AML Compliance

Our software seamlessly integrates AML into your existing investor workflows, enables collaboration between manager and investor, and ensures confidence from auditors.

AML Compliance

Anti-Money Laundering (AML) compliance is about more than checking a name against a database. It’s about ongoing monitoring in the context of the client profile, their activity, and the complex relationships between and among clients and counterparties. Manual, error-prone AML compliance procedures create inefficient, slow workflows – and increase the risk of non-compliance. 

Benefits of the Finomial Platform

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Risk-Based Approach

  • Review hits in the context of the investor data, documents and activity
  • Streamline reviews based on priority
  • Enable overrides and reporting

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Beneficial Ownership

  • Deep mapping of Underlying Beneficial Owners (UBOs)
  • Controlling Persons, Related Parties
  • Drill down to “n” levels of beneficial ownership

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Global & Local Data

  • Finomial integrates with third party AML databases
  • You choose the source
  • LexisNexis Bridger, Refinitiv Worldcheck, ComplyAdvantage, RDC & others

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Audit & Reporting

  • Full audit log with transparency for business users
  • Management reporting metrics are fully customizable