Track Compliance Activity
AML Case Management
AML Case Management: Your auditor and AML supervisor expect to see evidence of customer risk profiling and account activity monitoring. This requires a system capable of a work process flow and maintenance of record keeping. In doing so, independent third parties can understand the judgement and determinations made. The AML360 case management register delivers from all corners of regulatory expectation.
If your firm has not yet experienced the benefits of regulatory technology, get in touch with AML360™ for a free trial.
The AML Compliance Officer can quickly track, open and close cases.
Assign responsible persons, set deadline dates and track progress.
The register displays higher risk priority status.
Benefits of AML Case Management Register
Anti-Money Laundering Compliance has many administrative matters that an AML Compliance Officer must manage.
This includes client risk ratings, ongoing monitoring, updates of client data, risk reporting to management, internal reviews, statutory audits and more.
An AML/CFT Case Management register assists to keep matters organised with updates and reviews actioned through automation.
AML Case Management Co-ordinates the AML/CFT Compliance Framework
AML Compliance can allocate different responsibilities to different people. An AML Case Management register enables AML/CFT compliance officers to coordinate and track progress and status.
The AML Compliance Officer can instantly see the priority levels of each case and whether the matter is ‘Open’ or ‘Closed’.
Use AML Case Management for Every Apsect of AML/CFT Compliance
The AML/CFT Compliance Officer can enter the detail of a task, set the priority level and due date and assign a responsible person.
By taking a co-ordinated approach to AML/CFT compliance duties, it is less likely a deadline will be missed which also reduces the probability of an AML/CFT breach occurring.
Senior managers and Board members can get peace of mind in knowing a structured approach to AML/CFT compliance is applied.
AML360™ provides compliance solutions so your firm does not struggle with the simple aspects of managing AML/CFT compliance.
We have AML/CFT software for every aspect of compliance obligations so your business can concentrate on core objectives and not consume a heavy burden on limited human resourcing.
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