Anti-money laundering (AML) investigations allow banks to carry out risk-based due diligence to prevent and prepare for the global threat of financial crime.
Whether you need to stop terrorist financing or investigate potential money laundering, you need a solution in place that can efficiently and accurately produce fully explained risk decisions for your financial experts and regulators.
CHALLENGES OF AML INVESTIGATIONS
AML alerts generated by banks are increasing in both complexity and volume, making it a hard industry problem to solve.
Current investigative processes are manual, outdated and human intensive. This standard approach results in unsustainable operational costs as well as inconsistent and inaccurate risk decisions.
HOW DOES CASPIAN IMPROVE AML INVESTIGATIONS?
Caspian’s AML Investigator fully automates or highly augments end-to-end risk investigations. Our unique platform provides unparalleled efficiency, accuracy and consistency across all investigations.
Our AML Investigator is proven to produce risk decisions beyond human capability.
The platform investigates every AML alert, gathers evidence and makes judgements across areas including:
- Source/Destination of Funds
- Entity Risk
- Account Activity
- Geography Connections
- Transaction Purpose
HOW IS AML INVESTIGATOR DEPLOYED?
Our platform’s investigation and decision output are displayed within the Caspian user interface or by consumption into any industry case management system.
The Caspian platform is configurable across retail, corporate, private and correspondent banking.
To ensure regulatory compliance, the ongoing performance of our platform is assured via our Solution Management automated tools and processes.
ENRICHED DATA SOURCES
Caspian understand that banks have additional enriched proprietary and 3rd party data sources. Our platform is capable of ingesting and investigating your enriched transaction data and additional contextual information to enhance the investigation performance of the AML Investigator.
We are delivering the Caspian AML Investigator platform in Tier 1 Banks to transform high-volume investigation management. We investigate and judge complex AML alerts more efficiently, accurately and to a scale that exceeds in-house experts.
EXPERT LEVEL DECISIONS
AUGMENTED HUMAN INVESTIGATIONS
IMPROVED QUALITY ASSURANCE