AML Software
EWRA, Sanctions Screening, KYC, CDD, Risk Assessment,
Transaction Monitoring, goAML Reporting, and Case Management.
AML Software
It is critical to have AML Software that depends on artificial intelligence rather than some stringent numerical rules. Such an AI-based solution will be critical in identifying unusual transactional patterns, intelligent analytics, and detailed reporting functionalities.
From a regulated entities' standpoint, KYC, Screening, Customer Risk Assessment, Case Management, and Transaction Monitoring automation are of utmost importance. AML Software providing a world-class customer onboarding experience, sanctions screening, and transaction monitoring, can help achieve efficiency and compliance with legal requirements.
We help you choose the best AML Software for KYC, Screening, Risk Assessment, Case Management, EWRA, and Transaction Monitoring.
Become AML Compliant.
Get the world-class AML software
How does AML Software Work?
AML Software provides name screening, KYC, risk assessment, transaction monitoring, goAML reporting, and case management functionalities. It helps you capture customer KYC forms and assists you with sanctions screening. It also performs ongoing screening to ensure that you remain compliant all the time!
AML Software helps you carry out Enterprise-Wide Risk Assessment and Customer Risk Assessment. Its transaction monitoring module provides you with the functionality to define rules for suspicious transactions and patterns. It generates alerts for you when its algorithm and machine learning techniques detect a suspicious pattern. It helps you generate internal SAR and STR and provides a workflow mechanism for further investigation, approvals, and submission with the goAML portal. Its case management functionality helps you track all the cases till their resolution. and approvals.
Key Functionalities of AML Software
- Enterprise-Wide Risk Assessment
- Know Your Customer (KYC)
- Case Management
- Ongoing Screening and Monitoring
- Customer Risk Assessment
- Record-keeping
- Name Screening
- Customer Due Diligence (CDD)
- Enhanced Due Diligence
- Transaction Monitoring
- Regulatory Reporting
- Workflow
With the help of AML UAE Consultants,
Get your ultimate AML Software today!
We help you choose the best AML Software for KYC, Screening, Risk Assessment, Case Management, EWRA, and Transaction Monitoring.
AML Software Features
Make an informed decision before entering a business transaction by making use of the comprehensive list of features in the Investigator Platform.
Individual Search
Enriched Data
Batch Search
Search Algorithm
Audit Trail
Individual Search
Enriched Data
Batch Search
Search Algorithm
Audit Trail
PDF Reports
PDF Reports
Workflow
Automation Features
Cloud-based Delivery
Real-time Updates
AML Software helps you remain compliant with the legal requirements
AML Software Use Cases
Sanctions Screening
Investigations and Due Diligence
Immediately identify risk anywhere in the world and share results with stake holders in a clean, concise report with your branding.
Lookbacks and Bulk Screenings
Risk Assesments and Visualisation
Provide insights into financial data patterns, facilitating proactive detection and mitigation of illicit activities.
Data Licensing
Improve your product and win new business.
Your end-to-end solution for AML Compliance, with consultancy expertise from AML UAE. Protect your organisation against the risks of financial crimes with the help of leading GRC experts in the field.
FAQs about AML Software
AML software is an automated solution designed to detect and prevent money laundering and financing terrorism activities. It employs advanced algorithms and techniques to identify suspicious transactions, monitor customer behaviour, and ensure compliance with regulatory requirements.
AML software is implemented by integrating it into the existing infrastructure of reporting entities. Implementation involves data migration, integration with front-office and ERP systems, configuration of transaction monitoring  rules, staff training, and continuous upgrades.
Installing AML software is crucial to mitigate the risks associated with money laundering and financing terrorism. It helps businesses to comply with regulatory requirements, avoid fines, protect their reputation, and safeguard their customers’ assets by detecting and preventing illicit activities in real-time.