AML Risk Profiler
Web application for anti-money laundering risk self-assessment and monitoring
Web application for anti-money laundering risk self-assessment.
ARP -AML Risk Profiler- creates complete and organized risk profiles able to meet anti-money laundering obligations , both on individuals and legal entities.
Thanks to ARP you will be able to validate the data in your possession and enrich them with external sources.
The result is a clear assessment that provides a full overview on those risk indicators relevant to national regulations; with a special consideration to specific needs expressed by the different Industries.
Functionality
Data entry and recording
ARP receives single input or high volumes of data through manual or automated processes. Static and dynamic data flows into ARP where they are matched and integrated with other sources to provide a highly detailed evaluation.
Screening and integration
Each position is validated with the customized data set chosen by the Client to meet the requirements of AML regulations and KYC (Know Your Customer) practices. The original input can match with proprietary and dynamic flows chosen by the Customer.
Risk profiling
The risk related to each record is clear thanks to easy-to-read numerical and qualitative indicators. The indicators are a direct expression of the best AML screening practices. No assessments have homonyms or uncertainties = no more false positives.
Enhanced verification
With ARP you can also manage the relationship with customers at medium or high risk. You can perform economic and reputation checks on Individuals to assess their behavior and get a clear view on complex Corporate control-chains located in EU and non-EU jurisdictions
Constant monitoring
Each profile screened with ARP software is monitored as needed by the Client. Monitoring provides clear alerts, assessed in their impact on risk scores. Each alert is stored for future verifications and any audit process.
Data access and support
All data fed dashboards and tables built to highlight the most useful event for business management and AML processes.
We ensure data portability through export in a range of formats. Cheope is always ready and responds quickly with a qualified and experienced Team.
Functionality
Data entry and recording
ARP receives single input or high volumes of data through manual or automated processes. Static and dynamic data flows into ARP where they are matched and integrated with other sources to provide a highly detailed evaluation.
Screening and integration
Each position is validated with the customized data set chosen by the Client to meet the requirements of AML regulations and KYC (Know Your Customer) practices. The original input can match with proprietary and dynamic flows chosen by the Customer.
Risk profiling
The risk related to each record is clear thanks to easy-to-read numerical and qualitative indicators. The indicators are a direct expression of the best AML screening practices. No assessments have homonyms or uncertainties = no more false positives.
Enhanced verification
With ARP you can also manage the relationship with customers at medium or high risk. You can perform economic and reputation checks on Individuals to assess their behavior and get a clear view on complex Corporate control-chains located in EU and non-EU jurisdictions
Constant monitoring
Each profile screened with ARP software is monitored as needed by the Client. Monitoring provides clear alerts, assessed in their impact on risk scores. Each alert is stored for future verifications and any audit process.
Data access and support
All data fed dashboards and tables built to highlight the most useful event for business management and AML processes.
We ensure data portability through export in a range of formats. Cheope is always ready and responds quickly with a qualified and experienced Team.
Risk-based approach: ARP’s response
The risk-based approach identifies the business processes most vulnerable to allow the laundering of illicit money. Once the risk is identified along each business process and the counterparties has been identified, the fight against money laundering can start and achieve a high effectiveness
Following this rule, ARP allows the Client to set different screening, from the light to enhanced ones, to verify adequately each type of counterpart.
Depending on the risk inherent in your activities, ARP is able to track, manage and assess the type of entities examined.
Risk-based approach: ARP’s response
The risk-based approach identifies the business processes most vulnerable to allow the laundering of illicit money. Once the risk is identified along each business process and the counterparties has been identified, the fight against money laundering can start and achieve a high effectiveness
Following this rule, ARP allows the Client to set different screening, from the light to enhanced ones, to verify adequately each type of counterpart.
Depending on the risk inherent in your activities, ARP is able to track, manage and assess the type of entities examined.
Seguendo questa logica APR consente di configurare diversi set di informazioni funzionali a verificare adeguatamente ogni tipologia di soggetto esaminato.
