More than ever, insurance and financial institutions in Luxembourg are facing an increasing demand from regulators to manage financial crime risk. This transformation has been driven by various factors among which, an increased attention towards regulatory compliance, political pressure, and the emergence of a truly global economy.

iDETECT is designed to meet the compliance, anti-money laundering, fraud and investigation management needs of Luxembourg retail and private banks, insurance, securities firms, and the government agencies that regulate them. iDETECT provides the fastest and cleverest software crime-fighting technology available on today’s market. It can greatly reduce risk and decrease the overall cost of compliance.

Unlike other offerings, iDETECT provides a complete variety of visualization and analytical tools making possible the timely delivery of intelligence by quickly identifying connection, patterns and trends in multifaceted data sets. This fully integrated technology maximizes efficiency of enterprise-wide risk & compliance and can prevent reputation & fraud losses across all channels.

Some months ago, iDETECT integrates LuxTrust technology and decided to secure the Software as a Service version of iDETECT by chosing LuxTrust, the leading certification authority in Luxembourg. LuxTrust issues and manages electronic certificates with the highest levels of security.

Do not miss this unique conference and lunch on 28th June 2012 – 11:00 at  Hôtel Le Place d’Armes | 18, Place d’Armes Luxembourg

Program

11h00 – 11h30 : Welcome
11h30 – 11h45 : Logos ITS overview – François GOURDON
11h45 – 13h00 : Demo iDETECT application – Ronan URVOAZ – Financial Crime Expert

Learn all about iDETECT capabilities:

• FATCA: Learn how iDETECT helps to comply with FATCA quickly and efficiently, without disrupting day-to-day business operations, overburdening compliance departments, or impacting client experiences.
• AML for Banks and Insurance Companies: Discover how iDETECT can help to comply with the monitoring and reporting requirements from Circulaires 11/2, 11/10, and 12/5 issued by the CAA and the Circulaire 11/529 from the CSSF.

GAFI/FATF Recommendations:

• Through the use of the iDETECT Platform, Financial Institutions can comply with the latest recommendations of the GAFI/FATF concerning AML, Corruption, and Risk-based Approach.
• Technology and AML: The 4th AML EU Directive will call for significant changes in the requirements for politically exposed persons (PEPs), beneficial ownership, wire transfers and data protection. Learn how iDETECT world-class technology like automated web-crawling, machine-learning, and text mining can help solving these business challenges whilst remaining compliant with CNPD requirements (Commission Nationale pour la Protection des Données).

13h00 – 14h00 : Lunch