AML Compliance for
Banks and Credit Unions
Protect your business and customers
Alessa is a powerful, automated platform designed to meet your specific regulatory needs.
Purpose-built to meet bank requirements for anti-money laundering and fraud, Alessa gives your compliance team the right tools to stop financial crime before it impacts your institution.
Your world is changing
Banks and Credit Unions are more digital, more competitive, and being subjected to more regulations than ever before.
You are adapting to new currencies, new technologies, and new ways of doing business. You need an AML compliance solution that can help you do just that.
Alessa’s integrated platform is designed to support a risk-based approach to compliance while simplifying how you work. Our complete AML solution supports your compliance team by automating tasks and workflows to create more efficient processes and faster resolutions.
What we do
Our solution provides you with:
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.
Screening in real-time, in batches or periodically, Alessa uses sanction lists, OFAC, law enforcement, politically exposed persons (PEPs), adverse media, and internal high-risk lists to provide a realistic view of the potential risks associated with a customer.
You can also configure Alessa to review your existing customer database and update risk levels based on existing profiles, risks, and activities.
Alessa monitors every type of transaction, including cash deposits, wires, and checks, to detect suspicious activities. With this holistic view of your data, Alessa can accurately identify suspicious activities with less false positives.
Develop a risk scoring model that matches your establishment’s risk tolerance, so you have a complete picture of each of your clients. With Alessa, risk factors, weights, scores, and aggregates are all configurable and automatically reviewed periodically based on your establishment’s preferences.
With Alessa your regulatory reports (CTRs, SARs and STRs) can be auto populated, validated, and electronically submitted across multiple jurisdictions, including with American and Canadian regulators.
Alessa also keeps your reporting requirements up to date, meaning you never have to worry about missing an update from a regulator again.
Make investigations easier with our case management solution. Detecting potential AML risk is just half of what Alessa can do to help ease your compliance efforts. Alessa offers a highly automated case management solution that allows your team to collaborate better and get to resolutions quicker.
Under the hood
Schedule a free demo
See how Alessa can help your financial institution automate and simplify your compliance processes.
Book your complimentary demo today.
ACAMS Hollywood Conference
Join us at ACAMS Hollywood to learn how Alessa can help make AML compliance easier.
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