News
Icon Solutions, a fintech company enabling banks globally to design and implement state-of-the-art payment systems, has today announced the appointment of Hannah McKechnie to its leadership team as Director of People.
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Anti-Financial Crime
Are you using the latest financial crime prevention techniques to protect your customers and comply with ever-changing regulations?
Criminals are becoming more sophisticated in their attacks and their ability to hide illegal activities; fines are also increasing for regulatory non-compliance.
To stay one step ahead of both the criminals and the regulators, banks must be able to rapidly detect and defend against continually evolving threats and therefore must be able to deploy cutting-edge technologies which iteratively develop their anti-financial crime capability.
This brings many advantages (such as increased customer confidence, reduced regulatory risk, and fewer false-positive threat detections) but the risks associated with transforming business-critical anti-financial crime solutions are also significant, and must be carefully managed.
Icon Solutions has delivered anti-financial crime solutions for some of the world’s largest financial organisations. We are experts in the architecture and design of solutions for the problems of non-standardized and siloed data, complex and interlinked data sets, hybridization of anti-financial crime implementations, and integration with real-time digital customer journeys – all of which are fundamental (whilst also being likely to be deep-rooted) – to accelerate their deployment without compromising on safety.
How can Icon work with you?
Creating a long-term IT strategy that delivers the needs of the business, but is also practical and achievable, is a serious challenge - particularly when it is restricted and burdened by intransigent infrastructure.
At Icon Solutions, we help our customers evolve their legacy platforms to support dynamic services fit for the modern banking landscape, by developing strategies to support pragmatic, continual transformation, instead of unending fire-fighting or disruptive “big bang” approaches.
We can expertly advise on architecture and technology transformation using our deep knowledge of banking systems, along with extensive practical experience of modern technical architectures and IT operating models. We understand technology and its utilisation to a great degree, but we are agnostic (and therefore completely transparent) regarding software vendors and technology providers: we can evaluate technology candidacy on a case-by-case basis to provide genuinely unbiased opinions.
We typically work with clients in one of two ways, the former often evolving into the latter:
Would you like to find out how Icon can assist you with enhancing your anti-financial crime capability?
CASE STUDY
Setting the industry standard for KYC
Icon Solutions helped this Tier 1 Bank to improve their in-house controls for anti-money laundering and sanctions compliance and achieve their vision to set the industry standard for KYC.
CASE STUDY
Bringing technical strategy to life in AML Transaction Monitoring
Icon Solutions was engaged by this bank to provide expert review and validation of the bank’s target architecture and technical roadmap for Transaction Monitoring.
CASE STUDY
Automating the customer due diligence experience
Icon Solutions were approached to assist the bank with the automation of their Customer Due Diligence (CDD) and In-Life Management (ILM) programme.
News
Icon Solutions has published its 2023-24 Annual Report, demonstrating how new strategic partnerships, product and service innovations, and an ongoing commitment to its people and customers have provided a foundation for the next phase of global growth.
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News
Icon Solutions today announces it has strengthened and expanded its strategic partnership with NatWest with the appointment of Ian Povey, CIO Payments Technology, and Lee McNabb, Head of Payments Strategy and Partnerships, as Board Observers.
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