What is AML Watcher?
Offers robust Anti-Money Laundering (AML) compliance solutions designed to improve efficiency and effectiveness in risk management. It utilizes a comprehensive in-house AML database compiled by numerous researchers over a decade, covering global watchlists, sanctions, Politically Exposed Persons (PEPs), and adverse media from diverse sources and languages. The platform focuses on delivering accurate screening results to minimize false positives and negatives, thereby optimizing the compliance workflow.
Key capabilities include screening against global sanctions lists, extensive watchlists (including Special Interest Persons and Entities), adverse media monitoring with sentiment analysis, and multi-tier PEP screening across various jurisdictions. The system supports features like phonetic matching and transliteration for enhanced name screening accuracy. It aims to provide a scalable solution for businesses of any size across multiple industries, simplifying compliance tasks and strengthening defenses against financial crime.
Features
- Sanction Screening: Access consolidated, up-to-date global sanctions data with AKAs/Aliases and entity linkages.
- Watchlist Screening: Screen against extensive datasets of Special Interest Persons (SIPs) and Special Interest Entities (SIEs) from over 3500 official watchlists.
- Adverse Media Screening: Scan international and local news sources using intelligent tagging, NLP, and sentiment analysis.
- PEP Screening: Identify Politically Exposed Persons using a unified database with multi-tier risk levels covering over 2.6 million profiles.
- Crypto Wallet Screening: Screen crypto wallets against global sanctions databases.
- Biometric AML: Utilizes biometric data matching capabilities for high accuracy.
- Custom Search Profile: Select relevant datasets for specific AML compliance needs.
- Custom Risk Scoring: Define risk levels and automate decisions based on specific requirements.
- Batch Search: Perform screening on multiple entities simultaneously.
- Ongoing Monitoring: Continuously monitor entities and detect changes to customer status in real-time.
- Case Management: Integrated tools for managing AML cases and investigations.
- Custom Whitelisting/Blacklisting: Create tailored lists for specific risk profiles.
Use Cases
- Customer Onboarding and Screening
- Sanctions Compliance Monitoring
- Financial Crime Risk Assessment
- Employee Background Checks
- Corporate Due Diligence Screening
- Donor Screening for Non-profits
- Government Procurement Vetting
- Vessel and Aircraft Screening
- Crypto Transaction Monitoring
- Fraud Detection and Prevention
- Transaction Monitoring Compliance
- Anti-Bribery and Corruption Checks
