Better AML Transaction Screening Starts Here

Rapid screening, preclearance and validation of financial transactions to identify potential money laundering, financial crime and fraud.

COMPLIANCE BUILT BETTER™

Stay ahead of fraudulent customer activity. Ensure that payments and other financial transactions are within the AML policy defined by your institution before they are executed.

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AML data checks against updated external data. Validate payments against external data sources to identify potential issues with blacklists, sanctioned entities, PEPs, or restricted jurisdictions.

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Reduce error rates and false positives. A sophisticated search engine and configurable settings plus restricted and low-risk list management reduces review time and allows compliance to focus on the highest areas of risk.

 

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SCREEN AND VALIDATE TRANSACTIONS WITH CONFIDENCE

With an advanced system that recognizes recurring partners and monitors for change, compliance teams can handle high volumes of financial transactions with ease.

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CONFIGURE AND UPDATE RULES AND WORKFLOWS

Flexible and configurable rules and workflows allow you to customize the solution to meet the AML/KYC of your firms and jurisdictions—and update them as business needs evolve.

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BUILD A COMPLETE VIEW OF AML/KYC COMPLIANCE

Combine AML Transaction Screening with AML Transaction Monitoring, AML Instant Payment Screening and Know Your Third Party Screening for a detailed picture of your customer's financial behavior, financial circumstances and KYC compliance.

AML fraud detection and transaction screening to prevent financial crime and ensure compliance with anti-money laundering regulations.
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SWIFT and other payment transaction formats can be processed.

Pre-populate regulatory filings such as Suspicious Activity Reports (SAR) and Currency Transaction Reports (CTR) to ensure AML compliance.

Alert teams to issues effectively and efficiently to allow a decision to be made.

 

Generate a detailed audit trail and comprehensive activity reports.

The platform is designed to be easily customizable to fit the unique needs and policies of different organizations.

Transaction Screening is part of MCO’s Know Your Transactions (KYT) solution suite.

Know Your Transactions (KYT) enables firms to address restricted trading, market manipulation, insider trading, customer suitability, fund mandate, anti-money laundering and other conflict scenarios on a single, integrated platform.

AML Transaction Screening Software to Prevent Fraudulent Financial Transactions

MCO’s AML Transaction Screening software enables firms to detect and prevent illicit activities such as money laundering, fraud, and terrorist financing before transactions are executed. With AML Transaction Screening, high-risk transactions can be denied, and low risk transactions can be approved without slowing down the pace of business. The solution stores all alert decisions and provides comprehensive monitoring of external partners. Overnight batch processing checks all known and recurring partners, freeing your compliance team to focus on investigating other areas of AML/KYC compliance.

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Be ready for the FinCEN RIA Final Rule with Risk-Based Anti-Money Laundering (AML) and Know Your Customer (KYC) Compliance

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Have Questions about Transaction Screening?

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