PRODUCT EVALUATION

Use technology to evaluate product risk and maintain a risk register.

Regulatory Compliant

Governments expect businesses to evaluate the risks of their products and services. The AML360 evaluation tool maintains a product/services risk register.

Risk Report

Each product/services risk evaluation is contained in a report which can be downloaded for stakeholder disclosure or for supporting audit and onsite visits.

Key Risk Indicators

The evaluation will provide primary key risk indicators, giving an profile of each, as well as an overall risk score / risk level for each product and/or service. Use the risk based approach.

Global Solution

Financial services organisations that operate across multiple jurisdictions can easily keep on top of AML/CFT risks by maintaining a group product/services register.

money laundering risk assessments

Size and Complexity

This compliance tool can be used for banks, casinos, money remittance, foreign exchange, derivative traders, lawyers, real estate, accountants and brokers.

Stakeholders

Your stakeholders include AML supervisors and auditors. Your risk report will clearly set out the Key Risk Indicators and Risk Drivers so they understand product risk.

Balance Resources

Conducting a product and/or services risk evaluation can be completed within minutes. This saves significant human resourcing elements.

Maintenance

Risk evaluations can be updated and/or amended at anytime. This is a totally flexible service offering meeting requirements of best practice.

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