Facctum

We are happy to announce a new addition to the Facctum Family! 🚀 Prasanna Balaji Kumar B joins us as a Head of Product Management, bringing 17 years of diverse experience in International Trade, Anti-Money Laundering, and Screening Watchlist Management. He has held various portfolios in these domains, ranging from managing operations and products to leading strategic transformation initiatives. Prasanna loves his work as he believes it makes an impact in the financial crime surveillance domain. Apart from work, he loves to spend time with family and friends. He also likes to cook for his family and go on long rides. We look forward to achieving remarkable milestones together with Prasanna! #WelcomeAboard #FacctumFamily #Bangalore #ProductManagement #AML #WatchlistDataManagement 

Are you staying ahead in Sanctions Screening Compliance? In today’s world of stringent financial regulations, staying ahead of the curve with effective management information (MI) for sanctions screening is crucial. In our latest blog, Gaurav Singh, Chief Data & AI/ML Officer, sheds light on the significance of MI in staying compliant.  Gaurav explains how effective MI is crucial for maintaining robust sanctions screening processes. In this blog, you will learn about:  👉Key performance indicators (KPIs) and key risk indicators (KRIs) that can pinpoint gaps and improve compliance.   👉The role of AI and machine learning in revolutionising data analysis and risk management. Read the full blog now: https://lnkd.in/gCTXkBt9   Effective MI is not just about compliance – it’s a strategic advantage. Transform your sanctions screening program with Facctum today!  #FinancialCrimeCompliance #SanctionsScreening #ManagementInformation #RiskManagement #AI #ML #FaactumCompliancePlatform

We are eager to share that Facctum will be showcasing our unique solutions at the fifth edition of the Global Fintech Fest (GFF 2024) alongside some prestigious names in the Financial Crime Compliance industry. Join us at India’s largest fintech conference:    📅 28–30 August 2024  📍Jio World Convention Centre, Mumbai    We are excited to see you all there!  Stay tuned for more updates. #GFF24 #GlobalFintechFest #InnovationInTechnology #FintechInnovators #Mumbai 

Welcoming Akshay Ranade, who has joined us as a Data Engineering Lead in our Pune office!     After obtaining a B.Tech. degree (Electrical Engineering) from NIT Nagpur, Akshay completed his Master’s degree in Computer Science with Data Analytics from the University of York. He brings 12 years of rich experience in banking technology, with focus on data engineering, data science, and analytics.     Akshay’s passions do not stop with data-driven solutions or cutting-edge technologies. He is a cricket enthusiast, and he loves being outdoors: this includes trekking, riding (bikes), and even photography.      We wish to create long-lasting memories with Akshay and his team here at Facctum!     #WelcomeAboard #FacctumTeam #Pune #DataEngineering #Analytics #Technology

Financial Crime Compliance – an Investment! 💹 If you are a compliance officer, a banker, an economist, a journalist, or someone simply interested in how financial institutions are combating financial crime, then our latest blog is for you! Explore how Financial Crime Compliance (FCC) has evolved into a critical business function, driving the future of financial security. Read the blog to discover: 👉 The factors driving the shift towards proactive compliance. 👉 How advanced technologies like AI and ML are revolutionising compliance efforts. 👉 The importance of cooperation beyond geographical boundaries in combating financial crimes. 👉 Singapore's COSMIC initiative aimed at strengthening defences against money laundering. Learn why investing in robust compliance programs can not only ensure proactive compliance but also build a more resilient and trustworthy financial infrastructure. Don't miss out on insights that could transform your approach to FCC! Read the full blog here: https://lnkd.in/gnfdKr4G #FinancialCrimeCompliance #AML #Compliance #AI #ML #Facctum

We are happy to onboard another member to our Facctum team!     Madhu Padmanabha, joining us as a QA Intern, has an engineering degree in Electronics & Communication. He has also completed a software testing course and the skills he has gained include Java, Selenium (Automation), SQL, and API.     Apart from his love for learning, Madhu loves to play cricket and travel. He is also a fitness enthusiast who maintains a healthy lifestyle.      Join us in wishing him lots of learning and growth here at Facctum!     #WelcomeAboard #NewJoiner #Bengaluru #Facctum #QualityAssurance #Internship

Continuous monitoring of regulatory press releases and real-time updates of watchlist data with Facctum!    At Facctum, we understand the importance of staying ahead in this ever-evolving regulatory landscape. That's why we have developed FacctList with real-time sanctions list updates to ensure your compliance efforts are always up-to-date and robust. With FacctList, you ensure:   ✅ Continuous monitoring and real-time regulatory record updates  ✅ Full reconciliation for complete data accuracy  ✅ Attribute enrichment from press releases    Transform your compliance strategy with FacctList. Learn more about how our innovative features can benefit your organization: https://lnkd.in/g2Kf2DPA    #Compliance #RegTech #FinTech #FacctList #RealTimeUpdates #DataEnrichment #ContinuousMonitoring #FinancialCrimeCompliance

Event Update 📢 Facctum is excited to announce our participation in Financial Crime Compliance Awards, Capacity Building & Career Fair 2024! Join us on 23rd and 24th August 2024 at Ginger Hotel, Mumbai Airport (T1).  Participating in this Capacity Building & Career Fair, which is the first ever of its type in India, is a step towards collaborating with the industry and regulatory bodies to safeguard the financial ecosystem of India. We can’t wait to see you there! #Facctum #FinancialCrimeCompliance #AML #CapacityBuilding #RegTech #Mumbai #GingerHotels

Revolutionising AML Compliance with Customer Network Maps! Financial crime is becoming more sophisticated, and traditional AML practices are falling behind. In response, the UK FCA proposes an innovative solution: leveraging enterprise-wide customer data to create network maps for better financial crime detection. Extrapolating this insight, our latest blog by Gaurav Singh, our Chief Data & AI/ML Officer, delves into what a shift towards adopting master data management (MDM) looks like.   Curious about how this groundbreaking approach works and its potential challenges? Dive into this blog where Gaurav explores how customer network maps can transform financial crime detection and compliance efforts. Read the blog now: https://lnkd.in/g9ei2vRW Stay ahead of regulatory changes and elevate your AML strategy. Embrace the future with customer network maps and robust data governance!   #CustomerData #AML #ComplianceInnovation #FinancialCrime #DataManagement #CRM #RegTech

We are delighted to welcome Anuj Gupta to the Facctum family!    Anuj Gupta graduated from IIIT Gwalior this year and has completed two internships that have given him hands-on experience with MERN stack and AWS services. So, it is no surprise that he likes solving coding problems in his free time.      Aside from his passion for developing software, he enjoys a good game of cricket. He also loves watching web series and travelling and the combination of these two activities.      We wish him the best in his role as a Software Development Engineer 1 and are excited to grow together!     #WelcomeAboard #NewJoiner #Bengaluru #Facctum #SoftwareDevelopment #Technology