Financial Crime Management Technology for Canadian Financial Institutions
Financial Crime Management Technology for Canadian Financial Institutions
Fraud Detection and Management
Uncover fraudulent activity quickly to reduce loss and streamline efforts.
Anti-Money Laundering (AML) Compliance and Management
Improve investigative efficiency while reducing false positives.
High-Risk Customer Management
Gain a deeper understanding of your institution’s risk profile.
Automated FINTRAC Reporting
Increase regulatory reporting efficiency with automated report generation, pre-populated fields and electronic filing directly with FINTRAC. Nasdaq Verafin supports the FINTRAC Gen2 regulatory reporting formats for:
STR
Suspicious Transaction Reports (STRs)
EFTR
Electronic Funds Transfer Reports (EFTRs)
LCTR
Large Cash Transaction Reports (LCTRs)
Automated FINTRAC Reporting
Increase regulatory reporting efficiency with automated report generation, pre-populated fields and electronic filing directly with FINTRAC. Nasdaq Verafin supports the FINTRAC Gen2 regulatory reporting formats for:
STR
Suspicious Transaction Reports (STRs)
EFTR
Electronic Funds Transfer Reports (EFTRs)
LCTR
Large Cash Transaction Reports (LCTRs)
Flexible Product Offerings
2600 Customer Partners Contribute to Our Consortium Approach
Nasdaq Verafin integrates, resolves, and enriches data from hundreds of data sources and thousands of institutions across the Cloud.
Nearly
$10 Trillion
in collective assets
725 Million
counterparties
Over
1.1 Billion
transactions analyzed each week
2600 Customer Partners Contribute to Our Consortium Approach
Nasdaq Verafin integrates, resolves, and enriches data from hundreds of data sources and
thousands of institutions across the Cloud.
Nearly
$10 Trillion
in collective assets
725 Million
counterparties
Over
1.1 Billion
transactions analyzed each week
"Nasdaq Verafin’s rise in the FCC50 ranking reflects its coverage, core technology strength and level of innovation — not least in its modeling capabilities, which enable the hyper-customization that is vital for modern-day anti-money laundering and financial crime detection. Its consortium analytics bring the power of deep data to a wide market, while its platform (with comprehensive layers of automation) enables firms to streamline manual processes, and its reporting capability supports firms of all sizes in their compliance efforts.”
Nick Vitchev, Research Director at Chartis
