Intelligent AML Solutions

Customer Due Diligence for Individuals and Organisations, including; watch list filtering, automated monitoring and real-time results from over 150 countries

Solutions

Searches Group provides end-to-end AML solutions that integrate data and knowledge to help you remain compliant with legislation and regulation, our solutions include Customer due diligence (CDD), on-going due diligence (ODD), alert and watch list filtering, screening and monitoring.

Searches Group's solutions;
  • Provide unmatched depth of real-time data in your AML program by incorporating a wide range of independent data sources for Personal and Non-Personal initial and on-going due diligence.
  • Guard against system obsolescence with a proven data model that encompasses individuals and businesses from over 150 countries.
  • Reduces false positives and enhances performance by automatically applying a Risk Based Approach to Customer due diligence orgainsation wide, automatically generating alerts and warnings that can be subjected to additional investigation or escalation. – allowing your personnel to quickly and easily carry out their due diligence in real-time.
  • Improve the effectiveness of initial and ongoing due diligence with an automated alerts monitoring process that risk-ranks alerts based on every customer.
  • Rapidly process customers, avoiding unnecessary delays or costs, using a web-based interface that supports the input, assessment, management and reporting needs of types of user, without the need of specific system or AML training.
Searches Group's solutions are designed to help organisations of all sizes to be compliant with money laundering legislation, regulations and guidelines including;
  • Third European Money Laundering Directive (EU 3MLD)
  • United Kingdom 2007 Money Laundering Regulations
  • Joint Money Laundering Steering Group (JMLSG)
  • United States Patriot Act
  • The Law Society
  • Financial Action Task Force (FATF)
  • Financial Services Authority (FSA)
  • International Bar Association (IBA)
  • Council for Licensed Conveyancers (CLC)
  • Council of Mortgage Lenders (CML)
  • Institute of Financial Accountants (IFA)
  • Association of Chartered Certified Accountants (ACA)
  • Institute of Chartered Accountants in England and Wales (ICAEW)

Learn more about Customer Due Diligence, Warning List Filtering Monitoring and data sources.

Searches Group partners include;