Risk comes from many external and internal sources, so you need tools to identify, monitor, measure and remediate threatening forces. FIS™ offers solutions to enhance your fraud program, prevent anti-money laundering and bank secrecy issues, combat cybercrime and ensure that your staff is trained as a powerful first line of defense.
The regulatory environment is increasingly complex and always changing, and failure to maintain compliance carries stiff financial and reputational consequences. FIS™ can help you automate your compliance monitoring and testing program and self-detect and correct problems before your examiners find them. Also, train your staff, monitor and test your program, generate management reports and successfully respond to regulatory exams.
In the wake of high-profile data breaches and the resulting FFIEC Alert and Cybersecurity Assessment, financial institutions are expected to detect cybervulnerabilities, especially privileged user credential hijacking, and take prompt risk mitigation to prevent a cyberdisaster. FIS™’ CyberForce solution analyzes millions of records to detect critical vulnerabilities and trigger alerts for case management, forensics and risk mitigation action.
The FIS Center for Regulatory Intelligence publishes monthly Regulatory Intelligence Bulletins (RIBs) on cybersecurity and other topics related to Risk, Information Security and Compliance (RISC).
A consumer’s past financial behavior is the best indicator of whether they will represent a profit or loss to your financial services organization. That’s why FIS™ offers a suite of solutions that provide you with enriched intelligence to help mitigate risk and bridge the gap to financially underserved consumers.
Regulators expect financial institutions to have implemented an enterprise risk management (ERM) program that is robust and proactively identifies and mitigates risks before they become problems. FIS™’ Early Risk Manager solution can help you:
Monitoring, analyzing, detecting and preventing financial crimes are regulatory requirements, with expectations that a robust system be in place based on the institution’s risk profile. Non-compliance goes beyond monetary damage, impacting an organization’s reputation and viability. FIS™ offers solutions to help you streamline processes to fight fraud and maintain compliance with anti-money laundering and sanctions rules.
Most risks are short-lived, causing temporary customer dissatisfaction or production delays. But failing to manage strategic risk can impede meeting business objectives, affect shareholder value or even threaten the organization’s survival. FIS™ can help you identify, assess and manage these serious risks and take swift action.