Anti-Money Laundering Suites
Anti money laundering systems and solutions listed on our vendor directory. Use our research platform for AML software evaluation with analysis and comparison of key functionality required by banks and other financial services institutions to support KYC, PEP & FATCA compliance.
Case Management Systems
Automated AML case management capabilities, combined with monitoring and alerts, enable investigators to perform more effectively and help identify and mitigate financial crime risk.
Know Your Customer Systems
Know your customer. Know your customer (alternatively know your client or 'KYC') is the process of a business verifying the identity of its clients and assessing potential risks of illegal intentions for the business relationship. These system verify customer identity.
Transaction Monitoring Systems
A transaction monitoring (TM) system is an important component of an effective anti-money laundering (AML) compliance program. TM systems help financial institutions identify unusual or suspicious activity that must be reported to regulatory authorities, and aids law enforcement in tracking and prosecuting criminals involved in money laundering and terrorist financing.
Watchlist Screening Systems
A Watchlist Screening system provides for the screening of master data against lists of Sanctioned individuals and companies, Politically Exposed Persons (PEPs), and other lists of high risk individuals and organizations. FIs use a Watchlist Screening system to identify individuals and entities that present a potential source of risk to their business, territory, or overall safety, and then manages the compliance review and reporting process.
An AML system is defined as transaction monitoring and/or watchlist screening software and associated modules such as onboarding/CDD, case management, compliance dashboard, and reporting