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FIS Compliance Management from FIS Global
A comprehensive compliance solution designed to help banks manage regulatory obligations, automate compliance processes, and mitigate risk with robust reporting and analytics capabilities.
Product analysis by function
Compliance Management for Compliance
Platforms for managing the overall compliance program, including policy management, training, and regulatory change management.
More Compliance Management
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Regulatory Compliance Monitoring
(8 Yes /8 Known /10 Possible features)
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Automated Regulatory Updates The software automatically identifies and updates users about new or changing regulatory requirements. |
FIS Compliance Management advertises automated tracking of new and changing regulatory requirements, indicating automated regulatory updates. | |
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Jurisdictional Coverage The number of jurisdictions or geographies the compliance system supports for regulatory monitoring. |
No information available | |
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Rule Engine Customization Ability to customize business rules based on specific regulatory requirements for different regions or product lines. |
Marketing materials highlight customizable rule engines for different products and geographies. | |
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Real-time Alerting The system provides real-time alerts on compliance breaches or critical regulatory changes. |
Real-time alerting of compliance breaches or regulatory changes is listed as a product capability. | |
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Regulation Repository Includes a central library of all relevant regulations and historical changes. |
A central repository for regulations and changes is described in product overviews. | |
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Audit Logs for Regulation Changes Tracks all updates or changes made to regulatory rules within the software. |
Audit logging and tracking of all regulatory rule changes is a standard auditing feature listed in documentation. | |
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API Integration with Regulatory Bodies Ability to integrate directly with regulatory authority APIs for automated updates. |
FIS highlights integrations with regulatory APIs and authority feeds for update automation. | |
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Granularity of Compliance Checks Level of detail at which compliance checks can be performed. |
No information available | |
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Threshold-based Triggers Set specific thresholds that trigger compliance workflows or alerts. |
Policy and reporting modules mention configurable thresholds for workflow and alert triggers. | |
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Historical Compliance Data Analysis Analyze historical compliance monitoring data for trends or recurring issues. |
Historical compliance data and analytics on regulatory performance are included in feature set. |
KYC & Customer Due Diligence
(7 Yes /7 Known /11 Possible features)
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Identity Verification Tools Automated checks to verify customer identification documents and biographical data. |
Product supports KYC with automated identity verification checks. | |
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Sanctions List Screening Screen customers against local and global sanctions and watchlists. |
Sanctions and watchlist screening is included as a standard KYC/AML component. | |
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Politically Exposed Persons Database Integration Checks customer status against PEP databases. |
Supports integration of PEP database checks for onboarding and screening. | |
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Customer Risk Scoring Automatically assigns a risk score to customers based on KYC data. |
Automated customer risk scoring engine referenced in KYC/AML solution docs. | |
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CDD Workflow Automation Automates collection, verification, approval and periodic review of CDD documents. |
Automates collection and verification of due diligence documentation. | |
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Remediation Task Management System for tracking and managing KYC/CDD remediation tasks. |
. | No information available |
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Document Expiry Alerts Notifies users of expiring KYC/CND documentation. |
. | No information available |
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Batch Processing Capabilities Number of simultaneous KYC/CDD checks that can be processed. |
. | No information available |
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Dynamic Questionnaire Generation Generates tailored questionnaires for enhanced due diligence cases. |
. | No information available |
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Ongoing Monitoring and Screening Continuous monitoring of customers for risk changes after onboarding. |
Ongoing customer monitoring and screening is part of the compliance and KYC modules. | |
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Data Retention Controls Ability to configure and automate data retention policies for KYC records. |
Data retention policies are configurable for all KYC records as per compliance standards. |
Anti-Money Laundering (AML)
(7 Yes /7 Known /11 Possible features)
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Transaction Monitoring Engine Tool that scans transactions for suspicious patterns and generates alerts. |
A transaction monitoring engine is a key claim of the anti-money laundering (AML) toolset. | |
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Rule-based Scenario Builder Create and customize AML scenarios and rules for detection. |
Customizable rule-based AML scenario builder is available for clients. | |
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AML Case Management Tracks investigation and disposition of flagged AML cases. |
Case management for AML investigation is a core workflow described. | |
