XM3 for Banking
Premier detection, prevention and risk management platform for financial institutions with real-time architecture, easy integration and streamlined functionality to fit any institution size.

Haydrian's XM3 utilizes powerful analytics integrated with internal and external operational systems to trigger alerts and actions. This innovative technology integrates non-intrusively with primary data sources, avoiding the need for complex architectures that require unnecessary data replication.

Key Features

• Know Your Customer (KYC)

  Powerful data validation and cleaning workflow and information archiving features designed by Haydrian’s world-renowned regulatory experts and financial services executives

• Watch List Name Checking with Phonetic Compression

  Very accurate and high performance matching of names from different languages based on phonetics and language specific attributes.

• Unusual Behavior Detection

             Looks for unusual and suspicious patterns in customer and transactional activity

• Peer Groups Comparison

  Provides ability to compare customer activity to peers as well as consolidate customers into logical entities

• Work flow and Investigation

  Provides case management workflow with permissions and data access control

• Reporting

  Provides rich diversity of management reports as well as regulatory reports

Key Design Points

• Accuracy

  Lower false positives and false negatives, better information for management of both risk and the compliance process and support of the investigation process

• Flexibility

  Easily manageable and extendable according to the institution’s needs. Ability to integrate several data sources, including SWIFT

• Scalability

  XM3 can scale up or down, according to the institution's needs and provide excellent performance results

• Security

  A system that is difficult to compromise  and easy for senior management to control

• Affordability

  Very efficient and productive AML monitoring and compliance with little IT support and lower Total Cost of Ownership (TCO)

  Example of Detection Models

• Know Your Customer (KYC)
• Watch List Checking 
• Historical Behavior Profiling
• Peer Groups Comparison
• Structured Cash and Equivalent Activity
• Flow Through of Funds
• Circulation of Funds

Risk Analysis Server
At the heart of XM3 is the Risk Analysis Server (RAS), an analytic engine based on technology that Haydrian has developed specifically for Anti-Money Laundering. The RAS has been designed from the ground up to execute analytics on large data streams from operational systems without requiring a data warehouse. XM3's powerful analytical capabilities monitor customer records and promptly detect suspicious activities, triggering alerts and initiating actions within operational applications. Upon detection of suspicious activity, XM3 submits an alert report to the appropriate analyst for review and action.

Haydrian XM3 Anti-Money Laundering Program

XM3 Case Manager

• XM3 Manager facilitates the organizational processes of internal review and investigation into alerts, evidence gathering evidence and preventive action
• Investigators are presented with comprehensive risk scored and filtered alerts, each accompanied with all the supportive information gathered by XM3 including details of the actions already instigated by the system
• Investigators can drill down into the data related to each alert and correlate alerts to cases providing full picture view, allowing investigators to choose preventive actions accordingly
• The Case Manager also provides a powerful workflow engine that allows cases to be processed, reviewed and approved by the proper Compliance personnel
• The Case Manager is a powerful web-based application tool which may be accessed via secure intranet or internet connection

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The Haydrian Value Proposition

• Business Value - Premier detection, prevention and compliance platform for financial institutions
• Investment Protection - seamless non-intrusive integration with current and future core applications
• Customizable, selectable detection modules
• On-line, browser-based Case Manager
• Lower Total Cost of Ownership (TCO)
• No losses in productivity or added burden of costly retraining. No data duplication
• Multi-language availability
• Local, fully-trained XM3 support