ANTI MONEY LAUNDERING VERIFICATION SYSTEM THAT BRINGS INDIVIDUAL SEARCHES INTO YOUR VISUALFILES ENVIRONMENT.
Anti-money laundering regulations are something that legal professionals have become accustomed to carrying out, as non-compliance brings with it heavy financial penalties or even imprisonment. The need to demonstrate satisfactory verification for each client or beneficial owner can take a great deal of time, adding additional cost and time delays.
Our widely acclaimed anti-money laundering tool, powered by SmartSearch, benefits from the very latest technology which unites an infinite group of firms, users and locations with the common purpose of fulfilling their AML regulatory obligations in the most efficient manner possible.
The very latest technology delivers an unrivalled user experience to over 1,750 client firms and around 25,000 users, enabling them to comply with the latest 2017 Anti Money Laundering (AML) Regulations and fulfil their AML, Customer Due Diligence (CDD) and Know Your Customer (KYC) compliance obligations.
With no requirement for clients to provide identity documents, the “SmartSearch Way” is much more convenient for your clients and more cost effective for your Firm. From start to finish an Individual AML check takes less than 30 seconds and a Business AML check takes less than 3 minutes, including automatic Sanction & PEP screening.
Carry out AML checks with one click of a button. This significantly reduces the amount of time it takes to complete your AML checks when compared to manual paper-based AML checks.
CONTAINED IN VISUALFILES.
As the AML checks are electronic, they have a digital footprint which means that they are both auditable and can be both stored and accessed from within your Visualfiles case management system.
Our AML SmartSearch integration provides both individual and business AML checks. This eliminates the problems of using separate systems, or complicated processes.