Why ORBS?
A visionary risk management and analytics solution for intelligent reporting and supervision
ORBS is changing the way financial institutions, regulatory authorities, supervisors, central banks and governments approach risk, bringing never-seen-before levels of transparency for improved reporting and supervision.
Functionality of ORBS
The risk analytics life cycle
1. Sanctions test
Analyse sanction screening effectiveness and efficiency with world-leading sanction screening testing technology from AML Analytics. Following testing, view market risk implications in the Risk Matrix.
2. Risk assessment
ORBS supports both on and offsite risk mitigation activities. It gathers information efficiently and assesses risk effectively. For offsite risk mitigation, questionnaires are sent to entities and managed via ORBS.
3. Quantitative risk assessment
Carry out a quantitative risk assessment via ORBS where entities input currency and financial data. ORBS calculates and presents assessed risk across an entire market.
4. Transaction monitoring validation
Test and validate transaction monitoring system rules and performance using world-leading transaction monitoring testing and validation technologies from AML Analytics.
5. Entity remediation plan
Based on risk assessment results, a supervisor is able to issue follow-up actions to as many entities as needed.
6. Training, analytics & support
Ongoing training, analytical insights and support for entities and supervisors alike from our expert AML/CFT team are readily available. This is tracked and risk scores adjusted upwards to show improvement.
7. AML Education
An area of the risk analytics lifecycle also facilitated by ORBS is education. AMLE is a tailored solution for AML/CFT professionals. Fully integrated into ORBS, training modules and examination results for participating entities feed into the Risk Matrix
As an integral part of an organisation’s risk analytics process, it presents an entire market’s risk on a single screen for absolute clarity, understanding and reporting.
The solution supports the whole risk analytics life cycle from sanctions testing and quantitative risk assessment, all the way through to remediation and education.
Regulators & supervisors
ORBS is the ultimate tool in risk analytics for regulatory authorities, supervisors, central banks and governments. It drives full understanding of emerging and prevalent risk across entire jurisdictions, facilitating easy identification of inherent vulnerabilities so that appropriate mitigating controls can be applied.
Financial institutions
ORBS enables smarter, faster, more intuitive analysis, reporting and understanding of risk for financial institutions. The solution facilitates trust through transparency, driving the upwards reporting of risk scores from entity to head office, streamlining an EWRA across all geographies.
AML/CFT e-learning and training
for compliance and risk professionals
AMLE is a state of the art e-learning and training platform for compliance and risk professionals working in the AML/CFT arena. It delivers practical and powerful training solutions for effective learning in accessible bite-sized modules.
Learners connect with engaging content in text and video formats for an interactive learning experience so that concepts are easily understood and absorbed.
AMLE ticks all the boxes in terms of meeting expected CPD requirements and training standards. It provides a recognised certification programme with a high-quality examination and assessment process.
As a stand-alone subscription module, AMLE supports AML/CFT e-learning and training as a critical stage of the risk management life cycle. Training data feeds into the Risk Matrix to provide a complete picture of an entity’s risk for ultimate regulatory oversight.
Ready to talk?
If you want to learn more about why ORBS might be for you, we’re always read to talk.
Email: hello@orbs-risk.com
Call: +44 (0) 1264 889 339