AMLS Brochure Ver 3.00 - Com

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Anti- Money

Laundering Suite
Redefining Financial
Crime Compliance

It's our mission to redefine the way banks and Fast changing customer behaviour
financial institutions tackle financial crime. With
that in mind, we’ve built our award-winning A lack of a holistic customer view and their
Anti-Money Laundering Suite (AMLS). AMLS is an activity footprint
end-to-end AML operating system, unlike any
other RegTech player in the industry. The suite Fragmented regulatory landscape and
comprises our Transaction Monitoring, Dynamic frequent amendments
Risk Review, Smart Screening and Case
Management solutions under one roof for all
Through AMLS we enable banks to harness the
your AML needs. AMLS achieves new levels of
power of next-gen technology to meet rapidly
accuracy and speed by providing the industry's
evolving compliance requirements.
only shared typology platform, allowing our
clients to break through silos and benefit from
Driving Operational Efficiency
the industry's collective AML insights.

We leverage technology to make your


Digital banks and FinTechs across the globe are
compliance team more efficient and effective in
building agile and scalable compliance
doing what they do best. AMLS's unrivalled
programmes using AMLS, making us a partner
features are assisting clients all over the world in
of choice. We are leading AML initiatives at some
redefining the traditional AML compliance
of the key digital banks in Asia, the US and
process by:
Europe.

Replacing multiple static rules with one typology


The Need for a Cutting-edge that is more accurate and easier to maintain
Compliance Solution

Innovations in tech have led to institutions Using a ‘no code’ UI to create typologies in minutes
tackling more complex FinCrime challenges.
Current siloed, rules-driven AML systems are not Utilising powerful simulation modes to enable
designed to keep pace with the growing automated threshold tuning
business and compliance challenges of digital
banks such as: Enabling proprietary machine learning models
that deliver fewer and higher quality alerts
Sophisticated money laundering techniques
Improving investigation and regulatory
Huge transaction volumes with compliance with transparent and multi-level
real-time processing risk score explanation
Case Manager

Smart Dynamic Risk Transaction


Screening Review Monitoring
Typology
Intelligent Alert Detection
Repository

Smart Alert Management

Tookitaki Data Science Studio (TDSS)

Built to Scale With You Why Typologies?

AMLS consists of multiple modules seamlessly Money laundering is based on a complex trail of
integrated to provide a one stop compliance financial transactions. Multiple complex rules are
solution. The platform is highly modular and required to effectively monitor one pattern.
scalable, making it well suited to support high Through typologies we have created a tool which
growth businesses. You can select specific allows AML SMEs to design rules based on real
modules to address your requirements, enabling life red flags. Instead of managing hundreds of
you to go live faster with a minimal upfront cost. rigid rules, AML officers can now leverage fewer
As your compliance requirements grow you can typologies which are easier to maintain and
simply add new modules to scale up your explain to regulators, whilst providing better risk
compliance programme. coverage than static rules.

Transaction Monitoring

Our Transaction Monitoring solution is the most


comprehensive solution in the industry. It
unlocks the power of typologies to detect hidden
suspicious patterns and generates fewer alerts of
higher quality. Designed for digital banks, AMLS
comes with a built-in sandbox environment
which allows you to test and deploy new
The Typology Repository typologies in a matter of minutes. These are all
fully automated. Our powerful automation
The way forward for financial institutions is to functionalities have reduced the manual effort
take advantage of shared AML knowledge and from threshold tuning by over 70%.
work together to tackle criminal activity. We
have enabled AML experts from all around the
world to create and share the largest library of
patterns of money laundering and financial
crime behaviour, often called typologies. This is
what we call the typology repository. It’s a first of
its kind initiative allowing banks and financial
institutions to join forces in the fight against
financial crime.
Smart Screening Dynamic Risk Review

