Anti-Money Laundering (AML) System

Banks are required to monitor, investigate and report transactions of a suspicious nature to the financial intelligence unit of the central bank or government agency of their home country.

Money laundering activities have become sophisticated and as a result increasingly difficult and more expensive for banks around the world to monitor manually. Banks are also faced with AML regulatory compliance challenges such as evolving compliance requirements and ongoing costs of compliance.

Synergy’s AML filtering solution provides the automation needed to give you the ability to implement a consistent AML system whilst reducing the cost of manual monitoring.

Also see Synergy’s Compliance-Filter (Co-Fi) solution.