Monday, June 08, 2020

Financial crime in Africa: CWG seals strategic partnership with Clari5 - ITREALMS

ITREALMS:

The leading information technology company CWG, is partnering with Banking Enterprise Financial Crime Risk Management products company Clari5 to jointly assist African banks combat enterprise fraud and money laundering, reports ITREALMS.

The Group Chief Executive Officer (GCEO), CWG, Adewale Adeyipo, confirmed this on Monday, June 8, noting that through this strategic partnership, CWG and Clari5 will provide solutions to African banks to counter enterprise-wide fraud and money laundering risk.

“Banks across Africa can now benefit from the unparalleled advantages of Clari5’s extreme real-time, cross channel, enterprise-wide fraud risk management capability,” he said, stressing that they are excited to partner with Clari5.

He also said that the pan-African fraud and money laundering landscape has become alarmingly sophisticated over the last few years and clearly banks are seeking more efficient solutions to combat the scourge.

“But dealing with the new reality is beyond the league of conventional, siloed anti-fraud solutions. With Clari5, banks now the power of a world-class enterprise-wide real-time financial crime management solution that has been changing the way banks fight financial crime,” Adeyipo said.

Clari5 CEO, Rivi Varghese, said they believe that the best way to combat fraud and money laundering is with a solution that could behave like the human central nervous system to synthesize intelligence from across all channels of the bank in that very moment when it matters most.

“Clari5’s proven real-time product capability in thwarting financial crime, coupled with CWG’s unparalleled market reach and rich legacy of engagement successes makes it a compelling value proposition for innovative African banks to prevent bottom-line losses to financial crime. We are both proud and delighted to partner with CWG – the legendary African technology leader,” Varghese said.

ITREALMS gathered that CWG with over two decades behind its establishment is an ISO 9001 certified technology conglomerate setting benchmark for technology and service excellence on the continent by consistently delivering service excellence using global best practices.

In addition, CWG which commenced operations in Nigeria in 1992 as Computer Warehouse Limited primarily to cater to hardware projects, had in 1994, CWG established DCC Networks as its communications arm to provide VSAT, Metropolitan, Wide / Local Area Networks to corporates. In 1997 CWG acquired Expert Edge Software to address demands in software solutions, systems and training.

In 2003, the company established a Ghana branch for the needs of the West African region and in 2005 CWG was incorporated to provide centralized management to make its subsidiaries leaner, efficient and more customer-centric.

In 2012, CWG merged with its three subsidiaries. In pursuit of its pan-African vision, CWG established other regional offices in East and Central Africa - CWG Uganda Limited (2010) and CWG Plc Cameroon Limited (2012). In 2013, CWG became a Public Company and listed its shares on the Nigerian Stock Exchange. The listing boosted the market capitalization of the NSE by about N14 billion, making it the highest market capitalization for ICT. It also marked the first listing on the exchange after the launch of its X-Gen trading engine that is also used on NASDAQ. www.cwg-plc.com

Equally for Clari5, ITREALMS gathered is an endorsed category leader in Financial Crime Risk Management Systems for Enterprise Fraud by Chartis Research, Winner of IBS Intelligence Global Fintech Innovation Award, Best Fraud Detection Product Award by Risk.net and ranked consistently in global RiskTech and Regtech Top100 rankings and quadrants, Clari5 redefines real-time, cross-channel banking Enterprise Fraud Management using a central nervous system approach to fight financial crime.

“Clari5 uses a ‘human brain like’ approach to fraud that synthesizes intelligence enterprise-wide and delivers contextual insights in real time to stop fraudulent transactions. Clari5 is a bolt-on system, requires no replacement and features a compact implementation cycle with extremely quick ROI. Harnessing the combined power of Automation, AI, ML, Decision Sciences & Real-time Decisions, Clari5 processes over 10 bn transactions, manages over 500 mn accounts and reliably secures 4 per cent of the global population’s banking transactions.

