Anti-Money Laundering Software For Banks

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Integrated. Modular. Easy.

an AML compliance officer at a bank

Alessa is a powerful, automated platform designed to meet your specific regulatory needs.

Purpose-built to meet bank requirements for due diligence, transaction monitoring, sanction screening and regulatory reporting, Alessa gives your compliance team the right tools to stop financial crime before it impacts your business.

 

Features of the solution include:

  •  Real-time due diligence
  •  Transaction monitoring and screening
  •  Sanctions screening
  •  Automated regulatory reporting
  •  Advanced analytics like anomaly detection and machine learning
  •  Dashboards, workflows and case management that ensure faster resolution

Features & Benefits

Alessa Alessa

Real Time Due Diligence

Know who you are doing business with so you can onboard with confidence

Alessa Alessa

Real Time Transaction Screening

Intercept suspicious transactions and activities before they impact your business

Alessa Alessa

Real Time Sanctions Screening

Detect high-risk entities and activities quickly and easily

Alessa Alessa

Automated Regulatory Reporting

Automated creation, validation and e-filing for SARs, CTRs, STRs

Alessa Alessa

Custom Risk Scoring

Realistic assessment of risks based on your specific risk appetite

Alessa Alessa

Seamless Workflows and Case Management

The right investigation tools that help your compliance teams collaborate

Bank customer onboarding

Easier onboarding of customers

Identify when a client is a risk before they can impact your business. Alessa includes APIs for integration with onboarding systems to verify identities and search sanctions, politically exposed persons (PEPs), OFAC, and proprietary lists in real-time. Results are used to update the risk associated with an entity to easily help comply with Bank Secrecy Act customer due diligence requirements and support KYC efforts.

 

Minimize false positives with accurate risk assessment

You set your specific risk tolerance. Risk factors and weights are all configurable by you to match your risk appetite and tolerance. Workflow processes manage periodic reviews to keep your risk tolerance in your comfort zone.

 

bank transaction monitoring

Monitor and screen every activity

Streamline your transaction monitoring processes with Alessa. Monitor all transactions conducted, including cash deposits, wires and checks.

We offer a scalable solution with the ability to manage a growing volume of transactions in real-time. With state-of-the-art workflows, alerts are sent to the appropriate personnel for further investigation, remediation and reporting.

 

Machine learning and analytics

Reduce false positives and prioritize investigations. Alessa detects suspicious deviations from normal behavior by combining anomaly detection with rules-based analytics and entity risk scores.

banker conducting sanctions screening

Build on past decisions

Reduce workload and repetitive decisions. Configure the system to learn how your team manages investigations and then reapply those decisions to future alerts and cases.

 

Automate regulatory reporting

Create and submit reports in minutes. Automated reports for currency transaction reports (CTRs), suspicious activity reports (SARs) and suspicious transaction reports (STRs).

Reports are auto populated, validated and electronically submitted to regulators across multiple jurisdictions, including FinCEN and FINTRAC. goAML is also supported.

Contact us today to learn more about how Alessa’s anti-money laundering software for banks help your compliance team work faster and more efficiently.

 

RELEVANT SOLUTIONS

AML Compliance

Alessa integrates with existing systems to detect suspicious activities, automate processes, reduce false-positives, decrease repetitive tasks and engage the entire organization in a culture of compliance.

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Sanctions Screening

Screen individuals and entities in real-time during on-boarding, periodically or in batches with Alessa.

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Transaction Monitoring

Screen transactions in real time, periodically or by specific events with Alessa.

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