Banking Compliance Software Solutions in Bulgaria: Simplify Your Workload and Ensure Compliance

As a financial institution operating in Bulgaria, dealing with thousands of transactions daily, both traditional and digital, anti-money laundering (AML) compliance can be a daunting task. With changing regulations and managing hundreds or even thousands of false positives, the challenge of compliance can quickly become overwhelming.

Why Alessa’s AML Banking Solution?

One Integrated AML Platform

Alessa provides a complete AML compliance banking solution on one integrated platform, offering seamless compliance functionality from the first red flag to the final regulatory report.

Expedited Results Through Automation

We’ve streamlined AML tasks and processing, allowing your business to automate any part or all of your compliance processes in a single platform.

Accelerate Onboarding

With real-time sanctions and watchlist screening and identity verification capabilities, Alessa allows you to quickly onboard new customers while adhering to AML banking requirements.

Key Features of Alessa’s Integrated Bank Compliance Software

Get a Daily Update of Client Risk

Alessa provides a comprehensive and daily update on client risk, highlighting clients whose risk scores have surpassed your organization’s risk threshold in the last 24 hours.

360° View of Each Client

Alessa 360° provides a complete view of client information and activities, making suspicious activity easier to investigate and resolve.

Reduced False Positives

Alessa uses machine learning and rules-based advanced analytics to minimize false positives, giving you more time to further investigate and report suspicious activity.

Benefits of Alessa’s AML Banking Solution

Detect Suspicious Patterns With Transaction Monitoring

Monitoring every type of transaction (i.e., deposits, wires, checks), Alessa offers a holistic view of your data to help identify suspicious activities.

Risk Scoring You Control

Develop a risk scoring model that matches your organization’s risk tolerance, so you have a complete picture of each of your clients. Our ID verification and risk intelligence capabilities provide updated risk profiles and scores for all of your clients.

Enhance Collaboration With Case Management

Alessa offers a highly automated case management solution that allows your team to better collaborate and resolve issues faster, engaging your entire organization in a culture of compliance.

Automate Regulatory Reporting

With Alessa, all of your regulatory reports (CTRs, SARs, LCTRs, and STRs) can be auto-populated, validated, and electronically submitted across multiple jurisdictions.

Real-World Benefits

“Alessa will play an important role in helping us deliver efficient payments services to our clients, which include some of the largest insurers in the world, while ensuring we remain compliant with the evolving global regulatory landscape and industry best practice.”

Andy Gregson, Risk, Legal & Compliance Director of Vitesse

Book Your Complimentary Demo

See how Alessa can help your financial institution automate and simplify your compliance processes. Book your complimentary demo of our AML software for banks today.

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