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Financial transaction monitoring of individuals and SMEs
According to the latest changes in the legislation, not only banks, but also any financial institutions must monitor financial transactions of individuals and legal entities. Therefore, UNITY-BARS launched a new product - a modern AML system.
In a general definition, AML is the fight against money laundering, the fight against the financing of terrorism, the financing of the creation of weapons of mass destruction, and the control of suspicious financial activities.
AML systems contain a set of criteria-indicators, according to the verification of which a report and stop factors are formed for each client of a bank or financial company. There are more than 300 of these criteria in Ukraine, their list is regulated by the NBU. Also, such criteria can
Financial monitoring is an integral part of the global financial system. The implementation of AML, and most importantly, the correct operation of such software, is monitored very carefully by international donors and partners. In EU countries, AML systems have been used for a long time and show high efficiency, which is evidenced by the low level of corruption and financial terrorism.
Development 'from scratch' in accordance with the latest requirements of global regulators of financial markets, requirements of the NBU and only using the latest technologies
Installation of the system as a separate system using microservices, which is autonomous and does not affect other systems of the bank
Integration of the software with any system that provides the information necessary for verification
Industrial solution, which includes all basic indicators regulated by the NBU, as well as a mechanism for adding indicators directly by the user
Contact us and we'll tell you how BarsAML can help your business