Industries
Financial Institutions

Financial Services

One operating system for the whole financial-crime and compliance programme

Financial-services firms carry some of the heaviest compliance obligations of any sector — AML and counter-terrorist-financing, sanctions, customer due diligence, conduct, data protection and prudential expectations — usually spread across a patchwork of tools, spreadsheets and shared inboxes. OnyxOne brings screening, due diligence, monitoring, cases, risk, controls and reporting onto one platform, so the whole programme is defensible by design rather than reconstructed at examination time.

At a glance

How OnyxOne fits your operation

OnyxOne in a financial services operationSchematic
Your teamsCompliance · risk · legalAnalysts & investigatorsScreen, review and decideOversight & approvalsSign-off and reportingOnyxOneCompliance & risk OSScreening · Due diligenceCases · Risk · MonitoringPolicy · Reporting · AuditSystems & sourcesConfigured per deploymentScreening data providersSanctions · PEP · mediaYour systems of recordOnboarding · core systemsOne platform for the whole programme — not a stack of disconnected tools and spreadsheets.

Your compliance, risk, audit and legal teams work in OnyxOne, which centralises risk, controls, policy, obligations, cases and evidence, and connects to the systems, screening and data providers your deployment requires.

Regulatory context

The pressures this sector carries

The compliance and regulatory realities that shape how firms in this sector operate. Described generically — your obligations depend on your jurisdiction, licence and activities.

Oversight & the three lines of defenceSchematic
Board & audit committeeSets risk appetite · holds the programme accountable1st lineOperational managementOwns and manages risk dayto day2nd lineRisk & complianceSets policy, oversees andmonitors3rd lineInternal auditIndependent, objectiveassuranceExternal audit & regulators

How accountability is structured in a regulated financial institution — the model the platform is built to support.

AML / CFT is the baseline expectation

Firms are generally expected to identify and verify their customers, understand the purpose of relationships, screen against sanctions and politically-exposed-person lists, monitor activity on a risk-sensitive basis and report suspicion. The specific obligations depend on your jurisdiction, licence and activities — the platform is built to support this shape of programme rather than to guarantee any named regime.

Sanctions demand real-time discipline

Sanctions regimes change quickly and expose firms to strict-liability risk. Supervisors look for screening that runs at onboarding and continuously, with defensible match handling and a record of every decision. OnyxOne provides the workflow; the sanctions lists and data sources are contracted and configured per deployment.

Conduct and consumer outcomes are under scrutiny

Beyond financial crime, firms face conduct, fair-treatment and consumer-outcome expectations that require documented policies, controls and evidence. A governance and controls backbone that ties policy to control to evidence is increasingly what supervisors want to see.

Data protection runs alongside everything

Handling customer identity, screening and case data brings data-protection obligations — lawful basis, minimisation, retention limits and subject rights. Compliance tooling has to respect those constraints, not work against them, with configurable residency and retention.

The challenge

What makes this hard today

The operational realities compliance and risk teams in this sector wrestle with.

A programme stitched from disconnected tools

Screening runs in one system, due diligence in another, monitoring in a third and cases in an inbox. Analysts move data by hand, context is lost at every hop, and no single record shows a customer's full compliance history.

Alert volumes overwhelm the team

Poorly-tuned screening and monitoring generate noise. Analysts spend their days clearing false positives while genuinely risky activity waits in the same queue, and there is no reliable way to show consistent handling.

Inconsistent, undocumented risk decisions

Customer risk is rated differently by different analysts, rationale is not captured, and re-rating on trigger events is manual and easily missed — so answers to examiner questions have to be reconstructed from memory and email.

Reporting assembled under deadline pressure

Suspicious-activity reports and regulatory returns are pulled together by hand from multiple systems, slowly and error-prone — exactly where supervisors focus scrutiny.

Audit evidence rebuilt after the fact

Because decisions live across tools and inboxes, examination preparation becomes a scramble to reconstruct the story rather than retrieval from a single, timestamped trail.

The approach

How OnyxOne serves the sector

One connected compliance workflow

Onboarding, screening, due diligence, risk rating, monitoring, cases and reporting run on a single platform, all writing to the same customer record. Analysts and examiners see one complete history instead of chasing it across systems.

Screening tuned to your risk appetite

Sanctions, PEP and adverse-media screening runs at onboarding and continuously, with match logic, fuzzy-name handling and thresholds you configure to control false positives. Data sources are contracted per deployment, not fixed to one named provider.

A documented, policy-driven risk model

Customer risk is scored against your own methodology — factors, weightings and thresholds you define — with every rating and trigger-based re-rating captured automatically, so the rationale is always on the record.

Structured cases and four-eyes review

Alerts route into a consistent workflow with ownership, SLAs, dispositions and maker-checker review. Every disposition is recorded with its reasoning, and material decisions require segregation of duties.

Reporting from the same live record

Regulatory returns and suspicious-activity content are assembled from the live customer and case record with review and sign-off, reducing manual effort and the risk of error under pressure.

Defensible by design

Every screening result, rating, disposition, override and report is written to an immutable audit trail — so audit and examination preparation is retrieval, not reconstruction.

The workflow

The end-to-end workflow

A defined, sector-specific process with clear ownership at every stage.

