Banks across the world are confronted by a unique set of challenges concerning money laundering and cyber-crime. Craft Silicon’s best-in-class solution known as Anti-Money Laundering (AML) empowers banks to stay in control when it comes to dealing with the invasions and threats in cyberspace.
We at Craft Silicon have addressed this need by developing a holistic AML software that enables a safer financial environment, and brings peace of mind to your institution.
AML allows the institution to prevent, detect and report suspicious activity by the use of system rules that constantly monitors and analyses customer activity. The AML system also prevents suspicious entities from on boarding and transacting on the institutions platform thereby, reducing the institutions risk. This is done by the maintenance of international watch-lists as well as user defined watch lists which the bank can add to as and when the need arises.