RegTech Platform for Real-Time Compliance Monitoring and Reporting
Client
A European neo-bank expanding into APAC and Latin America, needing automated compliance tools to meet multi-jurisdictional regulatory obligations (FATCA, AML, PSD2, MAS, etc.).
Business Challenge
- Manual compliance processes with Excel-based checks slowed down reporting.
- Frequent audit penalties due to delayed or incomplete SAR (Suspicious Activity Reports).
- Lacked a centralized, real-time view of policy breaches or suspicious behavior.
Objectives
- Build a centralized compliance monitoring engine.
- Automate KYC, AML, and PEP screening workflows.
- Integrate real-time audit trail generation with customizable thresholds and alerts.
Enable multi-region regulatory compatibility.
Solution by Tech4Biz
1. Automated Rule Engine for KYC/AML
- Designed a no-code compliance rule builder with dynamic thresholds.
- Integrated with 20+ external KYC/PEP databases via API (LexisNexis, WorldCheck).
- Supported batch and real-time onboarding (via Kafka).
2. Real-Time Transaction Monitoring
- Used Apache Flink to process transactions in-stream for AML flags.
- Added fuzzy logic + AI classifiers to reduce false positives in sanctions screening.
3. Intelligent Audit Trail Dashboard
- All events (flags, overrides, rule changes) were version-controlled and timestamped.
- Created report templates for MAS, RBI, FCA, and SEC, generated on-demand or scheduled.
Results & Impact
| Metric | Before | After | Improvement |
|---|---|---|---|
| Compliance Reporting Time | 7–10 days | < 3 hours | 98% faster |
| False Positives (AML) | 22% | 5% | -77% |
| Regulatory Penalties | €230K/year | €0 in 12 months | Eliminated |
| Audit Response Time | 2–3 days | Instant dashboard | Drastically improved |
Tools & Tech
- Data Stream Processing: Apache Flink, Kafka, Debezium
- Databases: PostgreSQL (audit), Neo4j (entity link graphs)
- APIs: WorldCheck, LexisNexis, Acuris
- Security: OAuth2.0, Vault, GDPR-compliant anonymization
- Infra: Azure Government Cloud, Kubernetes
Key Differentiators
- Multi-country regulatory templates in one compliance logic engine.
- AI-enhanced name matching & anomaly detection across entity relationships.
- Full audit-trail ledger for forensic and legal defense.