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Financial Crime

ValentaBPO NZ > Services > Financial Crime

Financial Crime


Companies offering financial services are increasingly depending on digital/ emerging technologies, towards offering efficient services to customers. While this is an inevitable shift, it also takes the possibilities of online crime to a new level. Crime in the financial space is no longer among the possibilities that could occur theoretically, but one that concerns all of us, here and now.

For financial institutions, the key areas of focus are initiatives such as KYC (Know Your Customer), and AML (Anti-Money Laundering). Organizations face newer, tech savvy competitors, reducing profit margins, and challenges in acquiring ‘genuine customers’. This urges them to put the required infrastructure and systems for financial crime compliance, in place. The result is a restructuring of their AML and KYC programs, with stringent rules for non-compliance.

We have proven experience in defining and managing AML and KYC operations for financial institutions worldwide, an aspect that attracts several clients in Fortune 500. We have supporting these enterprises in enhancing their operational efficiency, processes, and compliance.

We have on our team, Austrac authorised professionals with over 20 years of experience – financial crime consultants, financial crime specialists, technology experts and legal professionals working in synergy, to ensure your organisation stays up to date in terms technologies and compliance aspects.

Our solutions include:

  • Client lifecycle management (CLM) – We help financial institutions structure their client lifecycle operations, translating to enhanced client satisfaction, and reduced risk of operations.
  • Standardization and transformation of processes – We design and develop process standardization, process transitions, and enterprise-level transformations. We further analyze global data streams and workflows, evaluate current processes, set up standards, design blueprints, and deploy technology solutions across the enterprise.
  • Know Your Customer (KYC) services – Our KYC services encompass exhaustive due diligence processes, enabling financial organizations to centrally manage client
    on-boarding and access due diligence data, to meet regulatory requirements.
  • AML Center of Excellence (CoE) – We have the expertise to design, build, and operate CoEs and also help organizations optimize their existing AML CoEs, and global AML operations. To date, we have established CoEs for several reputed clients.
  • Alert remediation services – We conduct PEP (Politically Exposed Person) screening, and sanction screening, to analyze transactions across countries of operations and sanctioned establishments. We deploy proven screening methodologies and review alerts to locate and block false positives.
  • Technology services – Valenta has got into long term associations with leading players, to implement platforms for integrated AML lifecycle management. We conduct data gap analysis and identify sources to procure missing data, define extracts, transform and load (ETL) architecture. We offer SLA (Service Level Agreement) driven support for ETL services.
  • Fraud management – We help financial institutions monitor and prevent fraud. We have proven expertise in predictive modeling, strategic analysis, neural network technology and a deep understanding of fraud behavior, which we leverage to offer clients effective fraud management services.

Financial Crime Functions

  • Anti-Money Laundering & Counter-Terrorist Financing
  • Anti-Bribery and Anti-Corruption
  • Sanctions

Why Valenta Financial Crime

Financial crime is an intricate, multi-layered universe – an unclear, fragmented ecosystem that often includes activities that emerge from hostile regions, complex online environments, cutting-edge technologies and appliances. We have a good understanding of the modus operandi involved in such activities, the technologies/ platforms used, and the best possible ways to prevent such crimes. We work closely with experienced domain experts to offer our customers, the latest in technologies and compliance.

ISO certification

We are ISO 9001 certified for Quality Management Systems and ISO 27001 certified for Information Security.

No lock-in contract

Our contracts are simple with no lock in terms.

Dedicated team members

We will allocate a dedicated team member and reporting manager to your business. Our reporting managers will oversee quality and service delivery.

Customised solutions

We work will large corporate to small businesses. We can customise an outsourcing or captive solution to meet your requirements.

How does Financial Crime work

Valenta Financial Crime Solutions

Full Time Dedicated Financial Crime Analyst

40 hours per week

$ 2,500 /per month

Part Time Dedicated Financial Crime Analyst

20 hours per week

$ 1,250 /per month

Our Services

Need Help ?

Please feel free to contact us and we will get back to you within 1-2 business hours. Or just call us now

+64 226486521

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