A solution that automates the processes of compliance and prevention of money laundering. Assists and guides the implementation and control of KYC procedures, risk evaluation, search for suspicious names and monitoring of unusual activities.
The Due Diligence Manager consolidates a list of applicable requirements to every contact according to the functions the person undertakes and in agreement with the applicable laws.
The system has risk rating framework that incorporates the recommendations and best practices of the banking and financial sector for the evaluation of money laundering risk of clients.
CAMS has a monitoring console which allows the information crosscheck of the database against watchlists of suspicious names (OFAC, ONU, etc.).
An essential component of every AML system and terrorism financing prevention is the monitoring of operations against the client profiles to detect variances to the expected activity.
CAMS system manages exchange information requirements, generating automatically reports aligned with international standards and of each jurisdiction.
The database allows the management follow-up of the requirements from their request up to their expiration. The integration with the accounting system allows to report balances along with the data of the owners and ultimate beneficiaries.
In the Contacts Manager the data of individual and corporate contacts are supported in a model that unifies and centralizes the information.
The different modules of the Business Manager support the data of contracted services and adapt to the nature of the business of the organization: corporate services, investment funds administration, banking services, trusts administration, fiduciary services, etc.