Why Some of the World's Largest Banks Are Using BNM360

Increased Efficiency

Increase efficiency leveraging seamless digitization of DDQs and automated workflows.

Accuracy

Automatically answers questionnaires using CENTRL’s domain-trained AI model with unprecedented accuracy.

Transparency

Streamlined review process with detailed source references and collaboration features.

Modules

DDQ Monitoring & Issue Management

Master Agent Bank & Account Database

Account Management Workflows

Invoice Management and Reconciliation

Groundbreaking Generative AI Solution Designed To Transform Risk and Diligence Oversight

  • Functions as an AI Analyst seamlessly collaborating with human analysts, amplifying expertise and efficiency
  • 100% traceability, logging every response with a comprehensive and detailed audit trail for transparency
  • Learns from user behavior and feedback to continuously improve AI accuracy and performance
  • Provides efficiency by completing diligence related tasks in minutes, rather than days. Achieves an outstanding accuracy rate of over 95%
  • Delivers enterprise-grade security, ensuring the highest level of data protection

DDQ Automation

  • Use AFME, Wolfsberg & other standard templates from system library
  • Edit standard templates in application or upload proprietary questionnaires
  • Configure your scoring frameworks
  • Bulk publish assessments to Agent Banks or set up recurring schedule
  • Conduct clarifications in application
  • Auto-assign questions and sections within your organization for evaluation
  • Centralize all evidence and documents in single repository with in-app viewer

Transformational Efficiency Drivers

  • Pre-populate answers from last cycle, saving everyone time
  • Agent Bank only updates and you only evaluate “what has changed”
  • Auto-score Y/N and Multiple Choice answers
  • Auto-extract answers for reporting
  • Automated workflows for scheduling DDQs by risk level

Complete Platform For Agent Banks To Respond

  • Agent Banks get comprehensive view of incoming DDQs
  • Agent Bank users can delegate sections and questions within their organization
  • Agent Banks can upload documents and respond to clarifications within the application
  • Agent Banks can export DDQs into an editable PDF, respond offline, and re-import their answers
  • Agent Banks can focus on providing only answers that have changed since the previous DDQ
  • Agent Banks get single file library of all uploaded documents with complete audit trail

Track Issues & Manage Resolution

  • Create issues to track risks and gaps based on DDQ responses or independently
  • Document issue status, severity, recommendations, and other attributes
  • Publish issues to Agent Banks and interact with them on updates
  • Collaborate internally with other users to coordinate resolution
  • Create action plans and manage progress from discovery to remediation

Detailed Analytics & Dynamic Dashboards

  • Detailed analytics at the Agent Bank and portfolio level
  • Drill down, cross-section, and time series analyses
  • Dashboards to track progress of DDQs, Issues, and Assignments
  • Run benchmarks across portfolio at detailed question level
  • Customize dashboards to your preferences, everything from default filters to data visualizations
  • Configure dashboard access by organizational role and access
  • Auto-generate executive and summary reports from DDQ data

Resources

Case Study

Top 10 EU Global Bank Sees 80% Efficiency Gains By Fully Automating DDQs with BNM360 and Invoice Aggregation

Top 10 EU Global Bank Sees 80% Efficiency Gains By Fully Automating DDQs with BNM360 and Invoice Aggregation.

Sep 24, 2024

CENTRL Announces Client Case Studies Showing Major ROI From Its AI Solutions

CENTRL Announces Significant ROI for Investment Managers Leveraging Its Generative AI Solutions.

Nov 13, 2024

Response360: The Revolutionary Solution for DDQ and RFP Responders

Response360 is the first of its kind generative AI solution for questionnaire respondents of DDQs, RFPs and security questionnaires. Leveraging cutting-edge generative AI technology, Response360 dramatically reduces time spent answering questionnaires while increasing the accuracy of responses.

Jul 22, 2024