+91 79-2979-8090
1023, 10th Floor, Shivalik Satyamev, Sardar Patel Ring Rd, Ahmedabad-380058

Anti-Money Laundering for BFSI

Problem Statement

Create a central customer screening system that analyses and makes decisions based on the alerts generated within the system for various Watch-list categories (PEP, RCA, Sanctions, Trade Control, etc.).

Identify and protect the institution from any transactions fraud that may lead to money laundering or terrorist financing, and result in the institution filing relevant Suspicious Transaction Reports (STRs) to FIU-India.

Value Proposition

Key Elements of AML Solution covers all processes including –

Solution Strategy

Customer Screening

  • Onboarding /Existing Customer Screening & Watchlists
  • DWJN Watchlist Data Maintenance

Transaction Monitoring

  • Identifying the Money Laundering Transactions
  • Red Flags the transactions
  • Rule-based Transaction Monitoring

Alert Generation Process

  • Rule-based Alert Generation Process
  • Alert Management Workflow
  • Facility of E-File, STR Reporting