With 200 million accounts at a single site, Clari5 has the world’s largest implementation of a fraud management solution. Marquee banking customers across 15 countries who trust Clari5 for driving their fraud management strategy are recipients of premier global industry acclaim, including IBS Intelligence’s Global Fintech Innovation Award for Most Innovative use of AI and ML, The Asian Banker Operational Risk Technology Implementation of the Year Award and Celent’s Model Bank of the Year.

Nenye Dom/Editor

*JOIN our alert's group | Share stories with us | Advert placement: WhatsApp | SMS: +2348033592762 *Twitter: @ITREALMS *Email: itrealms.dsa@gmail.com*

*
Pix: Mr. Adewale Adeyipo CEO CWG Plc

63 comments:

Samantha Johnson said...

I think you contribute diverse exertion and essentials resuscitating your site. I have bookmarked it and I am investigating examining new articles. The report reveals the scale of the challenges society faces in fighting financial crime, with its impact felt well beyond large companies. The human cost of financial crime is also significant. You have mentioned everything in a very detailed manner. Keep up the good work like this.

- Samantha Johnson
Writer @ Cheap essay writing service

Fahmidah Khatoon said...

Whether you need academic assistance in essay writing or assignment writing all you need to do is visit online assignments websites in Pakistan and get the related work from their experts who are working extremely fine for you and will make your way easy to get the desired result.

Maria Lena said...

Our nursing assignment help UKwriters are completely qualified academically from a recognised UK college. Not exclusively are they specialists on the subject of nursing, but they are also tested to guarantee they are acceptable, connecting with writers.

Anonymous said...

A very social activity and business functioning is based on proper human resource management, also referred to as HRM or simply HR. While the basics of HRM are familiar to everyone, the seemingly simple nature of this subject is misleading HRM essay help.

assignmentdoer said...

interesting , great job and much obliged for sharing such a decent blog.
Financial Assignment Help

dissertationhouse said...

Normally I never remark on sites however your article is persuading to the point that I never stop myself to say something regarding it. You're working admirably Man,Keep it up.
Marketing Dissertation Writing Services

wewriteessay said...

exceptionally decent… I truly like your blog…
Nursing Essay Writing Service Uk

Saba Qamar said...

It must be a big fraud deal ever as the Clari5 site registered 200 Million on the website. 15 Countries are also involved in it for profit but now it's in good hands.
Source: ThesisWritingService

Hughes said...

nursing assignment help UK

Ruby Ross said...

I'm very disappointed to read this news. Financial crime is a great stroke on the economy of the country. The government should do everything to prevent it. I'm writing a review on the related issue I searched. The expert from https://topwritingservice.com/reviews/ provides me with professional assistance. Let's see if the result turns out in a positive way.

Amna Khan said...
This comment has been removed by the author.
Coffee beans supplier in Dubai said...

He also said that the pan-African fraud and money laundering landscape has become alarmingly sophisticated over the last few years.
coffee wholesalers Dubai

sex honey uae said...

Order a 12 small boxes of male enhancement performance honey that improves sex drive for men and women. Natural Ingredients. Based in Dubai, UAE
sex honey dubai

Unknown said...

In uae, ilforno.me is famous for Italian food ilforno.me offers Italian rice balls stuffed with mozzarella cheese, buffalo mozzarella, Parmesan cheese deep fried to perfection serve with tomato sauce and many more Italian fast food for you. Best Italian pizza in al ain

Monnika Jacob said...

Everyone should know that the financial crimes in Africa are being committed by only a few big organizations that are operating there illegally. According to the experts of Cheap Dissertation Writing Service, the whole world needs to do something about this soon or Africa will turn into a human tragedy.

ikea kitchen Builder saskatoon said...

Bridge City is a Reputable Cabinetry & Renovations Contractor. We Provide Services in IKEA Kitchen Design and Construction. We are a Quality Renovation Contractor that Renews and Brings Life back to Existing Properties no Matter what kind of Space you are Looking to Renovate: Bathrooms, Living Rooms, Kitchens, or Other Living Spaces.

