KCB Bank Group has selected NetGuardians, Swiss-based firm to further enhance its capacity to ensure data security and mitigate risk. The company is a dedicated software company recognized for its revolutionary solutions to control operational risks from business operations to IT and is also conveniently packaged for the banking sector.
The move by the financial institution will allow it to use NetGuardians’ NG|Screener software solution that has already earned the confidence of banking clients around the world. NG|Screener uses smart behavioral analysis to monitor and analyze all user activities in real time, offering continuous control of all operational risks from business operations to IT.
Alerts allow rapid intervention when potential risk is detected and automated reports facilitate reporting and auditing. The software integrates seamlessly into all major banking software platforms.
Through ongoing R&D, NetGuardians ensures that NG|Screener solutions stay ahead of evolving fraud tactics and IT risks. KCB expressed commitment to its clients to being proactive and providing protection in the face of growing risks like fraud, data theft and information leaks.
Back in 2007, KCB started off its digital journey with the implementation of the T24 core banking system. The platform now provides fast and efficient customer service and has the capacity to offer technology-driven products.
The banking Group will gain the ability to detect unusual user behavior within their infrastructures 24/7 through the technology. This will allow immediate action taking in the case of attempted fraud.
The Bank will continue to invest in technology solutions to create more efficiency and make banking delightful, introduce targeted products and services to meet customer needs, develop its people to meet global service delivery standards and better engage with its customers and wider stakeholder community.
Clients should therefore expect solutions that are technologically ahead, easy to use and integrate and directly aligned with client needs. The bank also aspires to improve fraud migration, operational and IT risk management, transparency and governance. In conjunction with Netguardians, the institution is sure to provide innovative solutions and address serious challenges.