Any firm choosing to use AML software is reminded that full compliance with AML obligations stems not only from the choice of technology platform and data feeds but also from ensuring that appropriate business processes and staff training are in place.
AMLCC
AMLCC was created in 2008 to effectively and efficiently solve the challenges that regulated businesses have in complying with the latest antimoney laundering rules and regulations and has enabled 1000s of UK accountants, bookkeepers, auditors and tax professionals to pass their supervisory visits.
Your legal obligations are not optional and the steps to achieve those obligations are clearly defined. AMLCC provides an interactive set of connected tools to fulfil each of these steps - all online, all in one place.
The AMLCC platform is quickly and easily tailored to your business to assess the risks it is facing and effectively direct resources to facilitate the risk-based approach.
Combining compliance, education and risk management in one, online platform covering money-laundering, terrorist financing and proliferation financing helps identify suspicious activity. Failing to identify and report such activity can lead to a 14 year jail term. AMLCC enables you to prove your compliance at any time.
First AML
First AML was founded in New Zealand in 2017 and has since expanded into Australia and the United Kingdom. It has more than 165 employees globally, 500+ customers and over 375,000 pre verified entities in its network.
First AML streamlines the entire anti-money laundering onboarding and compliance process for accountants. Its platform allows accountants to onboard individuals, international and complex entities easily, making an otherwise complicated and manual onboarding process simple for end users and cost effective and compliant for firms.
InScope-AML
InScope-AML is a highly configurable AML Compliance Management solution used by companies across the UK and EU.
The solution brings together all scattered information and processes, providing a centralized and complete view of the status of your AML risk processes and the risk classification of your customers.
InScope-AML’s is easy to configure, ensuring the software is tailored to your own risk policies and procedures, rather than forcing businesses to abide strictly by rigid workflows. This is crucial for regulated entities to ensure AML processes are in harmony with the stringent requirements set by ICAEW and other regulatory bodies.
With InScope-AML, businesses reduce operational costs and save valuable time while simplifying the customer onboarding experience.
InScope is backed by the latest technologies, a team of over 70 developers and compliance experts, and over 35+ years of global AML experience.