Anti Money Laundering Solution

Togggle AML uses real-time data sources to provide accurate and up-to-date information on your customers, ensuring a more effective screening process. With real-time data, you can identify suspicious activities as they happen and take appropriate action.

Our platform uses a risk-based approach to assess the potential AML risks associated with each customer, ensuring that resources are allocated effectively, and that high-risk customers receive Enhanced Due Diligence (EDD). By focusing on high-risk customers, you can prioritise your efforts and ensure you allocate resources where they're needed most.

Togggle AML is designed to integrate smoothly with your existing KYC, CDD, and EDD processes, creating a unified and efficient compliance framework. Our flexible platform can be customised to your specific needs, allowing you to streamline your compliance processes and reduce the risk of errors.

Our advanced transaction monitoring system analyses customer transactions in real time, identifying and flagging suspicious activities to ensure timely reporting and action. This includes monitoring the three stages of money laundering: placement, layering, and integration. You can quickly identify suspicious activities and take appropriate action by tracking transactions.

Togggle AML's robust sanctions screening feature cross-references customer data with international sanctions lists, Politically Exposed Persons (PEPs) databases, and adverse media sources to detect potential risks. With sanctions screening, you can ensure you're not doing business with individuals or entities on international sanctions lists, reducing your risk of non-compliance.

Our platform streamlines the regulatory reporting process, automatically generating and submitting Suspicious Activity Reports (SARs) and Currency Transaction Reports (CTRs) to relevant authorities. By automating the reporting process, you can reduce the risk of errors and ensure that you're meeting your regulatory obligations.

We prioritise compliance and data security.  Our AML solution follows the highest international regulatory standards, such as the Financial Action Task Force (FATF) recommendations and the Bank Secrecy Act (BSA).  We also continuously update our platform to align with ever-evolving regulations and industry best practices.

Moreover, our robust decentralised data storage & security measures ensure that your customer's sensitive information is always protected.  We use the latest encryption technologies to secure your data and ensure that it can't be accessed by unauthorised individuals or organisations.