Financial services

Business Data Strategy for banks and financial institutions

Anti-money laundering, fraud prevention, transaction monitoring, and governance for institutions supervised by BaFin, Germany’s Federal Financial Supervisory Authority, built on experience monitoring more than 70 million transactions a day.

Why banking institutions retain SIMO

  • Andreas O. Schwan, a mathematician (Diplom) with more than 20 years in financial services, was accountable for monitoring more than 70 million transactions a day at one of Europe’s largest banks.
  • AML reference case (2025): end-to-end monitoring with audit-ready evidence, aligned with BaFin’s expectations.
  • Engagements of the company and its Managing Partners: 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

    • Core banking system
    • SWIFT and SEPA
    • Customer records
    • Risk sources

  2. Control layer (designed with SIMO)

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

  3. Outputs

    • Regulatory reporting
    • AML cases
    • Risk dashboards
    • Customer 360 view

Read the reference case

Related topics

Next step

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