Financial Crime Compliance Risk Management Solutions

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Focus, Diligence, High-Precision

Trusted Solutions for
Financial Crime Compliance

Our hands-on expertise with decades of experience in anti-money laundering regulations, best practices, and tackling vast financial crime scenarios can help you craft robust process frameworks and capability to meet regulatory obligations with failsafe compliance. We also deploy intelligent digital solutions powered by artificial intelligence, advanced machine learning and deep learning technologies for fast and precise monitoring of suspicious transactions.

Regulatory Reporting

Meet financial crime compliance with tailored consultative services for reporting requirements, including SAR/STR, CTR, designation of exempt person (DOEP), registration of money service business (RMSB), foreign bank account report (FBAR), etc.

Intelligent RegTech Solutions

Effectively meet regulatory compliance using cutting-edge regulatory technologies powered by artificial intelligence, big data, cloud computing, and machine learning.

AML/CFT

Strengthening a company’s AML/CFT framework based on global law enforcement agencies requirement and leading industry practices is critical to achieve financial crime compliance.

Fraud analytics & detection services

With rising national security threats ranging from Ransomware to internal frauds, corporates need a robust governance framework to fend off against such threats.

CIP & KYC

Appropriate customer profiling is crucial to avoid criminal elements from exploiting legitimate financial systems, and it all starts with knowing who you are dealing with.

Sanctions & Prohibitions

Adapting to the changes in the geopolitical environment, financial institutions need to constantly evolve. From ‘Counterparties’ to ‘Escrow accounts’, even domestic institutes need to have an international outlook.

Digital currency

Amid the growing peer-to-peer payment and virtual currency, complying with BSA/AML standards and appropriate measures against jurisdictional arbitrage are imperatives for financial institutions.

Comprehensive Possibilities

Practical Approach to
Failsafe AML & Financial Crime Compliance

Explore our vast AML and financial crime compliance risk management solutions comprising expert, domain-led consulting services, world-class intelligent digital solutions, and agile implementation capabilities with precision and reliability. Our approach is well-differentiated as it provides practical solutions tailored to meet your business needs and constraints effectively.

Standalone Projects
Managed Services
Intelligent Digital Solutions
Business Consulting & Implementation

One-time special projects to document procedures, review BSA/AML policies, financial crime compliance risk assessment and profiling, and execute remediation projects to clear the backlogs of transaction reviews and address MRA and regulatory observations.

Scalable global staffing model with deeply experienced, trained, and competent BSA/AML teams located onshore, nearshore, offshore, or a combination. Managed services leverage the next-level “right-shoring” model to reinforce financial crime units for heightened surveillance, enhanced due diligence, and transaction monitoring and reporting for financial crime compliance.

We provide managed financial crime compliance solution models built with cutting-edge technologies, such as data analytics, robotic process automation (RPA), machine learning and artificial intelligence.

Auto-eliminate significant false positives and allow round-the-clock precise monitoring of transactions using Artificial Intelligence (AI) and Machine Learning (ML)-powered solutions.

Customer onboarding (KYC)
Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD)
Automated monitoring and false-positives filtering
AI/ML-powered financial crime investigation
Global watchlist screening
Risk profiling
PEP matching
Enhanced 360-degree reporting

Accelerate sustainable growth with customized financial crimes compliance management solutions to effectively detect and combat financial crimes. Anaptyss can help you implement a consultative risk mitigation program to transform capabilities and meet various regulatory requirements.

Evaluate and validate the processes and model
Risk review, assessment, and profiling
Propose and implement process management frameworks
Simplify and standardize the operations through process re-engineering

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What Makes Us Special

Why Anaptyss?
Our USPs

Seamless KYC

Transforming the KYC program to meet financial crime compliance and customer demands simultaneously

Speed to market

Jeopardizing speed to market. PMCs to SDNs, ever-evolving watchlist demands v/s growing customer base review

Reputation Management

Taking preemptive measures to safeguard against financial and reputational loss

Real-time Review

Managing real-time and periodic reviews without a huge investigating team.

Regulatory Compliance

Adherence to future financial crime compliance and regulations in digital currency.

Frequently Asked Questions

1. How does Anaptyss help in meeting financial crime compliance?

Anaptyss helps banks and other financial institutions transform their financial crime compliance capabilities through a tailored, pragmatic approach and industry-focused consulting.

2. How does automation optimize financial crime compliance costs?

The financial services industry can leverage automation solutions to streamline manual activities while maintaining quality and throughput. For instance, banks can leverage AI/ML-powered tools for automated monitoring of financial transactions for SAR/STR filing. They can use data analytics solutions to visualize and make sense of large volumes of structured and unstructured data. This is how automation solutions help banks manage and meet financial crime compliance in an optimum and intelligent manner.

3. What role does a financial crime/AML compliance consultant play in the onboarding phase?

Our unique, domain-led consultative approach offers a personalized and hands-on onboarding experience to clients, based on deep collaboration between subject matter experts, operations teams, and business leaders. For example, our financial crime compliance consultants facilitate a joint process for designing policies and frameworks to co-create robust systems that mitigate financial crime risks.

4. What are the different types of optimization possible in a financial crime compliance framework?

Policies, processes, and operational expertise are some of the key aspects that require optimization. Our proprietary Digital Knowledge Operations™ framework enables optimization through a combination of domain-led advisory, intelligent digital solutions, and a skilled workforce.

5. What are the key benefits of hiring a specialized service provider?

Hiring a specialized firm can bring expertise to identify key industry challenges and provide tailored solutions to help banks meet financial crime compliance requirements. Besides, partnering with a value-driven, pragmatic solution provider can offer substantial cost and time savings while generating realistic outcomes.

6. What is meant by the “domain-led” approach to financial crime compliance?

A domain-led approach can help banks and financial institutions meet and maintain financial crime compliance, and transform their risk management capabilities with tailored guidance and domain-centric consulting in the ever-evolving financial crime environment. At Anaptyss, we leverage our real-world domain expertise with digital intellect to simplify the process and manage operations to offer a holistic solution.

7. How does Anaptyss’ solution approach reduce false positives?

Anaptyss leverages its exclusive Digital Knowledge Operations™ framework to provide consultative and tailored guidance for implementing intelligent digital solutions. These AI/ML-powered solutions reduce false positives concerning AML transaction monitoring, helping banks meet various financial crime compliance regulatory requirements.

8. What are managed services and how do they support financial crime units?

In the managed services model, our trained and experienced operations team with domain expertise executes processes in partnership with financial crime units. Aside from improving operational efficiency and quality, managed services enable cost-effectiveness with predictable outcomes-based delivery, access to a globally scalable talent pool, consultative expertise, and cutting-edge digital solutions.

9. Why does my bank need a consultant before making a financial compliance decision?

A consultant comes with deep domain expertise and years of experience in implementing financial compliance solutions. They leverage this expertise to understand the current system and the gap between the existing framework and the latest regulations. Finally, they use their strong acumen to recommend optimal solutions that work in synergy with established banking systems.

10. What impacts have financial institutions observed when they partnered with Anaptyss for financial crime compliance management?

Anaptyss has helped several financial institutions meet financial crime compliance with solutions for real-time transaction monitoring, watchlist screening, KYC risk profiling, and more. You can visit our Success Stories section to learn more.

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