Anti-Money Laundering Solution

ENSURING AML COMPLIANCE

Why Anti Money Laundering System?

To empowers BFSIs to strengthen their anti-money laundering efforts, mitigate risk, and maintain regulatory compliance effectively.

Auto-check transactions and detect irregularities

Our system performs transaction monitoring to identify any suspicious transactions or high-risk activity, which are flagged as indicators of money laundering. The system compares customers’ transactional data with established rules, identifying any unusual patterns and assisting compliance teams in investigating these transactions thoroughly.

AI Ready

It has a combination of rules with machine learning models. Machine learning models are trained using data from completed money laundering cases, enriching the existing matching algorithms embedded in the software.

It can help reduce false positives, detect anomalies and enable customer clustering.

Evaluating the level of risk

By analyzing various factors such as economic background, expected deposits, and transaction history, we provide accurate risk assessments for each customer relationship.

The software automatically assigns a risk category to each relationship, typically based on customer risk, product risk, transaction risk, country risk, and distribution channel risk. Additional factors can be customized, and in certain situations, specific risk classifications can be assigned on an individual basis.

Gain comprehensive reporting capabilities

The reporting feature offers in-depth data and statistics for generating comprehensive reports. Every modification to a data record is meticulously logged in an audit trail, capturing the date, time, and initiator of each change in precise detail.

Our System Core Function

API Integration

Offers APIs that are integrable within the core banking system.

Infrastructure

Can be implemented as a SaaS solution or in its own infrastructure.

Web UI

It has dashboards, simple menu navigation, and extensive reporting functions. Provides user-friendliness to users.

Get Connected with Our Specialist Today

Eliminate the pain points in your credit data submission by using our solution.