Anonymous said...

However, you and I both know, it’s so much easier said than done. I did end up losing all that weight, but I’ll admit that I was terrified about gaining it back, so I started restricting my food intake and doing way too much cardio. And I can’t tell you how many hours I spent starring at a mirror criticizing myself! Unfortunately, I ended up becoming bulimic. fitness with dina

Concrete foundation repair edmonton said...

Ramma foundation is a company and a foundation that provide crack repair snow remove and gutter clean service. We are the crack repair foundation in Alberta Edmonton. We provide services like crack repair, gutter clean services, show removal, in short we are the foundation repair in Edmonton. If you are worried about the cracks on your home do not worry we are here to get it repair. If you are worried about snow on your roof, we can remove it. We are here to clean you gutter.

Unknown said...

Best Italian restaurant in abu dhabi (ilforno.me) offers Roman lettuce, smoked salmon, boiled eggs, green onion, cucumber in caesar dressing. Buy the best Italian food from the best Italian restaurant
Pizza restaurants in abu dhabi

Exterior Stone Alberta said...

We understand the demands of the industry. That’s why we work tirelessly to ensure you have an efficient and smooth product procurement.
Metexstoneworx

joellreyy87 said...

The force of a-list venture wide continuous monetary wrongdoing the board arrangement that has been changing the manner in which banks battle monetary wrongdoing. The report uncovers the size of the Dissertation Help difficulties society faces in battling monetary wrongdoing, with its effect felt great past enormous organizations. The human expense of monetary wrongdoing is likewise critical.

Eshley Durst said...
This comment has been removed by the author.
Eshley Durst said...

Hi! I am Lola and I am a professional writer) I can teach you how to write well and easy, without spending hours in fromt of the laptop without understanding from what should you start and what write next.

Writing can be quite easy and interesting task if you change the attitude to this activity. The biggest reason writing an essay is so hard is because we mostly focus on those external rewards like getting a passing grade or our teacher's approval. The problem is that when you focus on external approval it not only makes writing much less fun, it also makes it significantly harder.

You should think over not only about the grade, but about what interesting tips can you discover through your writing. But of course there are quite complicated styles of writing such as business plans, statistical term papers like those which requires some external knowledge and skills, so in such cases you can address for mine professional writing company with the apply "help me with mine capstone paper" and you will receive this paper as quick as possible.
Stay with me or follow mine writing platfrom not to miss some master classes of writing.

Maya Ali said...

Corruption and financial crimes in Africa are not new things we are hearing. African nations have been looted for almost a century, either the colonization, civil war, or this modern era Africa has always been looted, and filled with corrupt governors. I was once researching about it I came to know in each regime of each country it gets more courrept. As I am a writer and have been writing about Africa a lot, really like your blog. very informative and true, the way you wrote it is amazing. I write assignments for university kids as they are always looking for Cheap assignment help in Pakistan, I help them out with this. I saw a student got an essay to write about Corruption in Africa, I was glad that it's getting the limelight at least. One day I hope it will be over and African people can live out of this misery.

julian jackson said...

We open Al Aqsa Halal Meat & Store years ago to sell premium quality halal meat and freshest groceries items. We have been doing our job with determination Best Al Aqsa Halal Meat and feel proud to see customers coming to us for their needs.

michael jordan said...

The foundation of her health management follows the principles of Regenerative Medicine by combining both traditional xeomin near me and evidence-based integrative medicine.

jaxon hibler said...

At Law Offices Of Rizwan M. Khalid, my law office offers variety of legal services to individuals, families Top Immigration Lawyer Near Me and businesses. My firm has developed a reputation for providing quality representation at affordable rates.

noah beck said...

First goal is to satisfy your audience; you need to focus your content on your targeted audience it consultants philadelphia and keep it relevant to the industry. Not only should your content be interesting and informative, but it should also be very specific to your brand and target audience.

Valon Asani said...

