Smart Infotech

It isn’t enough to simply set up an AML software. AML Compliance officers also need to verify that the software is operating efficiently & effectively. The AML-TRACE dashboard helps the officers accomplish just that. The AML-TRACE dashboard acts as an early warning system when the configured anti-money laundering transaction monitoring model isn’t working properly or generating relevant results. As such, it is a necessary tool for the authorities concerned to proactively take steps towards changes to their institutions’ AML risks & AML model performance. AML Compliance Program Its benefits:- Get accurate findings after AML PEP screening The dashboard improves the agility, efficiency, and effectiveness of the AML software. It shows accurate findings and thus gives alerts (if any) after the sanctions and PEP list screening processes.  Save company reputation As potential illegal transactions are identified in advance, the company’s reputation gets saved from getting tarnishe...