NetCompliance is a compliance suite from Netlive IT AG for banks and other financial institutions. It brings data from systems such as core banking, CRM and archives into one central view and gives compliance teams a cockpit for case management. Functions include name matching against sanctions lists and adverse media, profile monitoring, detection of deviations in payment behaviour and pattern recognition using artificial intelligence. Name matching can be reached through APIs and interfaces, and according to the vendor the suite is open to third-party products, for example for fraud detection.
Netlive IT AG is headquartered in Teufen, Switzerland, and no parent company is named on its website. Switzerland is not in the EU, but it is an EFTA country with an EU adequacy decision for data protection. The website does not state where NetCompliance is hosted, nor whether the suite can run on-premises. Ask the vendor about the delivery model, the data location and the sub-processors before you connect sensitive customer and transaction data, and record the answers in the contract.