AML bot will be the middle man between the Anti Money Laundering department and the client. The bot will be able to ask the client, specific information which will help the Anti Money Laundering department to analyse and validate client risk. The current client on-boarding is set through the front office (sales). The front office liaises with the client and further passes the information to the Anti Money Laundering Department. In the majority of cases, the Anti Money Laundering department does not receive enough information, hence are returning back to the Front Office (Sales) with further questions to be addressed to the client. Such a back and forward process increases client average onboarding time up to 48 days and potentially can lead to loss of business....
AML bot will be the middle man between the Anti Money Laundering department and the client. The bot will be able to ask the client, specific information which will help the Anti Money Laundering department to analyse and validate client risk. The current client on-boarding is set through the front office (sales). The front office liaises with the client and further passes the information to the Anti Money Laundering Department. In the majority of cases, the Anti Money Laundering department does not receive enough information, hence are returning back to the Front Office (Sales) with further questions to be addressed to the client. Such a back and forward process increases client average onboarding time up to 48 days and potentially can lead to loss of business.
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Employees

Andrejs Zelcs
Admin
Andrejs Zelcs CEO Experienced AML compliance advisory generalist with over 8 years’ experience within the financial sector industry.