Williamson Caterers assists clients with all aspects of event planning, development, Catering Company and execution. Our decades of experience will ensure that every aspect of your event is covered and no detail is left unchecked.

Unknown said...

Whether you’re running laps around the park or having coffee with friends, a Shearling Leather Jackets for Men can make an excellent option.

namecheap coupon code said...

Check Out Our Coupons for This Month & Buy Your Dream Domain at a Super Low Price! Great Deals! From Domains & SSL Certificates to Email, Hosting Packages & VPN! #1 for Value Vs. Others. Free Domain Privacy. Save More With Us. Trusted With 10m+ Domains.

Cheap Assignment Help said...

Best Assignment writer at Assignment writer at AssignmentGlobe. University and College students offer best packages in assigment help.<

rbs said...

The IMPAKTOR 250 evo can be equipped with two different types of shredding shafts. One pair of shafts is for crushing concrete and asphalt. The other is for waste such as waste wood, roots, mixed construction waste and other types of waste.

Unknown said...

Our services are aimed at facilitating them in academic paper writing when they are unable to devote time to it owing to genuine reasons.Do My Essay For Me This is because we aim to save their precious academic year and help them secure good marks and pursue their dreams in life.

Unknown said...

we have been predominately serving residential clients throughout Edmonton and its surrounding areas.residential fencing Edmonton Our mission to provide each and every customer with the best possible fence and the highest level of customer service. We understand how important security is to you, and that is why we have honed our technique for over 20 years to create a perfect fence no matter the project.

Unknown said...

At OPTIMUM Process Solutions, we are passionate about assisting small to medium sized companies.Optimum process solutions Assess their business processes. Eliminate ineffective / inefficient activities that waste time & energy. Unleash employee potential to improve engagement and satisfaction. Optimize operating practices to maximize return.

soil stabilization texas said...

Hasten is uniquely positioned to maximize the success of its customers by utilizing its vast network of relationships along with its unwavering focus on its core principles of honesty, reliability, quality, credibility, and trust. With the goal of providing quality products, safely, and on a timely basis, Hasten will ensure you are satisfied with the end result.

Edmonton tile installation Contractor said...

Bathroom and kitchen tile are installed to last. We install tile to the walls with adhesive using grout between the tiles keeping them in place and moisture out. However, water and moisture can damage the sealant over time, particularly in older homes where silicone caulk was not used. Modern day caulk was invented in 1896, so if your home is older than that, you will have problems with tile staying in place.

Edmonton tiling Contractor said...

Wall tiles are usually set very close together with smaller grout courses. Our technicians use additional care to remove wall tile preventing damage to the surrounding tiles. When it’s time for floor or wall tile updates, we will do it to include a complete tile demo if necessary, and complete your new tile installation. We remove bathroom tile or kitchen tile and haul away the old tile and debris.

Unknown said...

we have been predominately serving residential clients throughout Edmonton and its surrounding areas.Commercial Fencing Edmonton Our mission to provide each and every customer with the best possible fence and the highest level of customer service. We understand how important security is to you, and that is why we have honed our technique for over 20 years to create a perfect fence no matter the project.

Mariia said...

It is very sad to read about such crimes and I think it will be an example for people that it is not necessary to do so. If you need a professional essay writer then I can help because I work as a freelancer and have only good reviews. I can help you with case brief outline

Unknown said...

Strategic planning helps you define your future and achieve your goal. As a guide to decision making,change management Edmonton strategic planning will help you determine if you have the right resources in place to achieve your goals and ensure your team are all working with the same vision.

CEMENT TREATED BASE services in houston said...

Compared to concrete pavements, CBT is an affordable and time-saving solution for a variety of construction projects that rely on evenly distributed load-bearing platforms to remove sub-grade fatigue. What’s more, it has been demonstrated that CBT exceeds the structural proprieties of a thicker crushed aggregate base, making it a standard choice for modern road construction. For more visit to our website.

Optometry Edmonton said...

