Real-time, cross-channel banking enterprise financial crime management software product company CustomerXPs will showcase its acclaimed product, Clari5, at the upcoming Meftech event in Abu Dhabi.

Meftech, the largest financial technology event in the Middle East and North Africa (Mena) region, will be held at the Abu Dhabi National Exhibition Centre (Adnec) on March 13 and 14.

Featuring industry-leading conferences and a tightly focused trade exhibition, Meftech is the definitive platform where top decision-makers share insights with technology providers and collaborate to rethink financial services.

Voted Best Fraud Detection Product by Risk.net and positioned as enterprise solution in Chartis RiskTech Quadrant, Clari5 has the world’s largest implementations and is helping banks in over eight countries manage more than 500 million accounts, said a CustomerXPs statement.

Clari5 is a non-invasive, real-time, cross-channel system that cross-pollinates intelligence from across all channels and business-critical systems including core banking, loans, mutual funds, cards, POS, ATM switch, internet banking, mobile banking, SWIFT, trade, HR, etc. Its unique architecture ensures horizontal linear scaling using commodity hardware, said the company.
 
Rivi Varghese, CEO, CustomerXPs said: “Banks in Mena are under increasing pressure to quickly detect, prevent and block cross-channel fraud and financial crimes across banking channels, products, and core systems in real-time. The efficacy increases dramatically when the bank unifies all fraud management into a single platform with a 'central-nervous-system approach' which ensures that the massive compute and data management is performed in extreme real-time, across all channels and in-line with the transaction itself. I am excited that we have a platform like Meftech that allows banks in Mena to discover this whole new approach to fraud management.”

CustomerXPs will be showcasing Clari5 at Adnec D4, Hall 5 along with Finesse, its premier technology partner for Mena. - TradeArabia News Service