Today, Monday, June 8, 2020, leading information technology firm, Computer Warehouse Group Plc, CWG, proudly announced to the entire public that in a bid to combat enterprise fraud and money laundering, it has struck a partnership agreement with Banking Enterprise Financial Crime Risk Management products company, Clari5. This partnership will see both companies proffer solutions to banks towards countering financial fraud. Banks across the continent are now set to enjoy some of the advantages attached to Clari5’s extreme real-time, cross channel, and enterprise-wide fraud risk management capabilities.
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Group Chief Executive Officer, CWG, Adewale Adeyipo noted that the company is delighted to partner with Clari5 especially as the landscape of pan-African fraud and money laundering has in the past few years become alarmingly sophisticated, while banks have been making efforts towards getting solution to the problem. Adewale, however, stated that the solution is beyond conventional, siloed anti-fraud methods, sighting that with Clari5,
‘banks now have the power of a world-class enterprise-wide real-time financial crime management solution that has been changing the way banks fight financial crime.”
Rivi Varghese, the CEO of Clari5, expressed belief in a solution that behaves like the human nervous system as they look forward to working with CWG.
We believe that the best way to combat fraud and money laundering is with a solution that can behave like the human central nervous system to synthesize intelligence from across all channels of the bank in that very moment when it matters most. Clari5’s proven real-time product capability in thwarting financial crime, coupled with CWG’s unparalleled market reach and rich legacy of engagement successes makes it a compelling value proposition for innovative African banks to prevent bottom-line losses to financial crime. We are both proud and delighted to partner with CWG – the legendary African technology leader
Rivi Varghese
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CWG Plc, a company with over two decades of contributing to the Nigerian Information & Communication Technology sector, has been consistent in the Africa tech space since commencing operations in Nigeria in 1992, by ensuring quality and excellent service delivery with the use of global standards.
A top-notch solution company to Financial Crime Risk Management Systems for Enterprise Fraud, Clari5 which works with the use of a ‘human brain like’ approach to fraud has been ranked consistently in global RiskTech and Regtech Top100 rankings and quadrants, Winner of IBS Intelligence Global Fintech Innovation Award, and awarded the Best Fraud Detection Product Award by Risk.net. The capacity of Clari5 to redefine real-time, cross-channel banking Enterprise Fraud Management through the central nervous system approach to fighting financial crimes, makes it outstanding from others.
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Tech Economy NG
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