PATRIOTcompliance 
USA PATRIOT Act Summary 

On October 26, 2001, the President signed into law H.R. 3162, the USA 
PATRIOT Act, which contains strong measures to prevent, detect, and 
prosecute terrorism and international money laundering. Broadly stated, 
the Act requires that financial institutions know their customers and, 
to the greatest extent possible, their customers' customers.  

Our Solution 

Sybase PATRIOTcompliance solution is a comprehensive, end-to-end, 
real-time solution to help DFIs comply with the USA PATRIOT Act. The 
solution rapidly satisfies the requirements of the Act by implementing 
an automated process for continuous monitoring that is operationally 
unobtrusive, secure and cost effective.  

Sybase PATRIOTcompliance uses knowledge and capabilities 
developed over almost 20 years of managing information, application, 
and process integration. Our solution is designed to meet regulatory 
requirements by providing:   

A 360o Customer View 

Sybase organizes customer information into one easy-to-understand 
screen providing links to all account information and summaries of 
on-going investigations, including Suspicious Activity Reports 
(SARs), which have been filed. Customer-specific detection filters 
are also accessible from this screen along with other data. With one 
click, users can access a complete set of historical data available 
for audit purposes.  

Sybase's intuitive, secure user screens increase the speed and quality 
of searches while reducing the manual effort and cost associated with 
fulfilling the requirements of the Act.  

Transaction Information 

Compliance officers and other members of the investigation team 
have one-click access to all relevant transaction information. 
All transactions (e.g. ACH, SWIFT, etc.) are captured for review. 
Suspicious transactions are tagged and linked to specific investigation 
case numbers or SARs.  

Automatic Screening and Filtering 

Transactions and new accounts can be automatically screened against 
suspect lists such as OFAC SDN, FinCEN, and others. Sybase also 
provides screening of the Customer Information File (CIF - both 
umbrella and application specific) and of company employees against 
suspect lists. Compliance officers can easily re-screen transactions 
when new filters or updates to current lists are set up.  

Comprehensive Collaborative Investigations 

When potential suspicious activity is detected, an investigative case 
is automatically opened. All information related to this case is readily 
accessible by appropriate personnel. At your fingertips is information 
about customers, accounts, transactions, related research, collaborative 
interactions and SARs. Individuals and departments can be privately 
notified and involved in the investigation through collaborative 
interactions and workflow. With Sybase technology, you accelerate 
the "120-hour" investigation process.  

The programmed security level for each of the participants determines 
their level of visibility into the investigation. Access to specific 
data required by FinCEN, other regulators, enforcement agencies and 
other financial institutions can also be facilitated in a secure manner.  

Customized Detection Filters and Lists 

Financial institutions can easily create global or customer-focused 
detection filters that will generate alerts for defined money laundering 
activities. The filters are easily configurable by non- technical personnel 
at the financial institution. Each filter supports flexible time ranges and 
detection frequencies. Multiple filters are definable per customer and 
can cross accounts and transaction types. Internal lists for tracking 
the activity of customers are easy to customize. Implementing a "cleared" 
list of account holders that may have been previously identified as 
suspect allows for faster clearing and improved customer service.  

Alert Notifications 

Officials can be automatically notified of suspected matches or 
important government notifications via email, pagers, wireless 
communication devices or other methods.  

Auditing and Reporting 

Sybase includes powerful reporting tools that give management the 
ability to instantly track cross-departmental progress of investigations, 
SARs, and the involvement of specific personnel in investigations. 
Ad hoc reports are easily generated through an online report wizard.  

Powerful Regulations and Procedures Knowledge Base 

The fully integrated online knowledge base gives personnel instant and 
simplified access to pertinent regulatory policies and procedures. Each 
department within the organization can be guided appropriately during 
the investigation process. Access to content is controlled by category. 
Content can be stored locally or remotely. A powerful search engine  
gets the right information. 

                           -==-

Source: Sybase - http://www.sybase.com/solutions/patriotact

Cheers, Steve..

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