Compliance and data protection made easy for the banking sector
Data protection regulations, compliance guidelines, anti-money laundering laws: Banks have to comply with many guidelines and laws in their day-to-day business. TOLERANT Software keeps your back free and makes compliance with rules and regulations child’s play at the touch of a button. The advantage: you minimise errors because the TOLERANT tools run automatically and in the background and check all processes in real time. In this way, you can ensure at all times that all transactions in your bank are legal and also comply with the GDPR.
The great advantage of TOLERANT’s tools: they are available as individual modules, they work in the cloud or locally and they are compatible with your bank’s existing software systems. Above all, however, they make everyday life easier for you and your employees, save a great deal of processing time and ensure seamless security.
TOLERANT Software does it all for you:
But that is not all. With TOLERANT Software, you not only comply with all important laws and regulations automatically and at the push of a button. TOLERANT also supports you in targeted and efficient marketing.
TOLERANT’s tools can do all this and much more for you.
Compliance management is an important part of the banking business today. The EU’s Anti-Money Laundering Directive obliges banks to specifically identify politically exposed persons among their customers. For this purpose, all customers must be checked against the PEP lists. TL PEP takes over this process for you automatically and error-tolerantly and lists all affected customers for you.
Another challenge is the verification of sanctioned persons. This includes, for example, members of extremist or terrorist groups. TL Sanction checks your customers and the entire customer base before doing business with them. Automatic, reliable and fault-tolerant.
With TOLERANT Software, you ensure that your business is legal and compliant at all times.
Like other organisations, banks are obliged to provide information about personal stored data according to Art. 15 of the GDPR. TOLERANT offers special tools that do this for you at the touch of a button. TL MPM collects consents and consents centrally and clearly. All data is managed and archived in one place across all systems.
The central customer index from TOLERANT Software supports you in processing data protection requests. Performed manually, these requests cost a lot of time and unintentional errors also occur. With TOLERANT, you keep your employees free for their actual tasks, save working time and minimise sources of error.
Whether new or existing customers – address exactly the desired target group with your bank! Is your campaign specifically for those interested in real estate? Or do you want to address customers who are thinking about old-age provision? TOLERANT tools support you in selecting exactly the right target group for your marketing campaign. To do this, our tools automatically enrich your database with microgeographic data.
With TL Post CAMEO, you can also use the postal addresses of your customers to derive information regarding social, milieu, potential purchasing power and economic characteristics of the residential area. TL Software makes it easy for you as a bank to select your target group precisely and accurately.
All TOLERANT tools, such as TL PEP, TL Sanction, TL MPM and TL POST are suitable for the entire banking sector: Universal Banks, Savings Banks, Co-operative Banks, Mortgage Banks, Investment Banks, Specialist Banks, Building Societies and Financial Services Institutions.
Find out how easy our tools are to use and how quickly you can achieve the best data quality with them.