Financial Crime World

WALLIS AND FUTUNA Takes a Stand Against Financial Crime with Alessa’s AML Compliance Software Solutions

======================================================

WALLIS AND FUTUNA has chosen Alessa’s Anti-Money Laundering (AML) compliance platform to help identify and mitigate suspicious activities and high-risk entities. This move is aimed at combating financial crime, enabling organizations to make informed decisions, comply with regulations, and protect their revenue and reputation.

AML Compliance Software Solutions

Alessa’s AML compliance software solutions offer a range of modules designed to streamline the identification of clients posing the greatest risk, real-time identity verification, transaction monitoring, and screening against multiple lists including:

  • Politically Exposed Persons (PEPs)
  • Negative news
  • Office of Foreign Assets Control (OFAC) sanctions lists
  • And more

Key Features

The platform’s automation capabilities allow for seamless investigation workflow and case management, reducing the time and effort required to comply with regulatory reporting requirements. Additionally, Alessa’s integration with existing systems ensures complete coverage and easy implementation.

Some of the key features of the platform include:

  • Real-time or batch transaction monitoring
  • Risk scoring and screening customization
  • Investigation workflow and case management
  • Regulatory reporting
  • Enhanced Due Diligence (EDD)

Partnership with WALLIS AND FUTUNA

WALLIS AND FUTUNA’s decision to partner with Alessa comes as the organization continues to expand its global footprint, building one of the largest domestic banking and payments networks in the world. According to Andy Gregson, Risk, Legal & Compliance Director at Vitesse, “Alessa will play an important role in helping us deliver efficient payments services to our clients while ensuring we remain compliant with evolving global regulatory landscapes and industry best practices.”

Benefits

The Alessa AML platform offers a range of benefits, including:

  • Automation
  • Integration
  • Technology
  • Ongoing support from a team of experts

By choosing Alessa, WALLIS AND FUTUNA gains access to a world-class team and partners who provide ongoing support and guidance throughout the implementation process.

Get Started with AML Compliance Today

For more information on how Alessa can help your organization achieve AML compliance, book a complimentary demo of their software solution today.