♦ Identify/Assess AML Requirements/Risk
♦ Plan, Resource and Implement AML Strategy
♦ AML Monitoring, Reporting and Record Keeping
♦ KYC/Transaction Investigations/Case Management
AML-Maestro is a powerful platform designed to ensure your firm has comprehensive controls in place to counter money-laundering and sanctions violation.
Automated Rule Checking
Identify potential AML issues or reportable events with automatic checks.
Flagged issues/events launch the GRC Case Manager.
Flagged AML issues/reportable events launch the GRC Case Manager.
GRC Cases are investigated, classified as issues/”false positives” and are managed to resolution.
Firms are required to maintain thorough AML records regarding both issues and reportable events.
Ensure your firm has the records to evidence its compliance with AML regulations.
Extract the data required by management to assess the firm’s AML status.
Provide data for detailed AML management reporting per period.
Consultants who want to provide new AML services or improve the operational efficiency of existing AML services can use GRC-Maestro to automate checks, processes and record keeping.
Firms can allow their clients to “self-service” their AML or provide a blend of technology and services.
Many mutual funds delegate their AML responsibilities to their Fund Administrators.
Where the Fund Administrator is responsible for AML then they have to confirm the beneficial owners of the fund investment and, in some instances, either decline an investment or implement enhanced due diligence on the investor.
Smaller regulated firms face strict AML rules but often don’t have the human or IT resources to adequately prove their compliance.
GRC-Maestro is designed to give boutique firms the AML Control Framework they need to satisfy regulators that they operated, and continue to operate, in compliance with relevant AML laws/regulations.
GRC-Maestro helps Mid-Tier firms deal with the complexities of staying compliant with multiple regulators and operating in more than one location.
Whether firms need to consolidate their AML view group wide or automate manual checks/processes, GRC-Maestro is an essential part of your AML Control Framework.
Operating in multiple locations with compliance teams spread internationally presents additional management and oversight complexities.
GRC-Maestro helps Multi-Nationals maintain strict AML management over their global operations by providing AML management with visibility of group wide AML controls, reportable issues and breaches/violations.