Anti Money Laundering

Since a few decades Money Laundering has been used to conceal the true source and ownership of funds. Financial Institutions are more than ever in the scope of criminals due the vulnerabilities of the Financial Institutions structure and range of products. Over decades misuse has been detected towards Financial Institutions. Several government institution across the world are highlighting different typologies that are emerging on a daily basis. The increased numbers of regulation over the last years about risk management and regulatory compliance are the answer to anticipate potential threats and reduce reputational risk towards Financial Institutions.

Due the constant changes and adjustments, Senior management at corporate level, are nowadays finding that their existing deployment are preventing them from getting aggregated views of regulatory risk and therefore costs. In order to improve visibility, organizations are wrestling with the upgrade of legacy systems to comply with this new needs but costs of deploying new solutions are far less expensive than upgrading the existing ones that requires not only an upgrade but also adjustments to today´s regulation all across the world. Proper Customer Due Diligence and an effective Anti-money Laundering program are the only way to protect and mitigate risk across Financial Institution against organized crime like drug cartels or terrorists. Fighting financial crime became a wide concern, perceived as social responsibilities, shared among governments, regulators, shareholders and customers in order to protect their reputation and customer confidence.

Collaborations is needed as the weakest link in the chain or product are always the first ones to be attacked and misused by launderers. More than ever Infosistema acknowledge this threats not only from an technologic prism but also from a cultural point of view, as this requires a change in the business process to effectively manage and control this risk. Bringing our experience in several finance services marketplaces we are able to provide a robust financial anti-crime program based on best practices and special consultancy services as well. 

Infosistema foresees the AML best practices as part of normal due diligences with a focus on quality and therefore keeping your organization in control against launderers and risk. With a central and consolidated view Infosistema provide your organization the ability to detect harmful unusual behavior and transactions activities from a account and customer point of view. For a fact a customer who is unquestionably good today may or not be good tomorrow.