Financial crime compliance specialist Napier has launched Napier Continuum, its financial crime risk management platform, in the Japanese market.
According to Napier, the product will be available in the Japanese market thanks to a partnership with Japanese firm GRCS.
GRCS provides expertise and solutions in governance, risk management, compliance, and security to regulated Japanese firms. The partnership with the company will see GRCS reselling, implementing and supporting locally Napier Continuum, its advanced financial crime risk management platform.
The move forms part of Napier’s strategy to secure partnerships and third-party alliances worldwide, in a strategic push to incorporate the expertise of regional partners to deliver tailored services in line with local regulations, risk landscapes, and implementation requirements.
Napier’s Head of APAC Robin Lee said, “With the complex regulatory environment in Japan, technology solutions like Napier Continuum are exactly what the market needs to keep up with the ever-evolving challenges of combatting financial crime. Through this partnership, we can better serve Japanese customers and significantly enhance their compliance capabilities.”
The platform provisions access to the firm’s suite of financial crime compliance products including transaction monitoring, screening, and risk assessment tools, with full STP to third-party and proprietary applications such as AML, KYC, fraud and CRM systems.
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Copyright © 2018 RegTech Analyst