False Positives & Alert Fatigue
Industry professionals grapple with the overwhelming volume of alerts generated by ongoing monitoring, leading to false positives and the challenge of differentiating genuine threats from false positives that impact overall operational efficiency.
Advanced Technologies
Integration of advanced technologies in the screening process is undeniable for industries as it impacts the efficiency and effectiveness of risk mitigation. Ensuring seamless integration of modern measures for stronger defense remains a persistent industry challenge.
Regulatory Compliance Complexity
Abiding by a complex and evolving regulatory framework presents a significant challenge in ongoing AML monitoring. Maintaining that monitoring practices align with changing regulations demands competitive monitoring protocols.
Customer Risk Profiling
Developing a comprehensive understanding of customer behavior across various channels and integrating this information into risk assessments requires advanced analytics and a unified approach to customer profiling.
Minimize Risk with Automated Daily Monitoring
Navigate through the tedious challenge of manually screening customers for changes in risk profiles by automating monitoring to identify risks as soon as possible. Avoid needless re-screening, fostering speed and accuracy across diverse business units.
- Custom risk levels
- Adaptable “add list” feature
- Ultra-low false positives
Streamlined Case Management
Monitor daily, high-risk customer data from people, entities, organizations, vessels, and aircraft to keep pace with regular changes, in-house communication, and audit trails using:
- Customer Analysis
- Enhanced Due Diligence
- Ongoing Monitoring
- Alert Generation
- Risk-based Monitoring
Stay Informed of Ongoing Changes
Ensure continuous updates for everyone interacting with your business, including vendors, business partners, and stakeholders. Keep an eye out for anything that changes across the customer lifecycle with AML Watcher’s reliable and comprehensive view of every business relationship.
Centralize Control Using Tailored Monitoring
Each business is unique, so must be your monitoring measures. Keeping track of structural choices and needs, handle the screening process of thousands of searches with options that best align with industry standards and unique business needs.
- Batch screening
- Rule-based risk monitoring
- Custom list updates
- Alert Generation
- Manage assignees