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Automated SAR (Suspicious Activity Report) Generation Automatically generates SARs for submission to regulators. |
Automated SAR (Suspicious Activity Report) creation and e-filing is supported. | |
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False Positive Reduction Tools Algorithms or features that help reduce unnecessary AML alerts. |
Toolset for false positive reduction is part of FIS's reporting and alerting claims. | |
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Real-time Screening Speed The average time it takes to screen and process AML checks on transactions. |
. | No information available |
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Integration with Payment Gateways Allows AML engine to monitor all transaction types by integrating with payment and core banking systems. |
Integration with payment gateways/core systems for AML is prominent in documentation. | |
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Peer Group Analysis Analyzes behavior compared to similar entities to detect anomalies. |
. | No information available |
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Behavioural Analytics Uses AI or statistical models to detect unusual customer activity. |
. | No information available |
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Multi-currency & Cross-border Transaction Detection Supports AML checks for international and multi-currency transactions. |
. | No information available |
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Audit Trail of AML Actions Maintains an auditable log of all AML decisions and actions taken. |
Comprehensive audit trails for AML compliance activity are featured. |
Audit & Reporting
(6 Yes /6 Known /10 Possible features)
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Automated Audit Trails Captures comprehensive logs of all user and system activity. |
Automated audit logs for user and compliance activity are emphasized. | |
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Customizable Report Generation Users can define and generate compliance reports tailored to specific regulatory or management needs. |
Reports can be customized, and custom templates are offered for regulatory reporting. | |
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On-demand Data Export Export of data for reporting or further analysis in multiple formats (CSV, PDF, etc.). |
On-demand data export to CSV, PDF, and other formats is supported. | |
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Scheduled Reports Ability to schedule regular reports for compliance review. |
Product description includes automated and scheduled report delivery. | |
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Automated Regulatory Filings Direct transmission of required reports to regulators via electronic means. |
Electronic regulatory filings are supported via integrated systems. | |
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Report Customization Limits Maximum number of custom report templates users can define. |
. | No information available |
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Data Retention Period Configuration Defines the configurable period for which audit log data is retained. |
. | No information available |
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Exception Reporting Automatically highlights areas of concern or compliance failure in standard reports. |
. | No information available |
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Interactive Dashboards Provides visuals and metrics on compliance status in real-time. |
Real-time interactive dashboards are repeatedly mentioned in product materials. | |
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Audit Evidence Attachments Ability to attach supporting documentation to audit actions within the tool. |
. | No information available |
Workflow Automation
(4 Yes /4 Known /10 Possible features)
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Custom Approval Flows Ability to design custom multi-stage approval workflows for compliance-related actions. |
Workflow automation includes design and configuration of multi-level approvals. | |
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Task Assignment Automation System automatically assigns tasks to the appropriate personnel based on business rules. |
System can automatically assign tasks based on roles and rules. | |
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Automated Remediation Actions Automates corrective actions for non-compliance or task failures. |
. | No information available |
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Escalation Management Rules and mechanisms for escalating unresolved or overdue compliance actions. |
Escalation management for overdue/unresolved tasks is called out in workflow features. | |
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Notification Engine Automated sending of alerts and reminders via email, SMS, or in-app messages. |
Integrated notification engine for alerts and reminders via multiple channels is referenced. | |
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Workflow Templates Library Pre-built templates for common compliance workflows. |
. | No information available |
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SLAs for Compliance Tasks Ability to define Service Level Agreements for completion of compliance actions. |
. | No information available |
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Parallel Processing Capabilities Number of workflow tasks that can be handled simultaneously. |
. | No information available |
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Auditability of Workflow Changes Tracks and records all changes made to workflow structures. |
. | No information available |
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Workflow Version Control Maintains a history of workflow iterations and allows rollbacks. |
. | No information available |
User Access & Security
(5 Yes /5 Known /10 Possible features)
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Role-based Access Controls Only authorized users can access sensitive compliance functions. |
Role-based access controls are a required feature for regulated workflows and mentioned. | |
