CWG Partners Clari5 Partner To Tackle Bank Crime in Real-Time
Technology solutions provider, CWG has signed a strategic alliance with banking enterprise financial crime risk management products company: Clari5 to help African banks curb enterprise fraud and money laundering.
Through this strategic partnership, CWG and Clari5 would provide solutions to African banks to counter enterprise-wide fraud and money laundering risk. Banks across Africa can now benefit from the unparalleled advantages of Clari5’s extreme real-time, cross channel, enterprise-wide fraud risk management capability.
Group CEO, CWG, Adewale Adeyipo said, “We are tremendously excited to partner with Clari5. The pan-African fraud and money laundering landscape has become alarmingly sophisticated over the last few years and clearly banks are seeking more efficient solutions to combat the scourge. But dealing with the new reality is beyond the league of conventional, siloed anti-fraud solutions. With Clari5, banks now the power of a world-class enterprise-wide real-time financial crime management solution that has been changing the way banks fight financial crime.”
Also commenting, Clari5 CEO, Rivi Varghese, said 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.”