As a financial institution that deals with thousands of transactions a day, now both traditional and digital, anti-money laundering (AML) compliance can be challenging. Adding in changing regulations and managing hundreds or even thousands of false positives, the challenge of compliance can quickly become overwhelming.
The Right AML Banking Solution Should Simplify Your Workload.
Alessa’s integrated platform supports a risk-based approach to compliance while simplifying how you work, introducing powerful real-time data collection and automation into all areas of compliance. Alessa’s end-to-end solution automates time-consuming tasks, decreases false positives, provides daily updates on risky relationships and helps to keep you up to date with changing regulations. Alessa will help ease your compliance workload from the first red flag to the final regulatory report.
Why Compliance Professionals Prefer Alessa's AML Banking Solution
One Integrated AML Platform
A complete AML compliance banking solution on one integrated platform, Alessa provides you with seamless compliance functionality – from the first red flag to the final regulatory report.
Expedited Results Through Automation
We've streamlined AML tasks and processing, allowing banks to automate individual components, or the entire AML process, in an-to-end platform.
Accelerate Onboarding
With real-time sanctions, watchlist and PEP screening, and identity verification capabilities, Alessa allows you to quickly onboard new customers while adhering to AML banking requirements.
Get a Daily Update of Client Risk
Alessa provides you with a comprehensive and daily update on client risk, highlighting clients whose risk scores have surpassed your organization’s risk threshold in the last 24-hours.
A 360° View of Each Client
Alessa 360° provides a complete view of client information and activities, making suspicious activity easier to investigate and resolve.
Reduced False Positives
Alessa uses machine learning and rules-based advanced analytics to minimize false positives, giving you more time to further investigate and report suspicious activity.
Meets Unique Needs
In an area as highly regulated as the banking sector, you need a compliance solution built for your industry. Our AML banking solution is configured to help you meet banking regulatory requirements.
Access to World-Class Partners
Our partnerships provide you with the most advanced and cost-effective solutions to detect, prevent and investigate potential money laundering and fraud.
Alessa’s Integrated Bank Compliance Software Allows Your Organization To:
Validate Customer Identity in Real-Time with Identity Verification & KYC for Banks
Know who you are doing business with within minutes. Alessa’s AML compliance software integrates with your onboarding system to verify identities in real-time, providing you with updated risk profiles and scores.
Avoid Risky Clients With Sanctions Screening Designed for the Banking Industry
Using sanctions, OFAC, law enforcement, PEPs, adverse media, and internal high-risk lists, Alessa highlights the potential risk associated with a client during onboarding. Screening can be done in real-time, periodically or on-demand.
Detect Suspicious Patterns With Transaction Monitoring of Banking Clients
Monitoring every type of transaction (i.e. deposits, wires, checks), Alessa offers you a holistic view of your data to help identify suspicious activities. Monitoring can be done in real-time, periodically or on demand.
AML Risk Scoring of Banking Clients
Develop a risk scoring model that matches your establishment’s risk tolerance, so you have a complete picture of each of your clients. Our ID verification and risk intelligence capabilities provide you with updated risk profiles and scores for all of your clients.
Enhance Collaboration With Case Management
Alessa offers you a highly automated case management solution that allows your team to better collaborate and resolve issues faster, engaging your entire organization in a culture of compliance.
Automate Regulatory Reporting
With Alessa, all of your regulatory reports (CTRs, SARs, LCTRs and STRs) can be auto-populated, validated, and electronically submitted across multiple jurisdictions.
Schedule a Free Demo
See how Alessa can help your financial institution automate and simplify your compliance processes.
Book your complimentary demo of our AML Software for Banks today.
Latest Insights
AML False Positive Reduction: A Comprehensive Checklist
Discover practical tips to effectively reduce AML false positives. Streamline your processes and enhance compliance. Read the comprehensive checklist now!
Securities Fraud Prevention
Discover essential strategies to effectively prevent securities fraud. Learn practical steps to protect your investments and ensure compliance.
Key Trends Shaping AML Compliance Strategies for 2025
View a webinar playback of an in-depth discussion of AML compliance trends in 2025. This webinar delves into the topics uncovered in our recent trends report.
Alessa