At Envision Eye Care, Vision Therapy (VT) uses an individualized treatment program designed to correct visual-motor and/or perceptual-cognitive deficiencies. VT is designed to enhance the brain’s ability to control: eye alignment, eye teaming, eye focusing abilities, eye movements, and/or visual processing. Visual-motor skills and endurance are developed through the use of specialized computer and optical devices, including therapeutic lenses, prisms, and filters. During the final stages of therapy, the patient’s newly acquired visual skills are reinforced and made automatic through repetition and by integration with motor and cognitive skills. VT can benefit many patients of all ages including children, adults, athletes, and individuals with traumatic brain injury. Contact us to learn more about our Vision Therapy services.
Optometry Edmonton

Stone Installation Edmonton said...

We provide stone installation Edmonton and marble tile installation Edmonton for specialty flooring in the area. You will always find the best deals and information to make a wise choice. As stone contractors in Edmonton, we provide sales and service teams expertly trained to help you choose the stone, granite, marble, or other flooring or wall covering you have in mind to complement your decor, your lifestyle, and your budget. When you’re considering tiling an entire bathroom or a kitchen floor or even a modest new backsplash or replacement, depend on the best stone installers Edmonton to provide a superior job doing your tile or granite wall installation.

dry bulk trucking in Louisiana said...

Together with our comprehensive knowledge of materials and safety protocols that follow strict regulations, we offer a wide range of bulk transportation trucks to ensure that each load is hauled and transported safely and efficiently.

Outdoor convectional kitchens said...

We at Envious Design by Brandt and Thompson believes that a life lived well is a life lived deliciously. We would like to introduce our outdoor convectional oven and custom BBQ construction service in the Edmonton Albert. We deal in all types of outdoor ovens and custom BBQ construction. Since many years, we have been installing ovens in the Edmonton Alberta and its surrounding. This make us first choice get professional installed outdoor ovens and BBQ setup in the Canada. We offer a wide range of product and services. To find out more about outdoor convectional oven and custom BBQ construction contact us today! Our highly qualified and trained professional would love to assist you. Leave a mesmerizing impression to your friend and family by hosting party with them in your own backyard and treat them with delicious food baked in your personal outdoor oven and BBQ setup installed by Envious Design by Brandt and Thompson Canada.

Fly Ash Supplier Louisiana said...

Hasten Chemical is a team of professionals who work to maximize the bottom line results of its clients. As a wholesaler of chemical products, Hasten provides unconditional commitment to excellence in quality, that will provide consistent results, and make us the partner of choice to help produce and maintain growth of Products and Service Companies.

Wall Tiling Installation Edmonton said...

Tile renovation is no small undertaking. Tile renovation services in Edmonton or anywhere is a makeover we are skilled at doing. We have seen it all and done it all. For an easy-care tile floor, go for porcelain or glazed tiles, and avoid porous tiles such as limestone on floors. You will never regret tiled floors. For a non-slip floor, let us help you choose textured tile surfaces, matte finishes, or glazes containing sand. Small tiles with lots of grout lines offer a better grip than large tiles for floors. Nonporous urethane grout resists cracking and will not stain or need to be sealed. We use an acrylic caulk containing mildewcide for protection up to five years or more. For your tile removal or renovation, high-end bathrooms use polished granite that is extremely stain and scratch resistant. However, porous types such as marble and limestone will stain and etch if toiletries and cleaners aren’t cleaned up immediately. Honed surfaces can show oil marks and water spots. Let us help your decide on your specific needs and tile to use. As tile renovation contractors, we do not lay tile over plywood that can swell with moisture and break the tile bond. We use 1/4-inch backerboard over your level subfloor then lay the tile on top. A flexible underlayment will prevent cracks in ceramic and stone tile because it distributes the weight carried evenly. Tile renovation Edmonton can include new tile installation, floor leveling, tile removal, tile grouting, tile repair, and an assortment of problems for correction.

Kamsoft Technologies said...

Kamsoft is a spirited contemporary IT company that enables brands to take the leap using advanced technological tools and expert developmental assistance. Since our formation, Kamsoft technologies have accomplished so much in the technological industry and has become one of USA & Pakistan's biggest IT companies.

