Financial institutions consistently fail to tackle financial crime effectively, despite more than £150 billion being spent on it each year. That’s because the controls and compliance measures put in place to detect these crimes are seldom specific or targeted to the actual threats, leaving organisations exposed to loss, regulatory action and reputational risks.
We believe in a different approach. By understanding the unique risks a financial institution is exposed to, they can identify exactly how they are being exploited, allowing them to put in tailored controls to mitigate those threats and ultimately drive operational efficiency.
Let’s take action together.
Top 10 financial crime risks 2022
Baringa is committed to reducing financial crime and the negative consequences it has on society.Read more
Screening customers efficiently
Our solution helps tailor watch lists to provide a configurable, user-friendly method of managing watch list content whilst improving the data quality.Read more
Reshaping financial crime measures across retail banking
The FCA have asked that all retail banks analyse their financial crime controls to identify areas of weakness.Read more
Customer screening: cutting through worthless alerts to get to what really matters
Baringa’s Watch List Optimisation tool prevents the generation of worthless alerts and reduces total alert volumes by up to 40%.Read more
Customer screening: watch list optimisation
Baringa's watch list optimisation solution provides a configurable, user-friendly method of managing watch list content.Read more
Customer screening: challenges and potential solutions
Our watch list optimisation tool improves the effectiveness of customer screening and minimises waste.Read more
Typify™ - more accurately detecting Financial Crime
Typify, Baringa's investigation and analytics product, creates a fit for purpose solution that is easy to use and implement.Read more