The workflow, step by stepSchematic
01Onboard & screenCustomers and entities are onboarded with KYC/KYB data and screened againstsanctions, PEP and adverse-media sources, with every match captured against the…02Risk-rateEach customer is scored against your risk-rating methodology, and the factors behindthe rating are recorded so the decision is defensible.03Monitor continuouslyCustomers and entities are re-screened and monitored for events and behaviouralchange, surfacing shifts in risk after onboarding.04Triage alertsScreening and monitoring alerts enter a prioritised queue where analysts clear,escalate or convert them, each disposition recorded with reasoning.05Investigate & decideAlerts that warrant it become structured investigations with evidence, entity linksand four-eyes review before a documented decision is reached.06Report & preserveWhere required, suspicious-activity reports and regulatory returns are assembled,reviewed, signed off and preserved with a full audit trail.

Every result, decision and override is captured against the record it belongs to.

01

Onboard & screen

Customers and entities are onboarded with KYC/KYB data and screened against sanctions, PEP and adverse-media sources, with every match captured against the record.

02

Risk-rate

Each customer is scored against your risk-rating methodology, and the factors behind the rating are recorded so the decision is defensible.

03

Monitor continuously

Customers and entities are re-screened and monitored for events and behavioural change, surfacing shifts in risk after onboarding.

04

Triage alerts

Screening and monitoring alerts enter a prioritised queue where analysts clear, escalate or convert them, each disposition recorded with reasoning.

05

Investigate & decide

Alerts that warrant it become structured investigations with evidence, entity links and four-eyes review before a documented decision is reached.

06

Report & preserve

Where required, suspicious-activity reports and regulatory returns are assembled, reviewed, signed off and preserved with a full audit trail.

Use cases

How teams in this sector use OnyxOne

Consolidating a fragmented stack

Replace a scatter of point tools and spreadsheets with one platform where screening, due diligence, monitoring and cases all write to the same record — the single biggest source of lost context removed.

Preparing for a supervisory examination

Give examiners a single, timestamped trail of how each decision was made, instead of assembling a defence from email threads and exports after the request lands.

Tuning down false positives

Adjust match logic and monitoring rules against your risk appetite, and feed dispositions back into prioritisation, so analysts spend their time on genuine risk.

Standardising risk rating across analysts

Enforce one documented risk-rating methodology so the same customer is scored the same way regardless of who handles it, with trigger-based re-rating built in.

Integrations

Works with your existing systems

Described as capabilities — OnyxOne connects to the systems your deployment requires, configured per implementation.

Screening & data sources
  • Connects to the sanctions, PEP and adverse-media data providers contracted for your deployment
Core banking & customer systems
  • Ingests customer and account data from your existing systems of record to screen and monitor the right records
Identity & verification
  • Integrates with your existing identity-verification and KYC/KYB data services
Regulatory reporting channels
  • Exports return and suspicious-activity content in the formats your submission channels require
Collaboration & notification
  • Routes alerts, escalations and approvals through your existing email and messaging tools
Assurance

Security & reporting

Security & data handling

  • Customer records, screening results and case data are encrypted in transit and at rest.
  • Access is role-based, and segregation of duties prevents the same person from both raising and signing off a decision where policy forbids it.
  • Every screening result, rating, disposition, override and report is written to an append-only audit trail.
  • Sensitive information — including suspicion-related data — is restricted to authorised roles under strict need-to-know.
  • Data residency and retention are configurable to the obligations of your jurisdiction.

Reports & returns

  • Suspicious-activity / suspicious-transaction report content (SAR/STR)
  • Customer risk-rating and re-rating reports
  • Alert volume, ageing and SLA-adherence reports
  • Screening-coverage and match-disposition reports
  • Programme dashboards and management information for the compliance function and board
The value

What your team gains

One record for the whole programme

Screening, due diligence, monitoring, cases and reporting write to the same customer record, so teams and examiners see one complete compliance history.

Analyst time on genuine risk

Better-tuned screening and structured triage move effort away from clearing noise and toward the activity that actually matters.

Defensible decisions

Ratings, dispositions and overrides are captured with rationale as they happen, so answers to supervisory questions already exist.

Faster, cleaner reporting

Returns and suspicious-activity content are assembled from the live record with review and sign-off, cutting manual effort and error.

Examination readiness as a standing state

An immutable trail means the programme is audit-ready continuously, not only after a scramble to prepare.

FAQ

Questions, answered

Is OnyxOne a regulated or licensed financial-services provider?

No. OnyxOne is a technology vendor. It provides software that helps your firm run its compliance and financial-crime programme; it is not a regulated financial institution and is not an obliged entity. Responsibility for meeting regulatory obligations remains with your firm.

Which regulations does it cover?

The platform is built to support the shape of a modern financial-crime and compliance programme — CDD/KYC/KYB, sanctions and PEP screening, ongoing monitoring, case handling and reporting. Your specific obligations depend on your jurisdiction, licence and activities, and remain your firm's responsibility to determine and meet.

Where do the sanctions and PEP lists come from?

Screening and data providers are contracted and configured per deployment rather than fixed to a single named partner. OnyxOne applies your chosen sources through configurable match logic and thresholds.

Can it be configured to our own risk policy?

Yes. Risk scoring, screening thresholds, due-diligence requirements, workflows, roles and approvals are configurable to your policy and risk appetite. The platform enforces your model rather than imposing a fixed one.

How does it help at examination time?

Every check, rating, disposition, override and report is written to an immutable, timestamped audit trail against the relevant record, so preparing for an examination is a matter of retrieval rather than reconstruction.

See OnyxOne for Financial Services

Book a walkthrough and we'll show how the platform fits your sector's obligations, workflows and systems — then scope an implementation.