Period Pants said...

Zonas online store selling women clothing underwear and accessories all over Australia. Our exclusive products are menstrual and maternity range. We want to cater women's with all their special needs giving them comfier apparel at affordable prices. Our menstrual panties are highly absorbent, leakproof, breathable, reusable, environmental friendly, odorless and easy wash. We have a wide range of sizes, styles and colors. Soon we gonna launch our maternity and activewear range. That's not enough much more to come, variety of fashionable attires + under garments so keep in touch.

best animated commercials said...

Prolific Studio as an Animation Company offers a wide and extensive range of animated video production services with creative ideas and flawless designs in competitive prices and affordable packages. We focus on delivering quality animations.

shop Gravels near me said...

Laker Builders Merchant is the UK's largest builders' merchants, supplying tens of thousands of trade quality products that are available for contact-free delivery or collection.

Advanced AC repairing machine abu dhabi said...

Nobody wants to start the day discovering that their car’s air conditioning is not working, the bad air-conditioning not only effect your driving comfort it also affect your car performance as well? Depending on the make and model of your car, a broken belt in the air conditioner can cause more problems for your vehicle. Do not wait until it’s too late! If it’s as simple as recharging the refrigerant or installing a new compressor, then ALSA Automotive Repair will help keep you cool and your care cool. Signs that your vehicle may have a malfunctioning air conditioning system
Advanced AC repairing machine abu dhabi

Unknown said...

we have been predominately serving residential clients throughout Edmonton and its surrounding areas.residential fencing Edmonton Our mission to provide each and every customer with the best possible fence and the highest level of customer service. We understand how important security is to you, and that is why we have honed our technique for over 20 years to create a perfect fence no matter the project.

Unknown said...

Join The Wine Snob Shirt Club, and each month you will receive a high-quality T-shirt and special offers from some of the most unique wineries and vineyards around the world! The Wine Snob Shirt Club features one shirt design per month,Shirt Club T-shirt gift ideas and once that month reaches its dregs, that wine design is tucked away in our Shirt Cellar forever. Each T-shirt is a true, one-of-a-kind vintage!

boneshia said...

This comfortable, lightweight style typically features a zip front along with ribbed cuffs and waistband.black flying jacket It’s sporty aesthetic makes it a perfect choice for best outfits.

body repair equipments abu dhabi said...

If you are interested in repairing scratches on the car, fixing a blow to the sheet metal or removing a dent, or if your vehicle has suffered more severe damage, you can visit ALSA Automotive in Abu Dhabi for the maintenance and repair of the body of your car. We repair any damage to the bodywork effectively whatever the severity.
body repair equipments abu dhabi

OliyanaBeth said...

These stories need to come out to rectify where the actual problem lies

elitefence said...

We have worked for many general contractors, school regions, municipalities, and even companies over the years. commercial Fencing contractor Edmonton From small repairs to large expansions, Elite Fencing Systems can help you meet all your commercial fencing needs.

foundation repair Edmonton said...

Ramma foundation is a company and a foundation that provide crack repair snow remove and gutter clean service. We are the crack repair foundation in Alberta Edmonton. We provide services like crack repair, gutter clean services, show removal, in short we are the foundation repair Edmonton.

vacation rentals cabo san lucas said...

For guests staying at Casa Ballena, Cabo San Lucas Villas provides 24-hour on-call complimentary concierge services for whatever needs arise during your Cabo vacation rental experience. No need or concern is too trivial for Cabo San Lucas Villas – our number one concern is your vacation experience! vacation rentals cabo san lucas

playa mariposa resort cabo said...

Salmon Bruschettas, Antipasto, Prosciutto With Melon, Caprese Salad With Italian Buffalo Mozzarella, Marsala-style Veal Scallopini, Fresh Hand-made Ravioli Florentine-style, Penne A La Vodka, Tiramisu Cake playa mariposa resort cabo