AML Evidence Lake™

Accelerate your AML compliance.

Criminals have weaponized AI/Machine learning to breach conventional AML detection tools. As such financial institutions, casinos, or money service businesses should not look at financial crime from a solely regulatory perspective. With the rise of quicker payments and more sophisticated money laundering schemes, there are sizable challenges in detecting and preventing money laundering targeted at their customers and themselves. In addition, the current ever-changing environment is creating the need for the addition of more rules and the need to change thresholds of old rules. The conflicting part is every institution have specific rules and thresholds that applies to them but not to others. Therefore, is it a manual process to both add new rules and changes thresholds which often include contacting the vendor to do it. This whole process is tedious and costly. With AML Evidence Lake™ , this issue is addressed.

AML Evidence Lake™ Features

Detect and investigate Money Laundering scenarios with a graph-based link analysis

Increase AML investigation efficiency with
point & click evidence exploration

Save time and money self-configuring
your own smart rules

Multi-year evidence retention in a single
financial crimes platform

AML Evidence Lake™ Benefits

Visualize Your Analytics in Real-time
Multi-Channel Link Analysis

Uses graph database to gives a 360 view of all the data connected to the subject to further help analysts with the investigation.

Improve Operational Efficiency
Instant Validation with Simulation

Be at ease when making any changes to the Smart Rules as the changes can be validated immediately with an Alert Simulation showing the Manager what alert would have been generated in a given time frame if the changes were made in the past.

Define Your Risk-Based Policies
Monitors All Types of Watchlists

Upload any type of watchlist into AML Evidence Lake and it will be scanned across your customer base and transactions counterparty generating alerts for Analyst to work on. This can include 314A or any custom list provided.

Define Your Risk-Based Policies
One Click FinCEN VPN E-filing

All the data in the alert and case will automatically be pre-populated in the SAR and CTR forms to save Analyst time from entering the field one by one and prevent potential human error. Additionally, extra validation is added so that no SARs or CTRs will be filed to FinCEN with warnings or fatal errors to give the Manager and Analyst the peace of mind.

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AML Evidence Lake™ Resources

Datasheet
AML Evidence Lake™

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White Paper
The Path to Modern AML Compliance – a Celent Study

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On-demand Webinar
Explainable Machine Learning – AML & Fraud Models

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