Ascent AML Pricing, Features, Reviews & Comparison of Alternatives

Ascent AML

Anti-Money Laundering UAE - AML Software

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Ascent AML overview

It covers a broad range of asset classes & transaction types like Banking transactions (ATM, Switch and POS), Treasury/Trading transactions (Equities, Fixed Income, FX, Derivatives, Swaps and Commodities).

AscentAML comes with extensive library of analytical foundation & detection models which helps organization to be compliant with anti-money laundering (AML) regulations from SEBI, RBI, SEC, FRB, BSA, FinCEN, FATF, FSA, JMLSG, and MiFID.
www.ascentmiddleeast.com

Pricing

Value for money

Business size

S
M
L

Markets

United States, Canada, Middle-East and Africa

Supported languages

English, Arabic

Ascent AML reviews

There are currently no reviews of Ascent AML.
 

Ascent AML features

API (181 other apps)
Accounting Integration (125 other apps)
Accounting Management (122 other apps)
Activity Dashboard (124 other apps)
Automatic Notifications (111 other apps)
Automatic Reminders (87 other apps)
Billing & Invoicing (126 other apps)
Compliance Management (87 other apps)
Customizable Reporting (97 other apps)
Data Import/Export (106 other apps)
Electronic Payments (114 other apps)
Expense Tracking (122 other apps)
Financial Analysis (85 other apps)
Invoice Management (174 other apps)
Invoice Processing (103 other apps)
Multi-Currency (106 other apps)
Real Time Data (109 other apps)
Receiving (94 other apps)
Reporting & Statistics (137 other apps)
Third Party Integration (115 other apps)

Additional information for Ascent AML

Key features of Ascent AML

  • Library of analytical foundation & detection models
  • SEBI, RBI, SEC, FRB, BSA, FinCEN, FATF, FSA, JMLSG, and MiFI
  • Timely real time Monitoring
  • a million transactions reconciled in 2.39 minutes
  • Seamless integration with virtually any Upstream & Downstrea
  • Highly flexible and Customizable via Configuration
  • Customer Specific Customization via Configuration
  • Monitors current transactional data
  • Integrated Learning mechanism for refined alerts
  • Covers Banking transactions (ATM, Switch and POS)
  • Integration with Master tables/Reference data
  • ‘Scrutiny Models’ for suspicious/ Unusual activity
  • Scoring mechanism based on KYC, acct activity, historical pa
  • Inbuilt ‘Foundation Models’ for entity risk profiling
  • Integrated Alert / Case Management
  • Multi Source data e.g. Core banking, proprietary systems etc
  • Visual link representation among multi-entity transactions
  • Daily, Weekly, Monthly, Ad-hoc compliance Alerts
View All Features

Benefits

Risk Mitigation
- Greater Financial Control
- Standardization of methodologies around the enterprise
- Able to set risk thresholds, data access and other controls centrally
- Better compliance with regulatory requirements

Performance
- Timely real time Monitoring
- Faster Processing– a million transactions reconciled in 2.39 minutes (as tested by HP)
- Intelligent Surveillance Engine to detect and report focused violations.
- Enterprise Solution, seamless integration with virtually any Upstream & Downstream Systems

Fast Implementation:
- Highly flexible and Customizable via Configuration
- Customer Specific Customization via Configuration for any data structure, business rules and reporting