BAE Systems expands European presence with 10-year NetReveal contract with leading Spanish bank, Bankinter
This feature is upgradeable
For End Users
You can activate this feature and other links for ALL VENDORS with a VendorMatch Premium subscription. Additionally you can gain access to an increased depth of data, summary reports, RFX reports (detailed completed RFIs - available to financial institutions only) and comparison grids. Please click here for more information.
For Vendors
Vendors can activate their links and gain access to analytics by upgrading to VendorMatch PRO. Please click here for more information.
Speak with an analyst
Financial institutions and their advisors can subscribe to our Analyst Access* service. Effectively phone or (email) a friend you can have on tap advice and support provided by our analysts on this vendor, solution or solution category.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information.
or contact us to discuss a subscription.
Subject to reasonable use.
Survey Summary
The Survey Summary provides a download of the vendor profile, solution profile and the VendorMatch Discovery survey vendor responses used to power the directory. All responses are provided by the vendor online.
Note that this report is a high level summary of the vendor's credentials and a solution's capabilities designed to assist with solution short-listing. The RFX report is the more comprehensive Request For Information report designed to support evaluation and selection, this will only show where the vendor has completed the "RFX" RFI.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information on Premium features or contact us.
RFX Report
The RFX report is an XLS download of the Vendors response to the “RFX” Request for Information for this solution.
The RFX is a centralized golden copy of a RFI authored by our analysts based on their expertise in running real-life system evaluation and selection projects and completed by the vendor online.
Note to protect vendor that only Financial Institutions and recognized Advisor can subscribe to this feature.
In each instance the first time the link is used the user requests permission to access the RFX report and it is the vendor who is required to authorizes access. You will be alerted when the vendor has reviewed your request and granted permission.
HOW TO SUBSCRIBE
Please click here for more information on Premium features or contact us.
To learn more about subscribing to our service options, please contact us here
Anti-financial crime arm of BAE Systems to provide compliance suite to combat money laundering
Anti-financial crime arm of BAE Systems to provide compliance suite to combat money laundering
1 September 2020 – BAE Systems Applied Intelligence has signed a 10-year contract to provide the NetReveal Compliance Suite to leading Spanish financial institution, Bankinter, in a deal which cements its growing footprint in European markets.The contract has expanded the bank’s partnership with BAE Systems Applied Intelligence, the financial crime prevention and cyber security arm of BAE Systems group. Bankinter has successfully used the NetReveal Watch List Management Transaction Filtering solution for the past three years and required a trusted partner to help improve the detection of money laundering and terrorism financing as part of its compliance requirements.The full NetReveal suite will support the bank’s compliance and financial crime strategy with market-leading technology. It will help improve the efficiency and accuracy of regulatory reporting and reduce false positive rates and offers compliance teams the ability to seamlessly manage alerts via a 360º view of each customer, enhance agility in on-boarding and daily customer due diligence processes. NetReveal combines cutting-edge machine learning and predictive entity-level analytics with advanced link analysis technology to provide crucial threat insights to financial institutions. Global customers benefit by streamlining business processes, enhancing competitive advantage and minimising compliance-related risk. As one of the world’s leading technology companies protecting Financial Institutions against Financial Crime, Garry Harrison, Managing Director Financial Services, BAE Systems Applied Intelligence said: “This is the latest in a long line of deals won over the past two years in Spain, demonstrating our strong growth across Europe. Consolidating all of its compliance requirements onto NetReveal is a huge vote of confidence from Bankinter.With over two million customers across Europe, Bankinter needed a partner it could trust and a robust platform with proven capabilities. We look forward to driving continued value for the firm over the coming years as the regulatory environment and market demands continue to evolve.”The compliance solution will initially be deployed in Spain to serve the bank’s businesses across Spain and Portugal, including its consumer finance business.