Anti-Money Laundering
Anti Money Laundering Software
for Banks
Name screening, customer risk management and automated alerts, with statutory reports for FIU-IND.
- Web
- CUSTODIAN suite
Overview
LIST Anti Money Laundering is a web based application, to identify & control money laundering & financial terrorism activities which conduct high risk to financial institutions.
How it works
From start to finish
- 1
Name screening against banned entities
- 2
Customer risk categorization
- 3
Automated alerts at a set frequency
- 4
Statutory reports to FIU-IND
Capabilities
What it does
AML gives a view of approximate or exact matching of banned entities with bank customers called as Name Screening.
Customer Risk management also built up in this system, where categorization of risk, updating customer risks etc are included.
System also generates statutory reports for Financial Intelligence Unit- India (FIU-IND) in its prescribed format.
LIST’s Anti Money laundering software is one of most worthy, flexible & effective tool for financial institutes to identify Financing Terrorism & money laundering activities and report it to government.
The AML application provides functionalities for detection, investigation of suspicious transactions and other activities that are in accordance with the statutory Reporting.
AML is tightly integrated with our own CBS application, and can be integrated with any other CBS application deployed in the organization / financial institution.
Highlights
Highlights of AML
- 01
AML System helps banks / financial institute to trace out illegal activities like money laundering, financing terrorism etc and report it to FIU-IND in their prescribed format with automated process.
- 02
Effective management to control money laundering & terrorism financing.
- 03
AML Facility keeps watch on customer to verify whether he exist in banned list or not.
- 04
Automated alert generation engine which runs periodically at set frequency & generates alerts.
More from the suite
Explore the rest of the suite
- 01 · Interface
CTS Interface
Cheque truncation interface that replaces the physical movement of cheques with electronic images.
- 02 · Web
Audit Module
Batch-wise audit workflow for Concurrent, Internal and Statutory audits, with repeat-point tracking.
- 03 · Web
Credit Appraisal System
Analyse a borrower's credit worthiness and risk ratios before loan disbursement.
Looking for Core Banking Software?
If you are looking for Core Banking Software either for the first time, or you are not happy with your current Solution Provider, get in touch with us and we will be happy to assist you.
- Call
- 0231 2669164
- Visit
- 6th Floor, Elixa Park, C.S.No. 517 A/ 1, E Ward, Old Pune-Bangalore Highway, Shahupuri, Kolhapur, Maharashtra 416001
- Hours
- Mon – Sat, 9.00 am to 6.00 pm