This feature bolsters the efficacy of our screening process. Intelligent filters sift through an extensive database of profiles, pinpointing potential risks based on pre-set parameters. Fuzzy matching utilises sophisticated algorithms to detect non-exact matches and variations in names and identities, ensuring that even subtle links to money laundering or terrorism financing are not missed.
Our software conducts comprehensive due diligence checks on clients and transactions. These checks include PEP, Sanctions, Adverse Media, and ID Verification screening, offering a thorough insight into potential risks and ensuring regulatory compliance. Decisions and risks can be allocated to each profile based on the risk appetite of your organisation.
Alongside initial due diligence checks, our system provides ongoing monitoring of client activities. This allows for real-time detection of changes to the status of your customers.
Our software conducts comprehensive due diligence checks on clients and transactions. These checks include PEP, Sanctions, Adverse Media, and ID Verification screening, offering a thorough insight into potential risks and ensuring regulatory cOur system enables users to whitelist trusted entities, reducing the number of false positives and streamlining the screening process. This feature simplifies compliance efforts and allows resources to be focused on genuine risks.omplDecisions and risks can be allocated to each profile based on the risk appetite of your organisation.
We provide a detailed analysis of jurisdiction-based risk, granting businesses a clearer understanding of the potential dangers associated with operating in certain geographical regions. This can be crucial for identifying high-risk jurisdictions associated with money laundering or terrorism financing.
Our system offers comprehensive reporting capabilities, generating detailed reports on demand. This aids in demonstrating regulatory compliance and provides crucial insights for risk management strategies.
Our platform supports multiple users at no additional cost, allowing for collaborative compliance efforts within your organisation. This enables various team members to access and use the software simultaneously for seamless operation.
Our software is versatile and can cater to the needs of multiple organisations simultaneously. This makes it ideal for corporations with multiple subsidiaries or for service providers who need to manage compliance for various clients.
Our platform supports multiple languages, making it accessible and easy-to-use for teams across different regions. This feature ensures that language barriers do not hinder your compliance efforts.
We provide timely email notifications for any potential risks or suspicious activities detected by the system. This ensures a prompt response and helps maintain effective control over compliance processes.
Our system allows users to create custom watchlists and blacklists. This feature can be tailored to specific risk profiles, enabling a more targeted approach to AML/CTF compliance.
Our software includes robust data management features, ensuring that all client and transaction data is securely stored, easily accessible, and properly managed. This aids in maintaining data integrity and compliance with data protection regulations. Data can be deleted at any time by the compliance officer through our portal.
We prioritise the security of our platform and your data. To that end, we employ multi-factor authentication to prevent unauthorised access to your accounts and sensitive information.
Our software offers API functionality, allowing for seamless integration with your existing systems. This means you can incorporate our AML/CTF compliance features into your current operations without major disruptions.