Financial Institutions in Peru Turn to Software Solutions to Prevent Money Laundering

The Challenge of Anti-Money Laundering in Peru

In a bid to strengthen their anti-money laundering (AML) controls and comply with national and international regulations, financial institutions in Peru are increasingly adopting advanced software solutions. Industry experts highlight the significant challenge faced by these institutions in identifying and managing risks associated with money laundering and terrorist financing, while also balancing resource use with effective risk management.

Advanced Software Solutions for AML

To address this issue, companies such as Tietoevry Banking have developed market-leading AML tools that can be integrated with other components from their software suite. These solutions enable financial institutions to combat money laundering through real-time transaction monitoring, Know Your Customer (KYC) and customer screening functions for sanctions and Politically Exposed Persons (PEP).

Key Features of Tietoevry’s AML Suite

• Powered by cutting-edge Artificial Intelligence (AI)
• Real-time transaction monitoring
• Comprehensive case management capabilities
• Know Your Customer (KYC) and customer screening functions for sanctions and Politically Exposed Persons (PEP)

The Importance of Effective Software Solutions in Peru

As Peru continues to strengthen its AML regulations, financial institutions are under pressure to implement effective software solutions that can help them stay ahead of the game. With Tietoevry’s AML Suite leading the charge, it is likely that more institutions will turn to this cutting-edge technology in the coming months.

Get Started with Tietoevry’s AML Suite Today

For more information on how Tietoevry’s AML Suite can help your institution prevent money laundering and comply with national and international regulations, contact us today.