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Design and implementation of a Data Integration Platform for AML monitoring for 17 Africa Countries

Data Integration Platform
RAS@IQ


Design and implementation of a Data Integration Platform for AML monitoring for 17 Africa Countries

Introduction:

The Compliance division of a tier 1 South African Bank required an implementation of a Group Wide AML solution. IQ was contracted to handle the Data Provisioning stream of this project.

How we helped their business grow:

  • Designed and implemented an ODS to use for data integration utilising existing patterns for data sourcing across the African continent.
  • Developed using Microsoft SQL Server database and SSIS integration tool.
  • Mapped required data from existing source files and implemented best fit data mapping to address data gaps and quality issues.
  • Implemented operational monitoring reporting to ensure delivery of all expected files as countries were implemented into production.

Results:

  • Compliance obligations were met for delivering files from multiple countries to new AML solution resulting in improved compliance.
  • Watch list filtering of customer base converted to automated process for completed countries.
  • More sophisticated transnational monitoring models implemented resulting in tighter controls.


Other benefits:

Enhanced functionality applied to Landing Zone and Data Management System components that could be leveraged across all data services areas.

Our approach:

Design and implementation of a Data Integration Platform for AML monitoring for 17 Africa Countries

Designed and implemented an ODS to use for data integration utilising existing patterns for data sourcing across the African continent.


Design and implementation of a Data Integration Platform for AML monitoring for 17 Africa Countries

Mapped required data from existing source files and implemented best fit data mapping to address data gaps and quality issues.


Design and implementation of a Data Integration Platform for AML monitoring for 17 Africa Countries

Implemented operational monitoring reporting to ensure delivery of all expected files as countries were implemented into production.

Benefits to the client:

Design and implementation of a Data Integration Platform for AML monitoring for 17 Africa Countries

Compliance obligations were met for delivering files from multiple countries to new AML solution resulting in improved compliance.


Design and implementation of a Data Integration Platform for AML monitoring for 17 Africa Countries

Watch list filtering of customer base converted to automated process for completed countries.


Design and implementation of a Data Integration Platform for AML monitoring for 17 Africa Countries

More sophisticated transnational monitoring models implemented resulting in tighter controls.

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