Real-time risk assessment & AML compliant management
Adverse Media & PEP scan with 24/7 profile updation
6+ million articles screened daily via AI & NLP-driven AML
Complying with anti money laundering frameworks can be a major obstacle. To adapt to the evolving cyber-risk landscape, organizations require comprehensive screening, tailored filters & 24x7 monitoring. Legacy AML solutions are simply too limited to take on this challenge.
With our advanced AML software, businesses can identify AML risks in real-time, prevent fraud & financial crime, and ensure compliance with AML & due diligence requirements.
PROBLEM
Legacy AML Hinders Compliance & Increases Risks
Labor-intensive Profile Screening & Updating
AML that relies heavily on analysts often generates outdated and vulnerable data, neglecting profile reviews for extended periods.
Rudimentary Filtering Capabilities
Legacy providers lack the capability to offer precise risk management that includes sophisticated filtering options based on PEP levels or sanction lists.
Limited Operational Visibility
Notifications regarding risk changes for profiles are not timely, resulting in delayed updates reflected in the system only after uploading and re-screening processes.
Repetitive & Non-Pertinent Matches
Analysts face the challenge of sifting through irrelevant media and encountering white noise due to their reliance on keyword searches and generic taxonomy methods.
Continuous System-wide Updates
PEPs and databases are updated every 24 hours and watchlists are scanned every 15 mins, allowing our AML software to update changes & profiles in real time
Tailored Risk Assessment
Our AML software creates custom risk categories & modifies screening to minimize false positive alerts and drown out the white noise, reducing the burden of manual reviews
Constant/ Regular Surveillance
Advanced AI technology provides real-time notifications with audit trails for risk category changes & screening hits to detect any unusual patterns or fraudulent activity
AI & NLP-powered Scanning
AI & NLP-driven scanning combs through 6+ million articles per day & classifies these according to FATF guidelines to produce actionable AML insights and metrics
SOLUTION
Detect, Safeguard & Comply with AI-powered AML Software
FEATURES
SignDesk’s industry-grade Anti-Money Laundering Software ensures regulatory compliance & integrity of financial transactions, to safeguard business reputation by detecting, reporting & preventing financial crimes.
Customizable
Screening
Customized screening against PEP, global watchlists, sanctions lists based on risk categories identifies high-risk profiles and lowers the risk of false positives.
Real-time & Continuous
Monitoring
Intelligent algorithms and ML technologies streamline real-time transaction monitoring and detect suspicious patterns & potential money laundering activities for changing risk categories.
Dynamic & Automated
Updates
Smart AML software updates databases, PEPS, watchlists in real-time regularly reflecting the changes & updated profiles allowing businesses to focus on genuine alerts.
Risk
Assessment
AI & ML-based evaluation of customer profiles, transaction histories, and risk indicators assess the level of money laundering risk associated with individuals or entities.
Compliance
Reporting
AML software generates comprehensive reports and maintains an audit trail of activities, supporting regulatory compliance and providing evidence for internal and external audits.
AI & NLP powered
scanning
AI and NLP-powered AML software can utilize advanced technologies for efficient and accurate scanning & analysis, promoting scalability and productivity.
Full Digital Experience
Assured AML Compliance
AML software helps businesses meet regulatory obligations and ensure adherence to anti-money laundering laws, by reporting requirements to combat financial crimes and maintaining system integrity.
Ramp-Up Growth
Risk Assessment & Mitigation
ML technology utilizes advanced algorithms and data analytics to detect patterns and anomalies, enabling early identification to help businesses implement effective risk mitigation strategies that reduce potential losses, reputational damage, and legal consequences.
Frictionless Process
Financial Crime Prevention
Our AML software screens the internet & databases continuously for adverse media, PEPs & AML sanctions to bolster safety measures, mitigate financial crime and strengthen AML strategies.
Low Processing Time
Enhanced Client Experience
AML software facilitates robust customer due diligence by automating identity verification, screening against watchlists, and monitoring customer profiles, ensuring a secure and compliant onboarding process with better customer experience.
Low Cost
Data Privacy & Security
AML software employs robust encryption techniques, remote authorized access, and data protection protocols to safeguard sensitive customer information, mitigating the risk of data breaches and unauthorized access to instill customer trust.
Ramp-Up Growth
Scalable Screening & Filtering
Our AML software scans millions of profiles per day and streamlines AML compliance processes in bulk by handling increasing volumes of data seamlessly and adapting to evolving regulatory requirements.