AMLcheck Pricing, Features, Reviews & Comparison of Alternatives

AMLcheck

Money laundering and terrorism financing prevention

5.0/5 (2 reviews)

AMLcheck overview

What is AMLcheck?

AMLcheck from RiskMS is a money laundering and terrorism financing prevention software that helps companies prevent money laundering and terrorist financing activities in their business. With tools for screening, profiling, investigating, and reporting, AMLcheck provides a compliance suite to aid with the onboarding process to detect suspicious behavior and enforce legal requirements. AMLcheck gives businesses the power to check for high risk individuals and assets based on PEP and Global Sanction Data watchlists.

Compliance teams will benefit from AMLcheck as it includes the possibility to obtain analytics and reports and the task manager helps to organize and assign duties. The platform itself can be used to elaborate documentation and communications the way Regulators require them, so users don't have to take additional steps and can focus on what matters most.
www.riskms.es

Pricing

Pricing options
Free trial
Subscription
Value for money
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Devices

Business size

S
M
L

Markets

United States, Asia, Canada, Europe, Latin America, Middle-East and Africa, United Kingdom

Supported languages

English
AMLcheck screenshot: Search to find risks Webinar: AMLcheck, your Compliance Suite (Eng)AMLcheck screenshot: Candidate profiling AMLcheck screenshot: Searchable database of namesAMLcheck screenshot: Client database

AMLcheck reviews

Excellent
2

Very good
0
Average
0
Poor
0
Terrible
0
Value for money
Features
Ease of use
Customer support
  4.5
  5.0
  4.5
  5.0
David Muszynski

AML - DM

Used daily for 1-2 years
Reviewed 2019-05-15
Review Source: Capterra

Pros
I work for an investment management company and AML is hugely important to ensure the money coming is safe and not laundered. This software is by far the best and integrates well with our firm. We have tried multiple others and this is the best in regards to interface and tracking of clients.

Cons
Costly but well worth it. I recommend getting one license and sharing it across different users if possible.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 9/10

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AMLcheck pricing

Pricing options
Free trial
Subscription
View Pricing Plans

Contact Riskms for pricing information.

AMLcheck features

API
Automatic Notifications
Data Import/Export
Third Party Integration

Accounting Integration (162 other apps)
Accounting Management (180 other apps)
Activity Dashboard (223 other apps)
Audit Trail (129 other apps)
Billing & Invoicing (184 other apps)
Compliance Management (178 other apps)
Customizable Reporting (165 other apps)
Electronic Payments (169 other apps)
Expense Tracking (164 other apps)
Financial Analysis (128 other apps)
Invoice Management (233 other apps)
Invoice Processing (150 other apps)
Multi-Currency (162 other apps)
Real Time Data (145 other apps)
Reporting & Statistics (253 other apps)
Workflow Management (147 other apps)

Videos and tutorials

Additional information for AMLcheck

Key features of AMLcheck

  • Compliance reporting
  • Behavioral analytics
  • SARs
  • PEP screening
  • Contact database
  • Pre-screening
  • Search functionality
  • Risk alerts
  • Data profiling
  • Background screening
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Benefits

The AMLchecl search process is intuitive and human-based. The search is aided by an algorithm that automatically corrects common typos and phonetic errors, so that false positives are reduced significantly and users obtain intelligent, accurate results.

All search results can be downloaded in PDF format, allowing users to always be in charge of their movements and to have a solid source of evidence to comply with every law requirement.

AMLcheck helps users understand who their customers are (KYC): following main global AML regulations, such as FATF, FinCEN and the Fourth Anti-Money Laundering Directive of the EU, AMLcheck permits a detailed analysis of clients to assign them a risk score or RBA. This score is alive and is constantly updated in real time through top global information providers.

The AMLcheck alert system will ensure early detection of possible risks, such as any suspicious money laundering or terrorism financing activity, where further scrutiny may be needed.

AMLcheck is a 360º degree tool. It covers all types of activities and businesses, from financial and insurance to retail, as well as all geographical areas and jurisdictions. It is also multi-customer and multi-language solution: several people can benefit from it simultaneously and in their native tongue.