SaaS AML-PRISM™
SaaS AML(Cloud SaaS Anti Money Laundering)
Anti-money laundering solutions as well as infrastructure configuration are important to implement AML systems However, configuring and maintaining this infrastructure requires the appropriate costs and people. The use of Cloud SaaS AML enables cost savings that can mitigate the difficulty mentioned above.
- Major Functions
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- Customer&Employee identification (KYC/KYE) thru sanction list filtering and risk assessment
- Transaction monitoring and STR/CTR reporting to KoFIU &management
- Risk recognition, analysis, evaluation and control activity, monitoring, control activity result evaluation & management (RBA-RA)
- KoFIU KRI management & reporting
- Characteristics
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- By organizing and operating AML Mart without customer information on the CLOUD, security-related problems were fundamentally eliminated. The Users will install ‘OCTA AML-Client’ on his PC. If the user requires customer information in AML process,‘OCTA AML-Client’ invokes the data transfer module and it will transfer the related information from the cloud AML system to the OCTA AML-Client and it also takes the customer info. from its customer Database resided in its intranet.
SaaS Cloud AML
ETL System conceptual diagram