Our powerful screening solution provides AMLS Dynamic Risk Review is a flexible and
razor-sharp matching accuracy, enabling you to scalable customer risk scoring programme that
improve the customer experience from adapts to changing customer behaviour and
onboarding to ongoing due diligence. Designed compliance requirements. A highly configurable
for the global nature of digital business AMLS solution that creates a dynamic, 360-degree risk
Smart Screening provides exhaustive coverage. profile of your customers. Powered by advanced
machine learning, our solution has helped
50+ name matching techniques clients accurately classify their customers in
relevant risk categories. It not only enables them
Supports multiple attributes i.e; name, to uncover hidden risks but also opens up new
address, gender, date of birth, date of business opportunities. Once installed, AMLS will
incorporation and more continue to learn from changing data and
continue to deliver accurate results.
Covers 20+ languages and 10 different scripts

Built-in transliteration engine for effective


Case Manager
cross-lingual matching
The easiest way to manage all your cases in one
Automatic generation of threshold place. Our Case Manager provides compliance
scores for highly accurate hits teams with the platform to collaborate on cases
and work seamlessly across teams, be it
Scalable to support massive transaction monitoring, customer due diligence
watchlist data or screening. It comes with a host of ingenious
automations built to empower your
It also comes with a state-of-the-art real time investigators. You can configure the Case
screening architecture that reduces held Manager to automate processes such as case
transactions and improves straight-through creation, allocation, data gathering and so on,
processing (STP). allowing investigators to become more effective.
Driving Business Value for Our Customers

Leading Singapore-based Leading APAC-based


US-based digital bank
multinational bank payment processor

Working closely with the bank, We are helping a global tech A leading digital bank has
we have helped our client giant build an end-to-end leveraged the scalable
build a sophisticated AML compliance solution AMLS platform to build a
compliance programme which which is designed to scale fully integrated AML
has enabled them to increase with their fast growing compliance solution. Upon
their efficiency significantly. payment business. understanding its benefits,
Powered by Tookitaki AMLS, the bank is now leveraging
their compliance programme the flexible design of our
has won the prestigious Celent typology repository to track
Model Risk Management fraud as well.
award.

50% - 60% 40%


Reduction in false positives
reduction in time to onboard
new money laundering patterns
50%
Reduction in deployment
time projected

5% High quality alerts with

Increase in true positives 60% accuracy

What People Are Saying About Us

In Tookitaki we found an AML solution ideally “The area of AML requires constant vigilance
suited to accompany our growth trajectory. Its and continual enhancement to ensure that we
framework enables the rapid and effective stay on top of preventive, detective and
deployment that we need with the agility to enforcement measures. Tookitaki’s AMLS
adapt to new money-laundering trends and the enables us to augment our ability to identify
evolving compliance environment. It was vital actionable alerts and to minimise false
for us to have a solution that immediately positives. These sharpen the accuracy and
delivers efficiency, particularly in minimising the effectiveness of our AML risk management.
number of false positive alerts in transaction
monitoring and KYC screening.

Hussein Ahmed, Victor Ngo


Founder and CEO at Oxygen Head of Group Compliance at United Overseas Bank
About Us

Tookitaki AMLS is revolutionising financial crime detection and prevention for banks and
fintechs. What makes Tookitaki a game changer in this space is how we are improving risk
coverage by democratising AML insights through a privacy protected federated learning
framework powered by an ecosystem of AML experts

We are witnessing robust growth and partner with clients who are among the best FinTech
and Banks demonstrating the credibility of our product. Similarly we are supported by few
of the best investors in the world showcasing our stability and growth while validated by
external organisations like World Economic Forum (Technology Pioneer), Chartis Research
(RiskTech 100 Rising Star -2021), AMTD DigFin Innovation Awards (2021) among few others.

AMTD DigFin
Technode ORIGIN
Chartis RiskTech100 2021 Innovation
Innovation Award 2021
Winner in the Rising Awards 2021 Startup Awards
Star category Best RegTech solution FinTech & RegTech

FinTech Program
World Economic Forum Asia meets Tokyo Regtech Award
Technology Pioneer Tokyo Metropolitan AI & Machine Learning
Accelerator Program

IMDA
2020 Global ICT
G20TechSprint 2020 Accredited as
Excellence Award
Winner (Monitoring an innovative
& Surveillance) winner in the digital
tech company innovation category

Discover how to tackle your AML compliance challenges


Let's schedule some time to talk.

tookitaki.com marketing@tookitaki.com

Singapore | Philippines | India | Indonesia | Taiwan | UK


USA | UAE | Saudi Arabia

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