NetGuardians changes the rules of the risk mitigation game with NG|Screener 6.0; the only enterprise software platform that can consolidate the real-time monitoring of user behavior actions and financial transactions in the simplest and most intuitive way for users.
This new version has been designed to target the specific needs of several key users: risk management, anti-fraud, forensic, compliance, internal audit, information security and IT administrator.
Big Data technology driven full web platform aims to reshape the user experience. NG|Screener Graphical User Interface (GUI) is intuitive, simple, and esthetic, providing different types of visualizations. “NG|Screener GUI is a state-of-the-art solution both from the user experience and technological perspective. We wanted to completely redesign the user experience. A risk dashboard presenting all the information a user needs – resulting from powerful analytics - yet in the simplest form…”, says Jérôme Kehrli, Head of R&D.
The risk-level dashboard changes the life of users by enabling rapid forensic analysis from Key Risk Indicators (KRI’s). It is supplemented with real-time push notifications of risk. The risk dashboard provides the full drill-down investigation of user behavior actions across the entire banking system; financial transactions, channels (i.e. ATM, mobile banking, e-banking, front-office, back office), and IT layers (i.e. Network, Operating System, Databases). Cutting-edge forensic analysis application empowers the users to discover and correlate data in unprecedented means. Even the most complex type of fraudulent patterns such as collusion are predicted through data correlation giving banks the time to prevent fraud before it happens.
NG|Screener Version 6.0 comes with an extensive library of predefined controls that address specific use cases. Control executions are easily administered through the software platform. Any business policy violation is demonstrated in automated reports and the risk dashboard offers high-level and detailed views so users can easily visualize the current risk state and perform forensics. A controls update service enables banks to stay up-to-date and continually guarded by easily adding new controls developed by dedicated risk experts.
“With NG|Screener Version 6.0, we enforce the three lines of defense coordination on top of our continuous auditing framework. Besides a risk-level dashboard for powerful but easy-to-conduct investigation, a case manager provides automated reports on a scheduled basis. Documentation is fully integrated into the enterprise software platform. All of this enables the segregation of duties and a coordinated three lines of defense approach”, says Joel Winteregg, CEO of NetGuardians.