Global and domestic mandates for improved management and oversight are driving the need for more streamlined exception-based reporting to manage risk and meet compliance regulations.

Paragon provides solutions accelerators to address these needs in the following areas:

• 'Know Your Client' Automation Accelerator
• Re-engineering the client acceptance and new account opening process
• Document management and workflow automation vendor evaluation and solutions integration
• KYC call reporting and contact management logging
• Anti-Money Laundering Solution Accelerator
  • Package vendor evaluation
  • Full project lifecycle solutions integration – including package vendor implementation, refinement of suspicious activity reporting risk parameters/thresholds, integration of source data systems for client and transaction data
  • Program management services to manage the cleansing of existing client records to build comprehensive client profiles
• Compliance / Risk Management Reporting Solution Accelerator
  • Requirements definition for exceptions-based investment management compliance and risk management reporting
  • Unified Reporting ™ solutions design and integration services to deliver customized solutions for compliance and risk management reporting