Solutions for life insurers
Introduction
Multi-bank reporting at scale and audit-ready KYC/ AML operations for life insurers
Finologee supports life insurers with two independent platforms: Finologee Banking Orchestrator for multi-bank connectivity, reporting consolidation and data standardisation, with payment execution available when required; and Finologee KYC Manager for digital onboarding and ongoing KYC/AML, including risk scoring, periodic reviews and remediation. Use either solution independently, or connect them to bring verified counterparty information and screening results into payment processes.
At a glance
At a glance
Statement retrieval at scale
Retrieve statements and reporting across banks through a single access point.
Data transformation & standardisation
Route retrieved statements directly to a data transformation layer to produce consistent, standardised datasets.
Cash and custody visibility
Consolidated view across cash positions and, where needed, securities and safekeeping reporting.
Governed payments when needed
Approval workflows, strong authentication options and full traceability for controlled execution.
Digital onboarding and file lifecycle
Structured collection
of data and documents, reviews, periodic updates and remediation campaigns.
Screening, risk scoring and monitoring
Risk-based workflows with screening and ongoing monitoring to keep files current and audit-ready.
Key capabilities
High-volume reporting retrieval across banks and custodians Centralise statement retrieval across banks and custodians, reducing reliance on multiple portals and channels.
High-volume reporting retrieval across banks and custodians Centralise statement retrieval across banks and custodians, reducing reliance on multiple portals and channels. Centralise statement retrieval across banks and custodians for monitoring, reconciliation and downstream reporting.
- Retrieve balances, transactions and statements across multiple banks through a single access point
- Deliver reporting through APIs or controlled exports into treasury, finance and accounting platforms to support reconciliation, monitoring and control processes
Configurable data transformation and standardisation Route retrieved statements into a configurable transformation layer to standardise formats and produce system-ready datasets.
Configurable data transformation and standardisation Route retrieved statements into a configurable transformation layer to standardise formats and produce system-ready datasets. Standardise formats so teams and systems consume consistent outputs instead of bank-by-bank files.
- Route retrieved statements directly to an ETL (data transformation layer) for transformation and standardisation
- Configure mappings and standardisation rules to produce consistent datasets rather than bank-by-bank files
- The transformation layer can run in the client environment or be hosted on Finologee’s compliant Support PFS platform
Consolidated cash and securities visibility Unify cash positions and, where required, securities and safekeeping reporting.
Consolidated cash and securities visibility Unify cash positions and, where required, securities and safekeeping reporting. Bring together cash positions and, where required, securities and safekeeping reporting to support liquidity and investment monitoring across custodians.
- Aggregate cash positions across banks for a consolidated view of liquidity and account activity
- Consolidate securities / safekeeping reporting alongside cash where required for custody visibility
- Support monitoring dashboards and operational views across multiple custodians and institutions
- Improve transparency for treasury, investment operations and control functions
Governed payments, signing and traceability Enable controlled execution with configurable approvals, authentication and audit trails.
Governed payments, signing and traceability Enable controlled execution with configurable approvals, authentication and audit trails. When payment execution is required, enable controlled workflows with configurable approvals, strong authentication options and audit-ready evidence.
- Route payments through maker- checker and multi-level approval paths aligned with internal control models
- Support governed signing journeys with segregated responsibilities
- Maintain clear traceability across actions, approvals and execution status
- Leverage a governed beneficiary and payer directory to improve data quality and control
Digital onboarding and KYC file lifecycle management Digitise onboarding, periodic reviews and remediation campaigns with guided interactions.
Digital onboarding and KYC file lifecycle management Digitise onboarding, periodic reviews and remediation campaigns with guided interactions. Digitalise onboarding and ongoing due diligence with structured outreach, guided data collection and lifecycle workflows.
- Collect client information and documents through guided, white-labelled interactions
- Coordinate internal teams across front-office, operations and compliance in one platform
- Run periodic reviews and remediation campaigns to keep files current
- Maintain a single source of truth for KYC decisions and evidence
Data, document and UBO enrichment Orchestrate identity verification, corporate data and beneficial- owner enrichment in one place.
Data, document and UBO enrichment Orchestrate identity verification, corporate data and beneficial- owner enrichment in one place. Orchestrate best-in-class data and verification services within KYC workflows to improve quality and reduce manual checks.
- Integrate identity verification, corporate data and UBO / ownership transparency providers via APIs
- Enrich files with validated data and improve document quality controls
- Reuse existing provider contracts or activate curated components already integrated
- Keep consistent workflows and data structures across products, channels and jurisdictions
Screening, risk scoring and continuous monitoring Embed AML/sanctions screening and monitoring into workflows, aligned with your risk policies.
