Banking & Financial Services

Business Data Strategy for banks and financial institutions

Anti-money laundering, fraud prevention, transaction monitoring and governance, designed for institutions under BaFin supervision and 70 million transactions a day.

Why banking institutions retain SIMO

  • For more than 20 years Andreas Schwan was accountable for the transaction systems of tier-one banks, carrying 70 million postings a day.
  • Reference case anti-money laundering 2025: end-to-end monitoring with audit-proof evidence, aligned to the expectations of BaFin.
  • Engagements of the company and its managing directors: major banks in Germany and abroad, financial services providers and a banking association. We do not disclose client names for data protection and confidentiality reasons.
  • On request, operations stay entirely in-house. Your transaction data does not leave your sphere of control.

Banking: where SIMO fits into the existing landscape

Information flow from the core systems through the control layer to reporting and compliance.

Diagram as text

  1. Core systems

    • Booking core
    • SWIFT and SEPA
    • Customer records
    • Risk sources

  2. SIMO control layer

    • Data lineage and governance
    • Anti-money laundering and fraud prevention
    • BaFin audit trail
    • GDPR and EU AI Act

  3. Outputs

    • Reports to the supervisor
    • AML cases
    • Risk dashboards
    • Customer 360 view

Read the reference case

Related topics

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