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Multi-factor Authentication Requires users to provide multiple credentials for added security. |
Multi-factor authentication support is part of the platform security documentation. | |
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Granular Permission Management Define fine-tuned permissions at the user or group level. |
. | No information available |
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Single Sign-On Integration Supports authentication with enterprise SSO providers. |
Support for enterprise SSO is indicated for larger institutions. | |
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Session Timeout Settings Control the time of inactivity before automatic logout. |
. | No information available |
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User Authentication Logs Activity logs tracking all login attempts and access times. |
. | No information available |
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Security Certification Compliance System adheres to security standards such as ISO 27001 or SOC 2. |
FIS Compliance Management advertises compliance with standards like ISO 27001/SOC 2. | |
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Encryption of Data at Rest and in Transit All sensitive data is encrypted both in storage and during transmission. |
Offers encryption for data at rest and in transit, per product security claims. | |
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User De-Provisioning Automation Automatically removes access for users who no longer require it. |
. | No information available |
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Access Request Workflow Automated requests and approvals for elevated access to compliance modules. |
. | No information available |
Data Management & Quality
(7 Yes /7 Known /10 Possible features)
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Centralized Data Repository All compliance-related data is housed in a unified location. |
Centralized data repository for compliance data is a core architecture aspect. | |
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Data Validation Rules Business rules that verify input and output data accuracy. |
Uses business rules to validate input/output data quality (data validation rules). | |
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Automated Data Cleansing Automatic identification and correction of incomplete, inaccurate, or irrelevant data. |
Data cleansing is automated to correct/flag poor quality data. | |
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Data Lineage Tracking Tracks the origin of compliance data through its lifecycle. |
. | No information available |
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Data Quality Score Measure of completeness and accuracy across data sets. |
. | No information available |
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Duplicate Data Detection System flags redundant or duplicate records. |
Duplicate data detection touted for data integrity in marketing sheets. | |
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Automated Backups Regular, automated data backups for disaster recovery. |
Automated, scheduled backups for compliance and continuity. | |
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Data Encryption Applies industry-standard encryption to protect all data. |
Product includes industry-standard encryption for all compliance data. | |
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Data Masking for Sensitive Fields Hides sensitive information from unauthorized users. |
. | No information available |
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Data Export/Import Capabilities Allows bulk movement of compliance data into and out of the platform. |
Bulk import/export capabilities are advertised for integration and reporting. |
Integration & Interoperability
(5 Yes /5 Known /10 Possible features)
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Core Banking System Integration Connects compliance tools directly to core banking platforms. |
Integrates directly with core banking systems, per solution architecture details. | |
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Open APIs Provides public and/or private APIs for third-party integration. |
Provides open APIs for integration with third-party tools. | |
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Third-party Data Feeds Supports integration of external data sources (e.g., credit bureaus, sanctions databases). |
Product highlights third-party data feed integration for sanctions/PEP lists and others. | |
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Plug-in Architecture Supports adding external modules for expanded functionality. |
. | No information available |
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Event Notification Webhooks System can send real-time notifications to external systems. |
Supports real-time event notification via webhooks and integration mechanisms. | |
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Bulk Data Synchronization Speed Maximum rate at which large data volumes can be synched. |
. | No information available |
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Interbank Network Compatibility Supports compliance functionalities across multiple banking platforms/networks. |
Compatibility with multiple banking networks is indicated for broad client base. | |
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Document Management System Integration Links with DMS for seamless access to compliance documentation. |
. | No information available |
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Email System Integration Ability to communicate compliance alerts and notifications via email systems. |
. | No information available |
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Legacy System Compatibility Supports interoperation with older banking systems. |
. | No information available |
User Experience & Accessibility
(7 Yes /7 Known /10 Possible features)
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Intuitive User Interface Designed for ease of use and fast task completion. |
Modern UI with a focus on ease-of-use and efficiency for compliance users. | |
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Multi-language Support Platform supports multiple languages for global teams. |
