BRB Bank has signed an agreement to deploy IMTF’s advanced technologies to reinforce its AML and KYC and CFT frameworks.
The agreement, finalised in March 2025, signals the bank’s commitment to enhancing risk management and regulatory compliance amid increasing global scrutiny.
The rollout will see the integration of two industry-leading solutions—IMTF’s Siron® platform and the Creatio platform—aimed at boosting the bank’s capability to identify suspicious activities and manage compliance workflows efficiently. The implementation is scheduled to take place over the coming months, marking a significant upgrade in BRB Bank’s operational resilience.
IMTF’s Siron® platform is a sophisticated compliance solution that leverages artificial intelligence and machine learning to flag high-risk individuals and transactions. It uses real-time monitoring, sanction list screening, and behavioural analysis to detect financial crime in accordance with local and international regulatory frameworks.
Meanwhile, the Creatio platform will introduce automation to compliance processes, supporting both onboarding and ongoing due diligence. Its AI-enhanced capabilities and user-friendly interface are expected to empower BRB Bank’s compliance teams to adapt swiftly to evolving regulatory demands.
The implementation will be led by Confero Technologies, an authorised partner of both IMTF and Creatio. Known for its expertise in deploying financial compliance systems, Confero will customise the integration to meet the specific operational and regulatory needs of BRB Bank.
BRB Bank said the initiative demonstrates its ongoing focus on technology-driven compliance. With these tools, the bank aims to ensure a stronger, more agile response to financial crime threats.
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