CNP Assurances is a leading personal insurer in France, across Europe, and in Brazil. The company has more than 5,300 employees, 38 million personal risk and protection policyholders, and 12 million savings and pension policyholders worldwide.
“The objective of our AML/CFT program is to develop an in-house solution that is perfectly suited to our business model to control the level of risk of each incoming and outgoing financial flow, as required by regulations.”
Business Need
- Reduce the risk of financial cybercrime
- Monitor the level of customer risk in real time
- Comply with changing regulations
Challenges
- Enhance knowledge of customers and their operations to detect money laundering and prevent the financing of terrorism
- Mitigate risk, strengthen compliance efforts, and enhance customer data quality
- Comply with multiple Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) regulations
Solutions & Results
- Use Informatica MDM to store the risk profiles of tens of millions of customers and manage reference data integral to risk calculations
- Use Informatica Data Quality to automatically check and improve customer data quality based on predefined rules
- Enables AML/CFT compliance by providing the ability to identify and freeze customer assets that could potentially fund terrorist groups
- Use Informatica Identity Resolution to search for and match identity data to discover potential connections to terrorist organizations
- Improves risk management by monitoring daily fluctuations in customer risk levels to detect money laundering activities
- Helps enhance regulatory compliance, avoid fines, and drive digital transformation by improving the accuracy of customer information
Products & Services
Data Quality and Observability
Ensure consistently high data quality across cloud and on-premises data sources.
