Based on our extended experience in Anti-Money Laundering and having realised the need of the market for fast, reliable and documented AML audit we have designed and developed the XCH – AML Platform. The result is a one of a kind software which helps the user to perform background checks, risk evaluation, keep records of companies and individuals, provide reports and a numerous of unique features included on a single platform.
Designed by Certified Anti Money Laundering Specialist.
AML Platform is 100% computerised.
Time Efficient (10 times more efficient than manual proceeding)
More effective and accurate procedures.
Able to keep records of Unlimited number of clients.
Facility to attached documents such as: Passport, utility bill, Company’s Certificates.
Automatic Client Risk Categorisation.
Computerised Monitoring evaluation report.
Computerised Internal Suspicious Report.
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 evaluation of each company.
In case of High Risk , the reason why the company categorised as High Risk.
Due Diligence and KYC procedures according to FATF 40+9 Recommendations and to Prevention and Suppression of Money Laundering and Terrorist Financing Law.
Using AML Platform you will be 100% comply with International Standards of AML Compliance.
Using AML Platform you will be 100% comply with Prevention and Suppression of Money Laundering and Terrorist Financing Law.
The platform is conformed with international AML standards and directives:
– 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
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.
We are member of: – Institute of Certified Internal Auditors – Association of Certified Anti Money Laundering Specialist. 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 page or by chat.