Transaction Screening For Instant Payments

Instant Payments Start With Instant Transaction Screening

Choose us for the fastest real-time monitoring. Gain insights into every transaction for immediate detection and response.

Meet stringent regulatory requirements such as Terrorist Financing, Adverse Media, Money Laundering, Sanctions & PEP Lists, and Transaction Fraud. We process and respond to compliance checks in under 1 second, ensuring transactions complete within the mandated 10-second timeframe.

Comprehensive Compliance Features

Transaction Risk Scoring

Assign risk scores to transactions based on predefined factors to focus on high-risk transactions. This ensures you prioritize what's important.

Machine Learning Insights

Identify irregularities and unusual patterns that may have slipped through the cracks, significantly reducing false positives. Stay focused on what truly matters.

Watchlist Management

Customize and manage watchlists according to your risk profile for enhanced monitoring. Tailor your approach to fit your needs.

Unmatched Security and Deployment Flexibility

We understand the intense security standards financial institutions must adhere to. That's why we offer both on-premise and SaaS deployment options, always prioritizing the security of your business.

Seamless Integration and Ongoing Support

API Integration

Seamlessly integrate with your existing payment systems and databases. Support for various payment formats like SWIFT, SEPA, and ISO20022.

Full Onboarding Support

Our developers will work alongside yours to ensure a smooth and swift setup process.

Dedicated Account Management

Post-deployment, benefit from a dedicated account manager for ongoing training, best practice advice, and technical support.

Awarded & Accredited by Industry Leaders

More Than A Great Transaction Screening Tool

All-In-One Client Lifecycle Management Tool

You can manage all transaction related alerts in our CLM platform. See the data that matters visually and take action. In fact, you can streamline almost every compliance & AML related process.We automate workflows, provide real-time alerts, and offer customizable risk parameters to focus on high-risk areas, reducing costs and freeing up your team to handle critical tasks efficiently.

Appreciated By Our Valued Clients

We consider Complytek as an integral part of our team. Being able to work directly in the tool rather than making changes offline was something that we really needed. The second feature that resonated with us was the workflow stream in the whole audit process. Having our audits in a central location has resolved much of the email traffic and eliminated workflow bottlenecks that pop up when for example colleagues go on vacation and we can’t access their work. But most important of all, was that it successfully incorporated and automated our audit execution and follow up methodologies.

Fasouliotis Athos

Head Internal Audit

We have not just acquired a well rounded GRC solution which helped us automate, centralize and simplify our Risk Management processes. Bank of Cyprus has gained a long lasting partner and this is due to Complytek’s professionalism, high quality customer support and great caliber solutions that they offer.

Chris Alexandrou

Manager Of Operational Risk Management

Your innovative product has changed the way we work. With near real-time onboarding and a host of automated processes, the software solution has freed up our precious time, as well as allowing us to offer our clientele a much smoother experience.

Irene Papadopoulou

Partner & Risk Management Director

Complytek’s KYC, AML, FRAUD Solution is real value for money. You won’t find a more cost-efficient product to keep in line with all the regulations. The team is always there to provide great support

Charitini Maliappi Theocharidou

Head of Compliance & Risk Management

List of All Major CLM Functionalities

Client Onboarding and Risk Profiling

Automated Data Collection and Verification.

Client onboarding portal can be set up as a white-label solution to keep the client experience consistent with your brand.

Precise Risk Profiling

Based on clients’ attributes, transaction history, and relevant data.

Client Classes & Segmentation

Risk-Based Client Categorization

Flexibility in categorizing and segmenting clients based on their risk profiles and business relationships.

Workflow Automation and Alerts

Customizable Automated CLM Processes

That will be curated during the set up process. Workflow automations can be dynamically changed at any time.

Trigger Alerts for Client Reviews

Minimize manual efforts and potential errors while staying alert with timely notifications on upcoming client reviews or changes in risk profiles.

Audit Trail, Reporting, and Analytics

Client Activity Audit Trails and Analytics

Be audit-ready at all times with a comprehensive trail of client activities. We provide reporting capabilities for compliance, internal audits, and data analytics.

GDPR Compliant Document Storage

GDPR-Compliant Document Storage

Keep all essential client related documents in one place for easy management.

