Contact Information Nikhil Fafat is with Crowe Horwath LLP and can be reached at +1 312 899 4492 or nikhil.fafat@crowehorwath.com. Mo Nasar is with Crowe and can be reached at +1 630 574 1846 or mo.nasar@crowehorwath.com. Chris Sifter is a director with Crowe and can be reached at +1 312 857 7363 or chris.sifter@crowehorwath.com. An effective EFT entity resolution approach that can overcome the limitations of the most commonly attempted solutions must function in all three major phases of EFT data processing: 1. Data ingestion. The system enters data from standardized raw formats and collects it in a central repository. 2. Data resolution and cleansing. The system standardizes and cleanses the data, merges similar entities, cross-references against master institution lists, and then links merged entities to their original transactions. 3. Data delivery. The system transforms and delivers data to match commonly used transaction monitoring systems such as NICE Actimize, Oracle® Mantas, and Fiserv Financial Crime Risk Management solutions. In addition, an EFT entity resolution approach ideally will offer a number of other attributes.

For example, an effective solution should include automated data inputs and outputs to reduce manual overhead and errors. It also should be scalable, allowing the institution to adapt to organic growth as well as merger and acquisition activity. An effective EFT entity resolution approach also must be flexible enough to accommodate different methods of operation and transaction processes across various lines of business, and it should be capable of accommodating new data sources and operations that might be developed in the future. The Goal: Proactive Data Management In addition to improving BSA/AML compliance efforts, the ultimate goal of an effective EFT solution is to enable institutions to anticipate and adapt to future trends in transaction technology as well as future developments in regulatory requirements. With EFT transactions continuing to account for a growing share of bank transactions, such an approach can be a powerful tool for accelerating and empowering an institution’s transaction monitoring and customer due diligence functions while simultaneously improving overall productivity and effectiveness. www.crowehorwath.com In accordance with applicable professional standards, some firm services may not be available to attest clients. This material is for informational purposes only and should not be construed as financial or legal advice. Please seek guidance specific to your organization from qualified advisers in your jurisdiction. © 2015 Crowe Horwath LLP, an independent member of Crowe Horwath International crowehorwath.com/disclosure FS-16005-010E .