AMLOCK is an integrated, web-based anti-money laundering and financial crime detection and management solution designed specifically for banks and financial institutions, payment providers, insurance companies and telecom companies. It comprehensively addresses country-specific AML regulatory governance, compliance and risk management requirements and serves as an early warning system for bank abuse and fraud.
The Smart Route to Integrated AML Compliance
AMLOCK has been designed taking into account international (FATF 40+9, EU guidelines, BSA Secrecy Act, etc.) and country-specific regulations.
AMLOCK automates the entire process of data import and validation, customer risk classification and review, transaction monitoring, alerts escalation, customer screening and regulatory reporting.