| Base60 AML, second-generation solution, facilitates the financial institution in detecting and reporting any illegitimate activities; thereby prevents the fraudulent customers from uttering anymore-mischievous acts. Base60 AML has an enterprise wide approach in tracking and monitoring transactions focusing at hindering the persevering money laundering activities, efficiently and effectively. Base60 AML enables the financial institution to trace out the laundering activities of its customers by its dynamic rule based scenarios. Base60
AML firmly offers an applauded end-to end solution that
facilitates the financial Institution
- To achieve complete regulatory
compliance quickly and cost effectively
- Flexible configurations of
conditions/situations that serve the purpose of picking
up the suspicious transactions/customers
- Perform transaction behavior
analysis
- Perform link analysis to
reveal the hidden mystery behind the customer/transaction
- Fully comply and yet have
minimal impact on business by having a combination
of ‘real time’ and ‘batch’
transaction processing
- Manage, define and configure
process steps/procedures that endues bank for verification
and investigation process of exceptional customers/transactions/accounts
who may prone to be suspicious
- Generate day-to-day report
on transactions in varied type that are more illustrious
and detailed in the preferred format
- Periodic extraction, transformation, data integration from heterogeneous data sources and source-to-target mappings using in-built ETL tool
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