Tookitaki for Banks
Onboard customers seamlessly, and cut costs while minimising risk exposure.
Significantly reduce false positives, while improving your alert quality.
Detection, investigation, and reporting of financial crime made easy with an end-to-end platform.
A framework that enables the rapid and effective deployment that banks need with the agility to adapt to new money-laundering trends and the evolving compliance environment.
AMLS delivers efficiency, particularly in minimising the number of false positive alerts in transaction monitoring and Know Your Customer (KYC) screening.
Leverages the power of Artificial Intelligence (AI) to generate high-quality alerts
Scalable community-driven typology library driven by the “Hub and Spoke” model for powerful transaction monitoring
Detect suspicious cases from the smallest detail and avoid any false negatives
Categorise alerts into 3 risk levels with our machine learning models for easier investigation
Streamline workloads and cut costs with efficient, flexible, and reliable compliance programmes
Encompasses both name screening and real-time transaction screening capabilities to accurately identify positive hits and reduce false positives
Screen and prioritise all name search hits, ensuring efficiency in the investigation process
Reduce held transactions and improve straight-through processing with more accurate matching
Reduce noise and work more efficiently with powerful machine learning models
Holistic risk coverage for each customer ingesting data from multiple internal and external sources
Create a dynamic, 360-degree risk profile of your customers informed by their profile information, transactional activity and alert history
Ensure highly accurate customer risk scores at all times with a well-timed re-scoring of existing customers
Utilise historical data to augment the risk score and improve accuracy over time with limited human interaction
Speedy alert disposition and easy regulatory report filing with an end-to-end workflow solution that manages alerts from all solutions and consolidates in an interactive, modern-age case manager
Centralise alert investigation across all AML processes–transaction monitoring, customer due diligence and screening
Enable deeper investigations into suspicious activities with our strong network detection engine, visualising transaction round-tripping, flow-
through of funds and more
Save time spent on creating reports and ensure a smooth filing process with readily available case information
“The area of AML requires constant vigilance and continual enhancement to ensure that we stay on top of preventive, detective and enforcement measures. The use of RegTech such as Tookitaki’s AMLS enables us to augment our ability to identify actionable alerts and minimise false positives. These sharpen the accuracy and effectiveness of our AML risk management.”
See first-hand how Tookitaki can help bolster your risk & compliance operations