ANTI-MONEY LAUNDERING SERVICES
Automate the lower-end of AML alerts investigation through a knowledge-assisted process
Services
Mphasis Anti-Money Laundering services cover consulting, technology & process outsourcing around Transaction Monitoring implementations. We enable enterprises with false positive investigations and identify alerts for trade finance-based AML. Our experts re-engineer business configurations, define business and functional requirements, build POCs, evaluate vendors, and implement or upgrade vendor platforms such as Actimize SAM, eRCM and Oracle Mantas. We also offer data engineering to ensure data quality management and equip enterprises with our AML alert triaging capabilities.
Mphasis Anti-Money Laundering Services helps enterprises comply with legal requirements to actively monitor for and report suspicious activities across the transaction life cycle.
The AML Investigation Solution Complements Existing Investments in Screening and Case Management But Can Supplement them Where there are Missing Functions or Capabilities; Identifies False Positives Using Fine-Grained Screening Rules
Pre-Populates Investigation Reports with Supporting Evidence, Learns from Investigators’ Actions, Continuously Improving Pre-Processing and Screening of Cases
Provides Full Audit History of All the Actions Performed by Investigators
Unique User Interface is Designed Around the Ad-hoc Nature of Investigation, Providing a Complete Set of Tools to Drill Down, Analyze, and Report on Transactions and Customer Details
Seamless integration with NextAngles KYC (Know Your Customer) Module
Generates Complete Customer and Account-Level Risk and Behavior Profiles, which Can Be Aggregated Across Multiple Lines of Business and Customers’ Organizational Control Hierarchies