Next Development of SMARAGD - The Anti-Finance Crime Suite

STUTTGART, Germany -

- All-in-one Solution for Combating Financial Crime

- Focuses on an All-Round, Risk-Based Approach

- SMARAGD MDS Monitoring & Detection System Supersedes S/Research

With its new SMARAGD Anti-Finance Crime Suite, Cellent Finance Solutions AG has bundled the solutions from the SMARAGD range into an integrated, all-in-one package for combating financial crime. This new development was realized in line with international standards and European legislation based on an holistic, risk-based approach. A new, standardized and internationally viable name assures the conciseness and distinguishability of the individual products. The suite currently comprises six solutions for combating different aspects of financial crime, such as money laundering, financing of terrorism and insider trading at financial service providers and insurance companies. The new systems have already been successfully rolled out at major international banks. The successor version of the mainstream solution, launched in 2000 under the name S/Research and continually developed ever since, now enters the market as SMARAGD MDS 4.0.

The SMARAGD Anti-Finance Crime Suite features a host of modules and functions for a state-of-the-art, integrative and centralized combating of money laundering and fraud in the globalized world of finance. The company has condensed more than ten years’ experience in combating financial crime into an integral product strategy developed at the cost of several million euros. Werner Guderlei, Head of Financial Crime Solutions at Cellent Finance Solutions, reports on the first experiences with the new suite: “Several renowned, international private banks have already implemented the SMARAGD Anti-Finance Crime Suite. The feedback following the pilot phase has exceeded our high expectations. Customers have confirmed a significant enhancement in functionality, in particular the optimized usability and a lower false-positives rate.”

The consistent look & feel and intuitive user navigation pave the way for efficient workflows. The new user interface enables the user to switch languages, and even supports calligraphic languages, such as Chinese or Japanese.

Press contact: Cellent Finance Solutions AG Werner Guderlei Head of Financial Crime Solutions E-mail: werner.guderlei@cellent-fs.de

Source: Cellent Finance Solutions AG

Press contact: Cellent Finance Solutions AG, Werner Guderlei, Head of Financial Crime Solutions, E-mail: werner.guderlei at cellent-fs.de