Anti-Money Laundry (AML)

date : 05-02-2013
count visitor : 1

  • AML provides automatic surveillance against money laundering/AML and terrorist financing. The AML module implements requirements of the third EU Money Laundering Directive.
  • The system performs an automatic risk calculation of customers, accounts, and transactions. Factors and properties such as nationality, domicile, account type, and product are the basis for risk analysis.
  • The system's automatic surveillance module performs advanced pattern analysis of each transaction, according to the specified scenarios in EU and other laws / directives. The system issues a warning when it finds a pattern match. Each warning is handled as a case that needs to be investigated and documented. It provides powerful tools to assist the user in this process.
  • The system automatically checks customers against sanction / terrorist lists. AML is fully integrated with KYC

Lists

  • OFAC
  • UN
  • Central Bank
  • Ability to add any list upon client request

Alerts

  • AML will alert the user on all matching and indicia, with the ability to filter any data table

Reports

Client Field Indicia (based on indicia profile setting (Dynamic))

  • AML will alert the user on all matching and indicia, with the ability to filter any data table

Client Field Indicia (based on indicia profile setting (Dynamic))

  • Risk Level (High, Medium, Low, Percentage)
  • Client Type (Entity, Individual, Card Type (to be added))
  • Account Number
  • Full Name Arabic, English
  • All fields that Indicia will match (Post Code, Country, Telephone, City, Nationality, etc.)

List Matching

  • List Matching Report with OFAC
  • List Matching Report with UN
  • List Matching Report with Central Bank