Screening, risk scoring and continuous monitoring Embed AML/sanctions screening and monitoring into workflows, aligned with your risk policies. Embed AML/sanctions screening, risk assessment and monitoring into day-to-day KYC operations, aligned with your policies and jurisdictions.
- Connect AML and sanctions screening providers as part of onboarding and reviews
- Apply risk scoring and policy- driven workflows to route cases and controls appropriately
- Support continuous monitoring and targeted follow-ups when changes or alerts occur
- Produce clear, audit-ready evidence for internal control and supervisory expectations
Banking Orchestrator
Finologee Banking Orchestrator
Centralise multi-bank reporting retrieval and standardise bank data across your account-holding banks and custodians. When required, enable governed payment workflows with controlled approvals, authentication options and full traceability.
“Finologee’s value proposition, based on the use of modules within their products in a ‘marketplace’ mode, was very interesting as it allowed us to implement exactly the features that really responded to our pain points.”
Hocine Berrane
Chief Information Officer at CALIE
How stakeholders interact
How teams interact
Built for teams spanning treasury, operations and compliance, with controlled access and a shared audit trail.
Operational reporting and liquidity control
Centralise access to balances, transactions and statements across banks, with standardised outputs for monitoring and reconciliation. Where execution is enabled, initiate payments through the interface or integrations, and route them through governed approval paths.
Typical access scope
- Accounts & reporting
- Monitoring dashboards
- Payment initiation / execution
- Approval steps
- Beneficiary directory
- Audit trail
Claims and premium account workflows
Use consolidated reporting outputs to support operational controls around premium accounts and cash activity. When payment execution is enabled, route sensitive actions through governed approvals and keep a complete decision trail for oversight and audit work.
Typical access scope
- Accounts & reporting
- Monitoring dashboards
- Payment initiation / execution
- Approval steps
- Beneficiary directory
- Audit trail
KYC/AML controls and audit readiness
Review governed workflows through clear traceability, audit reporting and permissioned access. This supports oversight missions and strengthens control evidence across reporting and, where applicable, payment execution journeys.
Typical access scope
- Accounts & reporting
- Monitoring dashboards
- Payment initiation / execution
- Approval steps
- Beneficiary directory
- Audit trail
Typical workflows
Typical workflows
Common Banking Orchestrator workflows for life insurers.
Retrieve
Standardise
Monitor
Reconcile
Centralised retrieval of statements and reporting across banks
Work from one interface to retrieve balances, transactions and statements. Retrieved statements can be routed into a data transformation layer to standardise formats before delivery into reporting systems.
Aggregate
Analyse
Report
Evidence
Unified dashboards across cash and custody reporting
Consolidate cash positions and securities / safekeeping reporting to support liquidity and investment monitoring across custodians.
Initiate
Approve
Execute
Track
Payment execution with approvals and status tracking
Initiate payments in the interface or via integrations from treasury, ERP or accounting systems. Apply maker-checker approvals and track status end to end with audit-ready traceability.
Maintain
Categorise
Approve
Use
Beneficiary management with clear controls
Maintain a controlled beneficiary directory with categorisation and approval steps to improve data quality and reduce operational risk.
KYC Manager
Finologee KYC Manager
Digitalise onboarding and ongoing due diligence for policyholders, distributors and counterparties. Centralise data and documentation collection, orchestrate third-party verification and screening services, and keep files up to date through continuous monitoring and remediation campaigns.
Typical workflows
Typical workflows
Common KYC Manager workflows for life insurers.
Request
Collect
Validate
File
Digital onboarding with guided data and document collection
Engage clients through white-labelled journeys and collect consistent information without manual email follow-ups.
Verify
Enrich
Review
Evidence
Identity verification and corporate / UBO enrichment
Orchestrate third-party data sources through APIs to enrich profiles and improve data quality.
Screen
Score
Review
Decide
AML and sanctions screening with risk-based routing
Run screening and apply risk scoring to route cases to the right controls and decision-makers.
Monitor
Outreach
Update
Close
Periodic reviews and remediation campaigns
Keep files current through scheduled reviews, targeted outreach and structured update workflows.
Standardise
Export
Consume
Audit
Standardised KYC outputs for internal systems and reporting
Deliver consistent datasets to downstream systems and processes, supporting oversight and operational efficiency.
Ready to innovate and tailor solutions to fit your needs?
Let’s connect and explore what we can create together.