Product is deployed globally and multi-language options are referenced. | |
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Accessibility Compliance Adheres to accessibility standards such as WCAG for users with disabilities. |
No information available | |
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Role-based Dashboards Custom views for different user roles within the compliance process. |
User dashboards can be configured by role, assisting task focus in workflows. | |
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Mobile Access System accessible via smartphones and tablets. |
Mobile access is available for users on the go, as described in product datasheets. | |
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User Onboarding Tutorials Integrated help and tutorial features for training new users. |
Offer user onboarding tutorials and self-paced help for new users. | |
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Task Completion Metrics Average time taken by users to complete standard compliance tasks. |
. | No information available |
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Customizable Homepages Ability for users to set personalized dashboards or landing pages. |
. | No information available |
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Search and Filter Tools Advanced search and filter functions to locate compliance records and tasks. |
Search and advanced filters provided for compliance records and investigation. | |
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In-app Support/Chat Built-in channel for user support or live chat. |
In-app support channels and live chat available for user assistance. |
Training & Knowledge Management
(9 Yes /9 Known /10 Possible features)
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Integrated Policy Library Central repository for compliance policies and procedures. |
Central repository for internal/external compliance policies is included. | |
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Automated Training Reminders Notifies users when required training is due. |
Automated reminders for training and compliance are included. | |
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E-learning Module Integration System supports in-app or linked e-learning for compliance training. |
Integration with e-learning modules is referenced in the training suite. | |
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Training Completion Tracking Tracks which users have completed mandatory training. |
Training tracking and completion management for compliance is available. | |
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Certification Records Management Stores and manages certifications or proof of completion for compliance training. |
Certificate and proof-of-completion management is offered in compliance training module. | |
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Policy Version Control Tracks updates and maintains historical versions of compliance documents. |
Policy version control and audit history available for compliance documents. | |
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Knowledge Base Search Advanced search functionality for the knowledge repository. |
Robust search for internal policy and training knowledge base provided. | |
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Quiz/Assessment Tools Integrated tools for testing user understanding of compliance topics. |
Build-in quiz/assessment tools for testing user understanding of policies. | |
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Multi-media Content Support Supports multiple formats (text, video, audio) for training content. |
Training materials include support for multiple content formats. | |
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Feedback Collection from Training Enables users to provide feedback on training quality. |
. | No information available |
Continuous Improvement & Risk Management
(9 Yes /9 Known /10 Possible features)
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Compliance Risk Assessment Tools Enables assessment of compliance risk at entity, product, or process levels. |
Compliance risk assessment and analytics is core use case in risk management modules. | |
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Automated Gap Analysis Automatically identifies gaps in existing compliance controls. |
Product supports automated gap analysis for compliance controls. | |
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Corrective and Preventive Action (CAPA) Tracking Tracks completion and effectiveness of corrective actions. |
Tracks compliance tasks and corrective actions through completion. | |
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Compliance Calendar Central calendar for deadlines related to regulatory filings or policy reviews. |
Compliance calendar tracks key filing/policy deadlines. | |
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Incident Management Logs and manages remediation of compliance incidents. |
Incident management and remediation workflow is included in system. | |
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Heatmap Generation Visualizes areas of compliance risk across entities or processes. |
Risk visualizations, such as heatmaps, are part of reporting and dashboards. | |
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Automated Remediation Recommendations Provides suggestions for closing compliance gaps. |
System provides suggested remediation actions where compliance gaps are detected. | |
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Continuous Control Testing Frequency The number of control tests the system can run automatically on a periodic basis. |
. | No information available |
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Key Risk Indicator (KRI) Monitoring Monitors leading indicators for early warning of compliance risks. |
Supports key risk indicator (KRI) monitoring as part of ongoing risk assessment. | |
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Management Review Dashboard Special review dashboards for compliance managers or auditors. |
Dashboard for compliance management review is referenced throughout materials. |
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