Ascent Anti Money Laundering is an enterprise scale real time monitoring & surveillance solution which helps you comply with Anti Money laundering and Counter terrorist Financing regulations based on surveillance engine which monitors large volume of current transactional data, non-transactional data (KYC) and historical data for suspicious trading patterns in real time or near real time.
As regulators today increasingly seek consistent control across regions and lines of business firms are moving toward single systems to manage AML regulatory need and mediate risk across geographies, Ascent Anti money laundering provides a single, comprehensive and fully cross-referenced solution helps you quickly locate and associate links between people, businesses, assets, and locations through a variety of easy-to-understand subject summaries and broader detailed views.
Ascent AML’s rule based surveillance engine monitors current transactional data, non-transactional data (KYC), and historical data for suspicious trading patterns. It covers a broad range of asset classes & transaction types like Banking transactions (ATM, Switch, POS etc), Treasury/Trading transactions (Equities, Fixed Income, FX, Derivatives, Swaps, Commodities etc).
Ascent AML comes with extensive library of analytical foundation & detection models which helps organization to be compliant with anti-money laundering (AML) regulations from AMLSCU –
Ascent AML enables you to safeguard your organization reputation and avoid fines and penalties associated with non compliance.
Ascent AML is designed for financial services organizations like retail banks, investment banks, hedge funds, brokerage houses, insurance companies for AML/CFT compliance.
Watch List Matching
Customer Due diligence
Alert & Integrated Case Management
Suspicious Transaction Activity Monitoring
Reporting and Analytics
Ascent AML Key Principles
If you are interested you can have a look at the product demo.