financial Services, Telecommunications


Statistics:

Legacy screening solutions produce more than 98% false positives, vastly reducing the efficiency and effectiveness of global compliance programmes.