Customer Identification Program (CIP)
OneSumX for AML includes:
Enhanced Due Diligence (EDD) processes
Suspicious activity detection
Customer AML/Terrorist Funding risk assessment
Case investigation
Suspicious Activity Report (SAR) submission
Without a comprehensive BSA/AML program, you face the risk of:
Costly fines that directly impact your bottom line
Legal battles that absorb critical financial and human resources
The ongoing impact of declining share value
Reputational damage from which it may be difficult to recover
How we add value to your business:
Wolters Kluwer provides industry-leading solutions for fighting financial crime across the organization, enabling collaboration to better manage risk, protect customers, and secure institutional assets and reputation.
Our staff of financial crime and technology experts, including many former bankers and regulators, understands the challenges of preventing financial crime and achieving regulatory compliance.