Protegent Anti-Money Laundering Module
Protegent Surveillance’s Anti-Money Laundering (AML) Module expands the capabilities of the core solution. The module detects conditions which may be indicative of suspicious activity and identifies circumstances warranting further due diligence. This tool also allows your firm to automate surveillance of accounts to verify client suitability, improve field supervision processes, measure and rank account risk, and respond quickly to regulatory and legislative challenges.
Features
- Provides composite view of all exception conditions around AML analysis
- Detects patterns and trends in accounts as they relate to suspicious activity
- Analyzes account characteristics such as PO Box, Net Worth and Income relative to activity
- Issues alerts when NASD Red Flag conditions are met
Benefits
- Expedites review process for compliance personnel
- Highlights high-risk issues to aid in surveillance
- Achieves focused analysis and results
- Streamlines processes with workflow and case management