Decrease regulatory risk, reduce false positives and increase efficiency.
An organisation's AML procedures are one of its most scrutinized risk management processes. Institutions, trade associations and regulators continue to recognise the need to integrate data and processes from security, fraud and compliance to form more efficient Customer Due Diligence procedures for financial crime risk management.
More
Customer Due Diligence
Customer due diligence (CDD), also known as Know Your Customer, is the process by which an organisation verifies the identity of the individual or entity with which it is doing business. This is then supplemented by ongoing due diligence (ODD), which consists of analytic routines that verify that the information provided by the customer continues to comply.
More
Watch List Filtering & Monitoring
Regulated organisations are obligated to screen customers against numerous watch and alert lists. These include sanctions lists of entities with which firms are prohibited from transacting, as well as Politically Exposed Persons (PEP) lists of individuals who hold a position of prominence in foreign governments.
More
Deployment Options
AML Protektor provides deployment flexibility, including a fully hosted solution, which can substantially reduce implementation time and total cost of ownership.
AML Protektor can also be integrated, as a point-of-sale service, or as a fully automated screening platform within existing desktop and web based software systems. This can help organisations address the command and control issues that have resulted in enforcement actions.
More
AML Protektor can also be integrated, as a point-of-sale service, or as a fully automated screening platform within existing desktop and web based software systems. This can help organisations address the command and control issues that have resulted in enforcement actions.
More
AML Search is the UK standard in Anti-Money Laundering Customer Due Diligence screening. AML Search is used by Banks, Solicitors, Accountants and other organisations to provide robust, real-time screening.
AML Protektor is the most advanced Customer Due DIligence solution available today. Individual and business due diligence, watch list filtering and automated on-going monitoring reduce the time and cost required meet the regulatory requirements.
Leading software providers and Enterprises integrate Searches Group solutions to automate their Customer Due Diligence or offer our solutions to their clients.
Learn more