Ensure Regulatory Compliance with a Risk-Based Approach to AML and CFT
Define and enforce business compliance policies through entire customer and transaction life cycles.
Ensure that you know your customers by accurately identifying and screening them against global sanctions, watch and PEP lists. Use secondary identifiers such as date or birth and identity numbers to reduce false positives and increase accuracy of matches.
Access results from past searches across AML, CFT, PEP and sanctions lists for up to one year, so you can provide proof of AML compliance and submit multi jurisdictional regulatory reports.
Conduct risk-based analysis through a highly customisable risk scoring system that is based on red flags for money laundering. Embed customer screening into existing onboarding workflows, and assign customers into low, medium and high risk groups for further enforcement action.
Conduct rapid customer onboarding and ongoing customer monitoring with quick and easy access to identification documents that can be uploaded to a repository and shared with business partners.