AML(Anti-Money Laundering) & GoAML XML Reporting

ISTL provides AML (Anti-Money Laundering) monitoring system to banks, helping them meet FRC regulatory compliance.
The system is Mandatory by FRC for banks to be compliant. The End-of-Day solution comes with 60+ in-built reports & 100+ standard transaction monitoring rules.

Key Functionalities:

• Transaction Monitoring – Through a set of pre-defined & customer-specific rules
• Name Screening against any Sanction/Watch list (Free or Paid lists)
• Reporting according to FRC/CBK guidelines – Cash Transaction Report (CTR), Suspicious Transaction Report (STR)
• Alerts & Case Management
• KYC (Know Your Customer), Customer Due Diligence & Customer Risk Rating.