Financial Crime World

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Peruvian Financial Institutions Embrace Advanced Solutions to Prevent Money Laundering

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Challenge of Anti-Money Laundering Compliance in Peru

LIMA, PERU - As the Peruvian financial sector continues to grow and evolve, institutions are facing increasing pressure to maintain strict anti-money laundering (AML) compliance. With the challenge of managing thousands of transactions daily, combined with changing regulations and high volumes of false positives, AML compliance can become overwhelming.

The Right Solution for AML Compliance

In response to these challenges, Alessa’s integrated platform has emerged as a leading solution for Peruvian financial institutions. By providing a risk-based approach to compliance, Alessa simplifies the workload while introducing powerful real-time data collection and automation into all areas of compliance. The end-to-end solution automates time-consuming tasks, decreases false positives, provides daily updates on risky relationships, and helps keep institutions up-to-date with changing regulations.

Why Peruvian Financial Institutions Prefer Alessa’s AML Solution

Alessa offers a comprehensive AML compliance platform that supports the unique needs of Peruvian financial institutions. The solution provides:

Key Features

  • One Integrated Platform: Seamless compliance functionality from red flag to final regulatory report
  • Expedited Results Through Automation: Streamlined AML tasks and processing for rapid compliance
  • Accelerated Onboarding: Real-time sanctions and watchlist screening, identity verification, and client risk assessment
  • Daily Update of Client Risk: Comprehensive and daily update on client risk highlighting clients whose risk scores have surpassed the institution’s threshold in the last 24 hours
  • 360° View of Each Client: Complete view of client information and activities for easier investigation and resolution

Alessa’s Advanced Features

Alessa’s integrated bank compliance software allows Peruvian financial institutions to:

Advanced Capabilities

  • Detect Suspicious Patterns: Holistic view of data to identify suspicious activities in real-time, periodically, or on demand
  • Risk Scoring You Control: Develop a risk scoring model that matches the institution’s risk tolerance for complete client profiles
  • Enhance Collaboration with Case Management: Highly automated case management solution for better team collaboration and issue resolution
  • Automate Regulatory Reporting: Auto-populate, validate, and electronically submit regulatory reports across multiple jurisdictions

Success Story: Vitesse

Alessa is playing a crucial role in helping Vitesse, one of Peru’s leading banks, deliver efficient payments services to its clients while ensuring compliance with the evolving global regulatory landscape and industry best practice.

Book Your Complimentary Demo Today

Don’t miss out on this opportunity to simplify your AML compliance processes. Book your complimentary demo of Alessa’s AML software for banks today.