Notifications for Document Updates

Receive notifications when it’s time to update documents and keep client profiles up-to-date.

Compliant Client Offboarding

Compliant and Secure Client Termination

Conclude client relationships smoothly ensuring compliant management of client data during offboarding.

Risk Assessment

Client Risk Profiling & Advanced Scoring

Construct detailed risk profiles with numerical scoring based on predefined factors

Client Watchlist Screening

Check customers against various watchlists for links to criminal or terrorist activities.

Ongoing Monitoring & Real-Time Alerts

Receive real-time alerts for high-risk (determined by you) clients.

Complex Ownership Structures

Gain insights into intricate ownership structures, including Ultimate Beneficial Owners (UBOs)

Multi-Jurisdiction & Multi-Regulatory Environment Support

Risk Communication & Prioritization

Simplify risk communication and prioritize critical risks.

Payment Screening

Supports Various Payment Formats

Process SWIFT, SEPA, and ISO20022 payment message formats.

Sanctions Screening

Check transactions against various sanctions lists.

PEP Screening

Scan transactions for involvement with politically exposed persons.

Anomaly Detection & Machine Learning

Identify irregularities and unusual patterns in payment messages.

Transaction Risk Scoring

Assign risk scores to transactions based on predefined factors to focus on high-risk transactions.

Watchlist Management

Customize and manage watchlists according to your risk profile.

API Integration

Integrate with your payment systems and databases.

Customer Screening

Integrate and Update Data

Automated data gathering via API connections with external sources and existing platforms.

Screen Against Diverse Databases

Screen individuals and entities against PEPs, sanction lists, and more.

Customizable Risk Profiling and Scoring

Create risk profiles with customizable scoring models. Align risk scoring with your risk appetite.

Electronic Identity and Document Verification

Frictionless client detail and document verification against trusted sources.

Store and Manage Compliance Documents

Secure, centralized repository for identification documents for easy access and retrieval for compliance and audits.

Enhanced Due Diligence

Trigger in-depth investigations for high-risk customers.

Real-Time Ongoing Monitoring

Continuous scrutiny of client profiles and transactions to detect changes in risk levels or suspicious activities.

Ongoing Updates and Efficient Resource Allocation

Continuously updated risk profiles and focused resource allocation.

Transaction Monitoring

Combines rule-based alerts with machine learning. Algorithms learn and evolve with each transaction.

Real-Time Monitoring

Continuously monitor transactions in real-time.

Predefined Rule-Based Analysis

Apply predefined rules and algorithms tailored to regulatory requirements and company policies.

Anomaly Detection and Machine Learning

Use machine learning models to identify unusual patterns and deviations. Flag high-risk transactions and minimize false positives.

Customer Risk Profiling

Incorporate a customer’s risk level and transaction history. Identify deviations from typical behavior for enhanced risk management.

Customizable Threshold Monitoring and Scenario Setting

Set thresholds for transaction amounts or frequencies and customize rules. Minimize false positives and align with your specific risk profiles

Data Integration via API

Integrate with core banking systems and relevant data sources

Transparent Reporting & Audit Trails

Comprehensive reporting and audit trails to maintain compliance and transparency in transaction monitoring activities.

Transaction Fraud

Real-Time Fraud Detection & Machine Learning

Scrutinize transaction data in real-time to detect suspicious activities or anomalies.

IP Analysis

Extra layer for added security that allows Inspect IP addresses linked to transaction requests.

Pattern Recognition

Detect unusual transaction patterns associated with fraud

Risk Scoring

Assign risk scores to transactions based on fraud likelihood. Flag high-risk transactions for further investigation.

Authentication & Verification

Integrate multi-factor authentication or biometric verification before prior transaction.

Behavioral Analysis for Anomaly Detection

Analyze customer transaction behavior to identify deviations.

Real-Time Alerts

Generate instant alerts for suspicious transactions to take immediate action.

Reporting

Provide insights into fraud trends and prevention effectiveness

Need A Solution Fast?

Let's Talk!

Book a quick discovery call with one of our team members and tell us what you need. Once we identify that we are the best match for your business, we'll show you how the tools will be working for you.