Optimizing your Anti-Money Laundering and Countering the Financing of Terrorism (AML-CFT) risk coverage.
Our software solution integrates detection scenarios for all types of transactions and identifies individuals on asset freeze lists.
Our smart scenarios combine business rules and machine learning to adapt to all types of customers.
AfterData’s exclusive technology limits false positives, thereby avoiding unnecessarily mobilizing your team’s valuable time. A high volume of unjustified alerts is costly and time consuming!
Our tool automatically logs the processing of alerts from end to end, thereby guaranteeing the durability of data over time. This system meets all regulatory requirements.
AML-CFT What risks?
As of June 3, 2021, the EU’s Sixth Directive on Anti-Money Laundering and Countering the Financing of Terrorism legislative was introduced. It sets out provisions that are stricter and more extensive than those of earlier directives. Previously, only those who directly benefited from the money laundering or who committed the crime themselves could be prosecuted. Liability has been extended from natural persons to legal entities. Learn More