Data agnostic, automated search across third party, internal, and open sources datasets in near real time concurrently.
Effective checks and reporting for AML compliance require huge resource commitments. Our solution enables you to automate all stages of your AML checks, including onboarding, monitoring and complex EDD for higher risk customers, saving up to 85% of your analysts’ time.
More Stringent Regulations
Tighter regulations and an increasing threat mean businesses are under more pressure to carry out more, and more thorough, checks.
Manual Processes are Driving Up Costs
Manually carrying out AML compliance checks, in particular enhanced due diligence for higher risk customers, require much more time, impacting costs of compliance and customer experience.
Data Agnostic Automation Not Available
Solutions capable of delivering efficiencies by automating all aspects of AML including monitoring and EDD stages that require multiple data sources not available.
Our solution, Scout®, is a unique automation platform capable of scaling to handle all aspects of AML checks including EDD and ongoing monitoring to maximise operational efficiency.
Save 85% of your team’s time
True single intelligence environment for KYC that integrates commercial, consented, open source and internal data, significantly saving time and reducing costs.
Out-of-the box integrations include GB Group, LexisNexis, CreditSafe, Companies House, open-source intelligence, and credit reference agencies.
Create search and risk assessment workflows that collate and analyse across your data sources, along with visualisation of links, make it much easier to discover hidden connections and risk.
Standardised, concise reports with all sources referenced enable your analysts to make better decisions and more easily meet compliance standards if audited.
Customise your workflows to assess risk of all levels of complexity, at any stage of the customer relationship, whether it is simple or high-risk customer onboarding or ongoing monitoring.
Include variable data like Companies House to monitor your customers, reassess at periodic points, and then proactively identify customers whose patterns of behaviour are moving towards offending.
Automation of cross referencing and drawing links across disparate datasets reduces the errors that can occur when doing this manually and improve accuracy.
Overcome the problem of returning too many results from open-source searches with tools to create highly targeted automated searches around keywords, proximity, timeframe, and document type.
The generation of reports in less than sixty seconds allows you to make decisions quicker and improve the experience for genuine customers.
Businesses face increasingly strict compliance regulations, enforcement and fines; and, at the same time, more sophisticated money laundering strategies from criminals. Read our blog to understand how to more effectively and faster carry out enhanced due diligence to stay compliant.
With numerous technology solutions in the market, it can be a problem to know and understand which one is best for you. In this article, we pick apart the core elements of a successful enhanced due diligence investigation so you can better evaluate a provider’s offering.