Following your AML corporate policy, ARP is able to track, manage and assess:
- the type of subject examined, whether it is as corporations, partnerships, sole proprietorships, individuals , associations and other types;
- the role of the subjects involved in a transaction, such as customers, subjects linked to the customer and retailers
- The different channels to onboard new customers, distinguished by their inherent risk (e.g. online / networks and agencies / other channels).
Following your AML corporate policy, ARP is able to track, manage and assess:
- the type of subject examined, whether it is as corporations, partnerships, sole proprietorships, individuals , associations and other types;
- the role of the subjects involved in a transaction, such as customers, subjects linked to the customer and retailers
- The different channels to onboard new customers, distinguished by their inherent risk (e.g. online / networks and agencies / other channels).
Why choose AML Risk Profiler
You can use it web-based at no cost or integrate it easily to your company’s IT systems.
Receive monitoring alert for any events that impact on risk associated with your counterpart
Detect all the crimes related to the Individual that you are interested in – not namesake
The history of changes is always available, to allow audit and satisfy the retention requirements.
Access the most comprehensive set of official and investigative information.
Verify geographical risk linked to people and businesses through multi-level indicators based on official researches.
Configure AML Risk Profiler at multiple levels of depth.
Receive notifications and alerts, managed automatically or sent to the CAMLO for direct assessments.
Identify beneficial owners in Italy and abroad thanks to online services and national UBO registries.
You can always count on Cheope as unique partner to address multiple need related to counterpart knowledge.
Perché scegliere AML Risk Profiler
Perché scegliere AML Risk Profiler
You can always count on Cheope as unique partner to address multiple need related to counterpart knowledge.
Identify politically exposed individuals, with a clear view on the true relevance of charges in companies, family or professional links.
The history of changes is always available, to allow audit and satisfy the retention requirements.
Detect all the crimes related to the Individual that you are interested in – not namesake
Receive monitoring alert for any events that impact on risk associated with your counterpart
You can use it web-based at no cost or integrate it easily to your company’s IT systems.
Access the most comprehensive set of official and investigative information.
Identify beneficial owners in Italy and abroad thanks to online services and national UBO registries.
Verify geographical risk linked to people and businesses through multi-level indicators based on official researches.
Receive notifications and alerts, managed automatically or sent to the CAMLO for direct assessments.
Following factual evidence ARP is an effective system in preventing penalties from incorrect risk profiling.
Configure AML Risk Profiler at multiple levels of depth.
Choose what best suits your business
Depending on your needs, ARP is available in three versions, which allow users to perform a single check, integrate running processes and set up the application according to widely customizable logic.
Web app
Through your device, ARP is a web platform to carry out AML checks on all the individuals and legal entities you are interested in, with dashboard features and storage of the master data.
Web Service
The Web Services translate individual information and assessments produced by ARP, directly into your running AML processes and systems. With the web service, you can empower established processes by adding Cheope specialization to them.
ARP Custom
The Custom mode embodies our experience in the implementation of customized assessment systems. Customization of the system is also possible in a budget-cap perspective.
Business-oriented pricing
ARP -AML Risk Profiler- pricing related to the following variables.
Screening and monitoring
Selected information set
Customization
Set different and elaborated scorecards with the possibility to integrate dynamic flows related to the customer’s dynamic behavior.
In-House Management
Business-oriented pricing
ARP -AML Risk Profiler- pricing related to the following variables.
Screening and monitoring
Selected information set
Depending on the risk profiles, you can pick different sets of information, both official and investigative.
Customization
Set different and elaborated scorecards with the possibility to integrate dynamic flows related to the customer’s dynamic behavior.
In-House Management
In-house management on servers of trusted partners fits those companies who need to integrate dynamic transactional data into the evaluation process.
Request a freee quote
You can describe your policy, goals and budget. Our staff will create an offer to address your needs and comply with regulations.
The quotation is free of charge and free of obligation.