Anti-Money Laundering

Gfi EAST > Sectors > Finance > Anti-Money Laundering

kdprevent™ platform

AntiFraud – AML – Compliance

We have several years of experience in the development of systems preventing money laundering and detecting external and internal fraud. The kdprevent™ Platform is our flagship solution to counteract money laundering and terrorism financing. It has been implemented in several countries around the world, in over 50 institutions.

The automated solution is designed to detect unusual, unexpected and suspicious activities. Once detected, it automatically sends warnings to those responsible, usually managers in charge of business relations and compliance staff.

Functionalities

  • Analysis of both a single transaction and a set of related transactions that took place in a given period of time
  • Automatic detection and interruption of suspicious transactions (e.g. SWIFT, SEPA, SIC, etc.) and real-time notification
  • Generating alerts for detected suspicious situations
  • Real-time analysis of all AML risks based on customer-specific risk models. Our system allows for different levels of analysis, e.g. branches, units and customer managers.
  • A Relationship Analyzer that allows you to explore potentially suspicious or unknown relationships that exist between customers, borrowers or accounts (e.g. cash flow).

Process support

  • Monitoring of transactions
  • Onboarding of customers
  • PEP verification
  • Risk assessment
  • Reporting and statistics

ASK AN EXPERT

Wolfgang Veith

My focus at IMPAQ is to provide compliance solutions for financial institutions and corporations. I analyze the needs of the customers and offer tailor-made solutions, through the kdprevent Platform. Furthermore, I can point out the strategy for a long-term orientation of a professional compliance organization.