“ASEBA AML” Anti-Money Laundering Solution Generated Great interest among Serbian Bankers
Asseco SEE in Serbia organized “Prevent Money Laundering” workshop presenting Asseco SEE anti-money laundering solution named “ASEBA AML”. Since there is a big global need of identifying and monitoring activities related to money laundering, the topic generated the great interest among Serbian bankers also, and the workshop gathered more than 45 participants from 30 banks.
Asseco SEE in Serbia organized “Prevent Money Laundering” workshop presenting Asseco SEE anti-money laundering solution named “ASEBA AML”. Since there is a big global need of identifying and monitoring activities related to money laundering, the topic generated the great interest among Serbian bankers also, and the workshop gathered more than 45 participants from 30 banks.
The presentations showed some of the main characteristics of ASEBA AML that bring benefits to the banking operations:
- Effectively assisting banks to comply with AML regulations in different countries and international standards;
- Monitoring of all customers, accounts and transactions data and delivering accurate, prioritized alerts directly to desktop application in real time;
- Generating specific reports imposed by local regulatory authorities and reports based on defined suspicious activity criteria;
- Robust analytics for Clients and Transactions;
- Determining the Client and Transaction Risk Score;
- Management of customer Peer Groups;
- Analysis of relationships among different transactions;
- Visual comparisons of risk profiles;
- Sanction lists management (blacklists, white lists, PEP lists, internal sanction lists, etc.);
- Document management system – archiving of exchanged files, possibility for their re-generation and the ability to search through their content;
- Multi-language support.
The visitors of this workshop also had opportunity to experience live demo of enhanced risk monitoring of clients and the transactions that they made, timely detection of suspicious behavior and on-line control of transactions that ASEBA AML enables.