Boosting Operations and Investigations of SWIFT and Non-SWIFT Financial Data

In a collaborative partnership with the top eight tier-1 financial institutions located in the US, Canada, France, the UK, and Singapore, we provided a custom messaging solution that is designed to streamline operations.

With processes now operating at a higher level, our partnership with the banks helped in elevating the services they offer to individuals, businesses and governments.

The top eight tier-1 Corporates and Investment Banks serve as crucial pillars within the financial landscape and provide a foundation for other institutions.

These esteemed banks offer a comprehensive range of banking and financial services, catering to diverse regions and supporting individuals, businesses and even government institutions. Their overarching goal is to foster growth and drive economic advancement.

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Solutions

The top eight tier-1 financial institutions successfully implemented the Eastnets Messaging Warehouse. The solution was seamlessly integrated with more than four different message source instances per institution, enabling the daily loading of over 7 million messages.

These implementations centralised all the institutions’ data into the Messaging Warehouse, ensuring secure access to over 1500 users. 

  • The Eastnets Messaging Warehouse system delivered significant results and benefits, including:

  • Complete Visibility and Control

    The institutions each gained a comprehensive view of all financial data sources in a single platform. Real-time monitoring and alerting capabilities provide continuous oversight of live activities, ensuring proactive management and response.

  • Improved Operational Efficiency

    Manual processes were automated, reducing the time and effort required to manage messaging activities.

  • Enhanced Decision-Making

    Real-time data extraction empowers the institutions to access the necessary information when it is needed most.

  • Efficient Message Processing

    The institutions experience a more efficient message processing, resulting in cost savings and improved service levels.

  • Scalability

    Eastnets Messaging Warehouse demonstrates its scalability by supporting the institutions’ yearly growing volumes.

Results

Complete visibility

and control of all financial datasources.

Enhanced decision-making

with real-time data being available when it was needed most.

Products used

Messaging Warehouse

Mais Yasen Product Manager at Eastnets

As the top eight tier-1 banks worldwide, these institutions play crucial roles in the economy. Eastnets Messaging Warehouse services provided them with enhanced access to their transactions. By combining operations, extraction and investigations in a unique way, we were able to minimise their risks and help them achieve significant operational cost savings. This solution represents the future of financial data warehousing across the world.

The next products in your Anti Money Laundering journey

Eastnets products are toolsets designed to work together for maximum protection and security. Stacking our products into a modular solution that fits your exact needs is highly recomended to reduce financial crime, fraud and other nefarious acts that could compromise your network.

Arrange a demo

Our fraud and compliance experts are ready to help build you a custom solution. Book a demo with our team today and start your journey to compliance bliss.

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