AML Software

XCH , is  Financial Advisory Firm, and we are specialised to provide Internal Audit and  AML  Compliance Support Services to:

– Administrative Services Providers (ASP’S) regulated by CySec.
– Administrative Services Providers (ASP’S) regulated by Cyprus Bar Association.
– Administrative Services Providers (ASP’S) regulated by Institute of Certified Public Accountants of Cyprus.
– Cypriot Investment Firms (Forex) regulated by CySec.

Membership

We are member of :xch AML software

Institute of Certified Internal Auditors
Association of Certified Anti Money Laundering Specialist.

Anti-Money Laundering and KYC Software

In cooperation with a company which is specialised for professional software’s, we have designed and developed the XCH – AML &KYC Software.

Anti Money Laundering software

The Software is according to :

– Financial Action Task Force (FATF) 40+9  Recommendations
– Prevention and Suppression of Money Laundering and Terrorist Financing Law/2007.
– Anti-Money Laundering Directive DI144/2007/08
– International Compliance  Standards from Association of Anti – Money Laundering Specialists

Anti-Money Laundering – KYC Software Specifications:

  • The software is 100% computerised.
  • Designed by Certified Anti Money Laundering Specialist.
  • Open of Unlimited number of clients.
  • Facility to attached documents such as: Passport, utility bill, Company’s Certificates.
  • Automatically Client Risk Categorisation.
  • Due Diligence and KYC procedures according to FATF 40+9 Recommendations and to Prevention and Suppression of Money Laundering and Terrorist Financing Law.
  • Computerised Monitoring evaluation report.
  • Computerised Internal Suspicious Report. Anti Money Laundering and KYC software
  • Notification when you are obligate to perform monitoring of the client according to the Client Risk Categorisation
  • New Beneficial Owner report, presenting:

 The names of all  companies hold from each Beneficial owner.

 Percentage of each company.

 Risk of each company.

 In case of High Risk , the reason why  the company  categorised as High Risk.

  • Time Efficient (10 times more efficient than manual proceeding)
  • More effective and accurate procedures.
  • Using our Software you will be 100 % comply with International Standards of AML Compliance.
  • Using our Software you will be 100% comply with Prevention and Suppression of Money Laundering and Terrorist Financing Law.

 

 

We will be very pleased if we could arrange meeting for a brief presentation of the  AML – KYC Software. Send us your information by going to our contact us page or by chat.