KYC solutions

Customer Testimonial:

Prêt d'Union chooses Syna@pse

March 2012
Prêt d'Union has chosen to integrate the Synapse data collection solution within its private credit platform to secure its credit granting processes, prevent fraud and reduce the risk of failure.
Synapse allows Prêt d'Union to ensure the creditworthiness of borrowers by automating the mechanisms of data access and acquisition from the Banque de France's portal and Creditsafe's information server .

Read the press release about Prêt d'Union's testimonial (in french)

 

Solution:

An Audit Trail within Syna@pse to implement the obligation of FICO consultation introduced by Lagarde's Law

May 2011
Following the new regulations introduced bu Lagarde's Law regarding consumer credit, SysperTec has developped a new Audit Trail solution within its Syn@pse software suite (optimization of data collection and credit risk management).
This solution allows financial institutions to comply with the law and give evidence that they have indeed accessed the FICP register well befor granting any credit whatsoever. It helps establish, operate and view an audit trail, and posesses mechanisms that grant the integrity and non-alteration of all collected data...

Read the press release about the Audit Trail (in french)

 

Customer Testimonial:

Groupama Banque chooses Syna@pse

May 2011
In search of a sustainable and scalable solution regarding audit and credit risk evaluation, Groupama Banque chooses Syn@pse to automate its risk control and customer knowledge processes, while rendering them more reliable. SysperTec responded to Groupama's specifics by providing a Web Service that blends seamlessly the Syn@pse solution with the existing EAI.

Read the press release about Groupama's testimonial (in french)

 

Expert Review:

Which process implement to comply with the FICP consultation requirement introduced by Lagarde's Law?

April 2011
As part of the fight against over-indebtedness of households, the new regulation called Lagarde's Law requires lenders to consult the Banque de France's national 'FICP' register before granting any credit whatsoever. Not only are financial institutions forced to systematically consult the FICP register, but they must also retain evidence of this consultation, its cause and its outcome, all on a durable medium.
Financial institutions will therefore have to adapt their processes in order to justify the consultation has been completed, and this raises a number of issues...

Read the press release about the FICP expert review (in french)

 

Expert Review:

How to optimize data consultations within the legal framework of a 'KYC' process?

February 2011
Current legislation in the fight against money laundering and terrorism financing (LCB-FT) forced more and more banks and financial institutions to maintain an increasing vigilance towards their clients and prospects. The measures to be implemented in the identification, control and monitoring procedures impact the business processes and their related information systems. Yet today tools exist that help automate and systematize the control procedures, ahd that have the principal virtue of protecting the company and its employees. These tools contribute to the 'KYC' (Know Your Customer) process, first providing the first level of vigilance in the customer knowledge monitoring, then optimizing processes and costs and finally ensuring the traceability in the steps taken about the data collection.

Read the press release about optimizing data consultations (in french)

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