AML – Avas Union (UK) Ltd

AML & Compliance Tech REDEFINED

T +44 (0) 208 593 2958
Email: info@avasunion.co.uk

AVAS UNION
Orega, 70 Gracechurch Street, London, England, EC3V 0HR

Anti Money Laundering : AML

SANCTIONS SCREENING & WATCH-LIST FILTERING

In today’s time the regulators and governments are putting pressure on every financial institute not to get in relation with any entity that has fallen under sanctions. Failing to control and screen the relation is threatening an organisation’s reputational damage for non-compliance. To cope up with constantly changing sanction scenario, your firm must successfully screen transactions and customers against multiple sanctions lists, identify politically exposed persons (PEPs), and avoid transacting with government sanctioned countries, organizations, and individuals. Our Sanctions Screening & Watch-List filtering solution reduces regulatory risk using unique matching analytics, intelligent scoring, and alert consolidation to generate high quality hits with low false positives.

ADVERSE MEDIA LIBRARY

Our Adverse Media Check enables your firm to search a vast array of media sources quickly for articles linking their clients’ to crime or terrorism. Our data base powered by our partners searches more than 12,000+ media sources, such as national and local newspapers and newswires from around the world. The archive is updated daily. An adverse Media Check should be undertaken for any activity that your firm is offering to the clients to search for any events in the current time, which may pose reputational risk' to your organisation. Our Adverse Media report gives you the detail information such as the source, title and publication date of the article and an extract of the new article including the key details and reference to your client’s name so that you can take the best and appropriate decision before proceeding to establish the relation.

POLITICALLY EXPOSED PERSON (PEP)

Screening for politically exposed persons can be complex and time consuming. In addition to implementation, on-going support, maintenance and management all takes time and money. Our PEP screening solution takes care of the subject matter and provides a comprehensive screening service that stops your firm getting exposed to any relation that has identified as PEP. Our PEP screening solution mitigates regulatory and reputational risk by giving you intelligence you can act on. We provide detailed information on PEP through our trusted AML Data mining partners that enables you to screen a person's identity against worldwide government issued data - so you can identify politically exposed persons, terrorists, criminals or sanctioned organisations and countries. Our AML data reduces risk, increases operational efficiency and lowers the cost of AML compliance.