Anti Money Laundering
In this age of financial crime and heightened regulatory supervision institutions are under pressure to tighten controls. Money Laundering has become a major risk. Regulators are clamping down on institutions that cannot satisfactorily prove they have systems and controls to stem the flow of illicit funds.
Rhyme is current on the latest regulatory changes, money laundering trends, and enforcement policy.
AMLOCK not just offers an Anti-Money Laundering solution but also assists in Fraud detection. It gives financial institutions of any size and transaction volume a means to detect and investigate suspicious transactions and ensure regulatory compliance with FATF, Basel, FSA, JMLSG, and MiFID.
AMLOCK, the Anti-Money Laundering solution from Rhyme is a purpose-built solution, ideal for institutions seeking an efficient, scalable and comprehensive solution for all aspects of AML compliance.
AML Modules:
- Client Due Dilligence
- Link Tracer
- Risk Categorisation
- Transaction Monitoring
- Case Management
- Legal Track
- Reporting
Rhyme believes its Anti-Money Laundering solution AMLOCK, is a veritable force in the age of financial crime and heightened regulation. Its advanced transaction monitoring, rich user-friendly investigation dash board, and unified case management system streamlines workflow processes, speeds investigation and automates reporting.