VLinguistics

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Viveo VLinguistics is a compliance screening module.

VLinguistics is a highly effective compliance screening module that combines IBM´s Global Name Recognition (GNR) technology with Viveo´s state-of-the-art fast and accurate detection and false-positive reduction technology.


Characteristics


  • Ability to detect risks beyond the current compliance standards.

  • Detects hits that would be missed using more traditional methods such as soundex, literal, lexical, relaxed pattern matching, or character based literal screening.

  • Significantly increase the level of detection by understanding how different dialects and cultural nuances affect name variations.

  • Only name recognition technology recognized by the US Department of Homeland Security as “anti-terrorist technology”.

Advantages


  • VLinguistics is able to reduce your false positive rate by 75%, reducing it from the industry average of 0.6% to 0.1%. This results in a corresponding reduction in operation costs, compliance operator’s number and missed transaction “cut-off” times.

  • IBM´s GNR product is the result of over 20 years of intensive research and data collection resulting in a 1 billion name repository

  • Besides being able to use Viveo’s own screening engine, VLinguistics can be added to other screening engines significantly reducing the amount of false positives while markedly improving the level of detection.

 
"As the Bank rapidly grows its franchise in China and the region, the challenges of AML compliance also increase and we therefore are pleased to be working with Viveo in delivering a solution that should help us meet those challenges."

Roy Huang
Executive Vice President, CITIC Ka Wah Bank
"Our Payments Transformation Programme has benefited significantly from Viveo's payment automation tools, experience and expertise."

Bob MURPHY
Head of Global Programmes GTB, HSBC