Anti-money laundering

An Essential UK AML/CFT Toolkit to Simplify Compliance

For less than £60 per week, the UK AML Toolkit supports money laundering reporting officers by providing a Firm-wide assessment, Client risk profiling, Transaction monitoring, a HealthCheck to measure the strengths and weaknesses of the compliance framework, Geography risks and Case management. Delivered as a plug-and-go web-based solution, the AML Toolkit will radically reduce operational costs and achieve compliance efficiency.

Best AML Software

UK aml toolkit

A Complete AML/CFT Digital Framework.

AML Customer Profiling

Client Profiling

Transaction Monitoring

AML Compliance Toolkit

Business Risks

Compliance HealthCheck

AML Compliance

Case Management

AML Toolkit

Geography Risks

Management Reporting

Features

Automate Compliance with Regulatory Technology

The UK AML toolkit empowers business owners to be readily informed on all aspects of an AML/CFT compliance framework. Alleviate the burden from money laundering reporting officers and gain compliance efficiency with affordable regulatory technology.

AML Software
anti-money laundering
anti-money laundering Managed Services

MANAGED SERVICES

Optional Dedicated AML Professional

You can opt-in to managed services. We appoint you a dedicated AML compliance professional experienced in your industry sector. Your dedicated professional is your first point of call for any ad-hoc queries. They will also alert your money laundering reporting officer when a matter requires attention. This compliance management oversight service is offered at a fraction of the cost of a full-time compliance professional.

Select Your Plan (GBP)
Software Only
+ Managed Services
  • Firm-wide Assessment
    Firm-wide Assessment
  • Geography Risks
    Geography Risks
  • AML HealthCheck
    AML HealthCheck
  • Case Management
    Case Management
  • Client Profiling
    Client Profiling
  • Account Monitoring
    Account Monitoring
  • Compliance Professional
    Compliance Professional
  • FIrm-wide Assessment
    FIrm-wide Assessment
  • AML Health Check
    AML Health Check
  • Geography Risks
    Geography Risks
  • Case Management
    Case Management
  • Client Profiling
    Client Profiling
  • Account Monitoring
    Account Monitoring
  • Compliance Professional
    Compliance Professional
Professional
£210month
  • Firm-wide Assessment
  • Geography Risks
  • AML HealthCheck
  • Case Management
  • Client Profiling
  • Account Monitoring
  • Compliance Professional
Professional
£630month
  • FIrm-wide Assessment
  • AML Health Check
  • Geography Risks
  • Case Management
  • Client Profiling
  • Account Monitoring
  • Compliance Professional
Executive
£630month
  • Firm-wide Assessment
  • Geography Risks
  • AML HealthCheck
  • Case Management
  • Client Profiling
  • Account Monitoring
  • Compliance Professional
Executive
£1050month
  • FIrm-wide Assessment
  • AML Health Check
  • Geography Risks
  • Case Management
  • Client Profiling
  • Account Monitoring
  • Compliance Professional

If you have a larger number of clients and transactions or different requirements for your AML Toolkit, click on the contact button below to send us a request for a personalised, no-obligation quote. 

In recent years more firms have turned to managed compliance services because they can leverage compliance teams to quickly and efficiently implement and maintain a compliance program. The alternative of hiring an in-house full-time equivalent employee (FTE) may simply not make sense in the current regulatory and personnel environment. Many firms, paralysed by indecision, simply do nothing, which can lead to very bad regulatory, reputational, and business outcomes.

A reasonable AML compliance program must include an experienced money laundering reporting officer, include the involvement of senior management, have adequate systems in place and adopt customised policies and procedures, train staff, and maintain records.  

AML360's managed services incorporates each of these elements at a fraction of the cost to hiring a full-time equivalent professional. In doing so your AML compliance costs can be reduced between 50% to 80%. Because we take advantage of regulatory technology, we also ensure your business gains compliance efficiency.

Using a third party compliance firm to provide your compliance services, including utilising regulatory technology, offers many benefits over hiring one or more full time employees. AML360's managed services can implement a compliance program quickly and efficiently with an experienced team that applies an industry-wide perspective.  

Our team of compliance professionals have more regulatory knowledge than any one person a firm could hire.

When an issue arises, your firm can appeal to AML360's management for corrective action. Our firm, unlike a person, does not take vacation or sick days or ask for a promotion. Also, turnover among internal compliance officers has become an industry-wide problem. Faced with a limited career path, many compliance officers leave after a few years to make more money or to experience a different type of firm. In these circumstances your firm must go through the decision-making and hiring process all over again, creating business disruption. AML360's managed services eliminates all these issues.

AML360's managed services brings an independent perspective to the compliance function. Institutional clients and regulators value this independence and often give more weight and credibility to a compliance review prepared by an outside party rather than somebody reporting to senior management.

Conversely, an in-house AML compliance officer is inherently conflicted because he/she reports to senior management that may be the cause of the problem. In many cases, the AML Compliance Officer gets blamed because senior management views the compliance officer as the cause and not the solution. Unlike an outside firm which has many clients, an in-house AML compliance officer faces significant disruption if a compliance breakdown fractures the relationship with management.

What are the signs that a firm has done too little to implement an effective AML compliance program?  They fail to spend enough on compliance. 

Firms also fool themselves into thinking they have done something significant. For example, they buy a compliance manual online or adopt policies and procedures but decline to implement their requirements. A do nothing firm may inform an internal employee that he/she is now the AML Compliance Officer and allocate minimal resources to compliance. AML Supervisors often cite these practices in various enforcement actions as examples of failures to implement effective compliance programs.

Failing to implement a compliance program also will not work with institutional clients.

Once a firm makes it onto the regulator's bad actor list, expect to see them on a regular basis.