Anti-money laundering (AML) and compliance model Increased awareness and concerns regarding terrorist and criminal financing are resulting in more stringent financial regulations. Maintaining compliance to these constantly evolving regulations across multiple territories and lines of business is a significant challenge.
The Detica NetReveal® model for anti-money laundering and compliance supports your business in maintaining regulatory compliance and provides effective risk management including AML and sanctions list checking.
Detica NetReveal® provides the following benefits:
auditable, repeatable process with tailored workflow, AML models and reporting functions to maintain regulatory compliance;
know your customer (KYC) and these customers’ relationships by having a ‘single view’;
identification, monitoring and management of risks at customer inception and throughout the customer journey;
matching with internal company and third-party data sources;
reduced false positives;
prioritised management of alerts from multiple systems and product lines;
effective detection and reaction to new modus operandi.