Uzbekistan Banks Partner with Tietoevry for Anti-Money Laundering Solutions

Preventing Money Laundering in Uzbekistan: A Delicate Balance

As financial institutions in Uzbekistan navigate the complex landscape of anti-money laundering (AML) regulations, many are turning to Tietoevry for comprehensive software solutions. To prevent money laundering and terrorist financing, Uzbek banks must identify and control risks associated with these illicit activities while maintaining full compliance with national and international AML rules and regulations.

The Challenge

Preventing money laundering requires a delicate balance between risk management and resource allocation, all while delivering optimal outcomes at a low cost. This is where Tietoevry comes in – one of the largest and most experienced AML providers in the Nordics, with a market-leading portfolio of AML tools developed since 2004.

Tietoevry’s AML Solutions

• Comprehensive suite of AML tools: Integrated with other components from its Banking software suite
• Artificial intelligence (AI) powered: Enables financial institutions to effectively combat money laundering in real-time
  • Transaction monitoring
  • Know Your Customer (KYC)
  • Customer screening functions for sanctions and Politically Exposed Persons (PEP)

Case Management System

Provides a framework for reporting suspicious activity, ensuring that all incidents are thoroughly investigated and documented.

Tietoevry’s Expertise in AML Solutions

• Over 140 technical experts on staff
• A one-page overview of their AML Suite is available for download
• Helping Uzbek banks stay ahead of money laundering threats while maintaining regulatory compliance