Regulatory Compliance Is No Longer An Imposed Rule, But A Business Imperative

Financial Compliance

Financial institutions of all sizes are being targeted by cyber criminals for valuable consumer, account, card, payment and transactional data. Many have adapted a data-centric approach to thwart some of those threats, but their data is on the rise in both size and complexity. Under tough financial regulatory landscape, their challenges are simply compounding to the levels that they can no longer handle those.

Reduce the Noise and Amplify the Right Signals

Our clients in the financial sector integrate data in its rawest form and build a consolidated view of individuals and their networks. With the unprecedented ability to analyze risk factors in the context of behavioral and market trends while ensuring the toughest regulatory compliance of PCI / DSS and EU GDPR. Our clients are:

  • Conducting regular vulnerability assessment and penetration testing against all their open web and online systems, while addressing all discovering through our managed security services

  • Mapping blacklists against transaction and account data, revealing high-risk individuals who continue to transact and open new accounts

  • Triaging alerts faster and reducing false positives by an order of magnitude

  • Identifying wire transactions in high-risk areas based on the correlation of internal and public data & watchlists

  • Tackling these complex financial challenges in compliance with data regulations such as Basel’s BCBS 239 and the upcoming EU GDPR

Regulatory Compliance is no longer an Imposed Rule, but a Business Imperative

Cloudly provides a foundational platform that supports workflows at every stage of the financial compliance process. With capabilities for alerting, triage, deep investigation, reporting and regulatory compliance in one environment, our clients are:

  • Building enriched alerts on all available data in code-based and code-free environments

  • Inspecting and tuning each model that generates an alert

  • Contextualizing findings against full financial history and broader network of related parties

  • Reintegrating their analyses and insights back into the platform as new data for other analysts to utilize and build on

In treating financial compliance as a data-driven problem, our clients are not only building a rich data asset that allows them to stay ahead of adaptive bad actors, but also accelerating their business through a better understanding of their client base at large.