Ongoing AML
Perform standard AML monitoring of clients and create nitty gritty risk profiles to enhance conversion rates and prevent fraud.
Risk Assessment
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Minimizes false positives
Continuously improve your screening process and avoid paying for erroneous authentications.
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Enhance client onboarding
Develop a seamless handoff process and retain authentic customers by conducting ongoing AML verifications.
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Risk Assessment
Maintain vigilance against fradulent clients and simplify business processes in accordance with strict regulatory regulations.
Automate and Simplify your Risk Assessment Approach
A multi-user platform that consistently addresses regulatory authorities worldwide, identifies money laundering risks within and across business lines, and mitigates risk by closing gaps in AML controls. Presentable reports, summaries and assessments provide investigators, board members and stakeholders with a comprehensive money laundering risk profile.
Approaches to risk assessment and valuation will vary depending on the regulator and jurisdiction in which the organization operates. Our solutions provide comprehensive, automated risk assessments that fit your industry, business model, customer base, products and services, distribution channels, regulatory environment and risk appetite.
Our flexible and scalable platform is ideal for conducting compliance risk assessments for financial institutions, gaming companies, initial coin offerings (ICOs), shipping companies and shipping companies.
Risk Assessment Tailored to your unique Compliance needs
KEY FEATURES OF COMPLIANCE RISK ASSESSMENT
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Qualitative and quantitative criteria used for risk classification.
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Customizable risk factors such as country risk, supply channel risk, product/service risk, and customer risk.
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Set your own risk rating level (low, low-medium, medium, medium-high, high, very high).
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Set dynamic criteria parameters that automatically classify customers as high risk (PEP, high risk country parameters, etc.).
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Multijurisdiction & Multi Regulator parameterisation.
ADVANTAGE
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Establish AML standards based on global best practices and the latest policies and regulations.
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Provides automation that aggregates multiple risk categories and provides seamless updates to reflect regulatory changes.
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Use qualitative and quantitative data capabilities to assess risk and provide a comprehensive money laundering risk profile.
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Clearly communicate risks to stakeholders and regulators while eliminating the need for cumbersome manual reporting.