Northland Solutions

Northland Solutions’ Compliance Alert software suite helps financial services companies protect themselves against financial crime. It takes a rules-driven, risk-based approach to the challenges presented by money laundering, fraud, internal fraud, the financing of terrorism and market abuse. Compliance Alert is an intelligent, integrated solution to these often overlapping areas, allowing you to focus efforts where most required. Compliance Alert provides you with the ability to detect potentially suspicious activity, inspect the resulting exceptions and, in so doing, protect your assets and reputation. It offers a single point of consolidation for all investigations throughout the organisation. Cases detected by Compliance Alert monitoring rules can be combined with manual reports, list checking from external sources (e.g. OFAC, Complinet, WorldCheck) and internal lists. This gives a “cockpit” summary of all cases under investigation with full audit trail of their processing. The extensive, yet flexible data model is designed to minimize integration costs, whilst maintaining adaptability. More than 100 pre-built parameter-driven detection rules are provided as standard – these are wide-ranging and flexible; built around likely financial crime typologies, designed to meet current and future legislative requirements. Highly evolved investigation workflow that manages each exception in an intuitive environment that is integrated with the customer’s standard Office applications. A reporting tool is included for easy creation of management information reports on all data and activities. Compliance Alert is in use globally by a broad spectrum of financial services companies at over 66 locations in 25 countries. The solution has a proven successful track record, is quick to deploy and simple to manage.