AML risk assessment software provides analysis of business vulnerabilities to money laundering and terrorism financing. An AML risk assessment report identifies the level of risk to enable adequate policies, procedures and controls to manage the risks. AML360™ software meets regulatory expectation of the risk-based approach. The AML risk report is customised to the country, sector and type of business entity.
Visualisation
Heat maps support the risk report findings.
Easy to Use
No training required.
Reporting
Detailed report and guidance manual.
The AML360 business risk assessment allows AML compliance officers to log into a secure account and complete their AML business risk report. As an AML risk assessment software, configurations to meet the regulatory risk-based approach are automated. Your AML/CFT risks are detailed in heat maps and an explanatory report. Prompts and tips are included for developing policies, procedures and controls.
Inadequate AML business risk assessments are low-hanging fruit to regulatory action. Businesses often fail to identify areas with the most significant risk of unwittingly facilitating money laundering or terrorism financing. The AML360 risk solution solves the complexity and costs in completing this mandatory compliance obligation.