Neterium SRL


Erste Group and Neterium are partnering to implement next-generation transaction screening

Erste Group and Neterium are partnering to implement next-generation transaction screening

Neterium is very proud to announce that Erste Group, the leading financial service provider in the eastern part of the EU which serves more than 16 million customers in over 2,000 branches in 7 countries, is starting a large-scale integration pilot of Neterium’s Jetflow transaction screening solution.

Jetflow is an API-based, real-time and infinitely scalable transaction screening solution that sets a new bar for watchlist screening in terms of performance (efficiency, throughput, latency), data analytics, explainability and flexibility.

The selection of Neterium’s solution follows a thorough due diligence process and functionality testing phase.

The pilot will consist of a test and tuning phase, followed by a full-scale parallel run phase, with a view to progressively move all of Erste Group’s entities to production in 2024.

“We are very positive to partner with Neterium as we are fully committed to prudent management of Compliance risk by investing in our IT landscape. The future of Compliance Risk Management is driven by an increased complexity level and we are looking forward to a partnership with Neterium that will help us efficiently and effectively to adapt to regulatory requirements.” – @Iris Bujatti, Chief Compliance Officer, Erste Group Bank AG.

“We are honored to have been selected by Erste Group and we are confident that our highly scalable and flexible Jetflow solution will effectively address Erste Group’s demanding requirements. We are very thrilled to work with the Erste Group’s team on this pilot and we look forward to a successful long-term partnership’ – @Luc Meurant, Chief Executive Officer, Neterium.

Join us at SIBOS in Toronto and drop by Neterium stand DISS 33 to discover more.

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