AML Compliance Software for Community Banks

AML Compliance Software for Community Banks

Protect your business and community

A scalable and cost-reducing AML solution that increases the efficiency and accuracy of small to mid-size community banks’ compliance processes.

 

Implement our full AML suite for a comprehensive solution covering all areas of compliance, or pick and choose AML modules based on your current compliance needs.

Request a
Free Demo

Why Community Banks Choose Alessa for AML Compliance

Batch, Real-Time and Event-Based Transaction Monitoring for Banking Clients

Monitoring every type of transaction (i.e. deposits, wires, checks, virtual currency transactions), 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.

Avoid Risky Clients With Sanctions Screening Designed for the Banking Industry

Slash your data costs by up to 40%. Screen individuals and businesses against the lists you need (PEPs, negative news, OFAC, etc.) and reduce false positives. Our partnerships with data providers allow us to provide cost-effective screening data allowing you to only pay for the data you need.

Automated 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. Our solution allows you to meet regulatory requirements with ease and accuracy.

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. With a strong industry-specific foundation, further configure risk scoring factors if needed with a configurable solution.

A 360° View of Each Client

Monitoring and analyzing client data and events, Alessa can pinpoint the clients who have surpassed your organization’s risk threshold, and tell you why their risk score changed. Our 360 daily insights simplify your investigative and reporting processes.

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 to provide updated risk profiles and scores.

Simplified AML Case Management

Streamline investigations with Alessa’s automated case management, enhancing operational efficiency for compliance personnel.

“Vitesse is rapidly expanding its global footprint, building one of the largest domestic banking and payments networks in the world. Alessa will play an important role in helping us deliver efficient payments services to our clients, which include some of the largest insurers in the world, while ensuring we remain compliant with the evolving global regulatory landscape and industry best practice.”
Andy Gregson
Risk, Legal & Compliance Director of Vitesse

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 community banks today. Schedule a demo before January 2025 and you’ll be entered into a draw for a $500 donation to a community charity of your choice.

Latest Insights

X

chatbot-alessaAlessa

Hello, I'm Allie! I'm here to help if you have questions about Alessa and our products.

Please fill out the form to access the webinar: