Platform Overview

Posidex's Prime MDM, which is Customer MDM platform provides our clients a game changing ability to manage the customer data in real-time with great accuracy and integrity thereby strengthening the scope of the processes in Customer Onboarding, KYC Due Diligence, Operations, Marketing, Fraud Detection, Risk Management, Compliance and Customer Experience.

Prime MDM

Master Data Management

Prime MDM Platform powered by PrimeMatch® technology enables your organization to build one master record or the golden record of every unique customer across all your business source systems. This golden record of the customer can be linked to transactional data in real time to generate multiple contextual views facilitating the organization to drive better customer engagement.

Prime CDP

Customer Data Platform

Customer data platforms that simply rely on unique identifiers to reconcile or identify the customers, expose enterprises to skewed customer related analytics, putting organizations to operational as well as regulatory risks. Prime CDP leverages Machine Learning, inbuilt data quality management, sophisticated entity resolution and In Memory analytics to provide a near instant and highly accurate single view of your customer.

Products Overview

With patronage of over 20 years and innumerable installations integrated with some of the most critical applications, Posidex's products are closely aligned with Industry requirements for managing their customer data efficiently. Deep dive into each of the products which are made for the world and proud to be made in India.

Prime360

Prime360 (powered by PrimeMatch® technology) is a product for Real-time Entity Search and Match. Helps facilitate any interacting system to perform an identity search within the target data collated from various source systems. Offered in three variants viz., Prime360 Lite, Express and Advanced.

clip

CLiP (powered by SetMatch technology) is used for One-time de-duplication, UCIC (Unique Customer Identification Code), Golden Record, Family ID Creation and/or to meet any incremental matching requirements for identifying unique customer records across various products and lines of businesses. CLIP plays a pivotal role when you want to establish linkages between records where there is no unique Identifier across the data sources.

Screen

ScreenCustomer.com is a cloud based Watchlist ‘Name scanning’ bureau service for matching prospective or current customer data with various lists like Federal Reserve/RBI list, OFAC, UN Sanctions list, PEP etc as part of Regulatory Compliance, CFT (Combating Financing of Terrorism), KYC (Know Your Customer) and other EDD (Enhanced Due-Diligence) requirements.

PrimeVer

PrimeVer helps automate the process of validation of the customer information coming from multiple providers making the process simple, streamlined and quick. This unlocks the organization’s potential for faster onboarding and quick decisioning with the respect to the suspect cases.

PropEx

PropEx is a property de-duplication solution used for Movable and Immovable assets. It helps in identifying unique properties to avoid re-mortgaging of the same property. For Mortgage loans, it is imperative to ensure that the property being financed is not previously financed. Apart from this, it will be useful to determine the complete exposure of the Project that is being considered for funding and the builder’s exposure.

PosCKYC

POSCentral Know Your Customer is built on the basis of an initiative taken by the Indian Government. It enabled customer to complete their KYC process only once across the financial sector. The objective is to reduce the burden of producing KYC documents by customers every time they interact with a different Service Provider.

Technology Overview

Posidex's innovative PrimeMatch and SetMatch Technology are game changing approaches of integrating and serving the customer data instantly to all the business source systems for the purpose of customer due diligence. Explore the exciting PrimeMatch and SetMatch Technology.

PrimeMatch

PrimeMatch® is a path breaking search technology for entity resolution and analytics providing the benefits of scalability to millions of records with great accuracy with an instant response. PrimeMatch® delivers the highest possible reliability when searching, matching, screening or grouping data based on demographic parameters of identification in spite of errors and variations in each parameter.

SetMatch

The deduplication process is a problem of quadratic complexity which means the number of iterations goes up exponentially as the volume of data increases. Conventional approaches takes a long time and significant hardware resources. SetMatch technology can achieve such large scale deduplication and matching process in a fraction of time and with significantly less hardware resources.

PrimeWatch Posidex's Watchlist Screening Solution

Enhance due diligence to meet the rising compliance bar

Customer Data Complexity: A Challenge Addressed by PrimeWatch Screening Solutions

Dealing with customer data has become increasingly intricate and disorderly due to its origins from both trusted and untrusted sources. This complexity poses significant obstacles in detecting fraud and managing risk. As the intricacy and scale of data expand, it becomes essential to enhance watchlist screening, identity verification, business verification, and the onboarding process.

PrimeWatch Screens: Thorough Customer Data Assessment

PrimeWatch Screens efficiently assess customer data against various watchlists, including sanctions lists, watchlists (WL), Politically Exposed Persons (PEP), State Owned Companies (SOC), and Adverse Media. This comprehensive screening process ensures compliance and risk management.

Posidex's PrimeWatch Screens: Offering Tailored Solutions

PrimeWatch Screens by Posidex provide robust solutions for a variety of screening needs, such as:

Global Watchlist Screening
Bank Watchlist Screening
OFAC Screening Vendors
Bridger Watchlist Screening
Crypto Watchlist Screening
Lender Watchlist Screening
Politically Exposed Persons (PEP) Watchlist Screening
Anti-Money Laundering (AML) Watchlist Compliance

These screenings are crucial components of the onboarding and transaction monitoring process, enabling effective compliance with Anti-Money Laundering (AML) regulations.

Integrated Protection: Watchlist Screening's Role

The Watchlist Screening process seamlessly incorporates data protection and compliance categories into your daily operations. It culminates in the creation of a secured file, ensuring comprehensive data protection.

Key Features of Posidex's Watchlist Screening Solution

Flexibility and Configurability

UI-Level Customization: Easily configure matching rules and profiles through a user-friendly interface.
Adaptable Matching Rules: Define or modify rules swiftly, allowing for a variety of rule types.

Eliminating False Positives

Accurate Matching: Prevent false matches by applying specialized rules and null parameter matching.

Seamless Integrations

Business System Integration: Effortlessly integrate with major business source systems for streamlined operations.

Customized Reports

Versatile Reporting: Generate customizable reports in PDF, XLS, DOC, or your preferred format.

Enhanced Agility

Quick Risk Identification: Rapidly identify high-risk customers or entities, enabling proactive risk mitigation.

Streamlined Compliance

Robust Data Protection: Establish rigorous data compliance and protection practices across the platform.

Real-Time Resolution

Instant Screening Response: Provide swift real-time screening against watchlists, facilitating prompt resolutions for businesses.

In the face of escalating data complexity, PrimeWatch Screens and Posidex's Watchlist Screening Solution empower enterprises to navigate challenges with confidence, ensuring adherence to regulations and maintaining data integrity in real time.

PLATFORM