Preparing for Action – 3rd Money Laundering Directive
The main changes introduced by this directive are:
- Beneficial owners
- Politically Exposed Persons (PEPs)
- Risk based approach now mandatory
- Simplified and enhanced customer due diligence measures
- Monitoring
- Reporting
- Risk Assessment
Technology has become an essential tool to combat money laundering with flows now estimated in excess of US$ 1 trillion per year. Attendees will have the opportunity to be introduced to the newest software technology for anti-money laundering (AML), fraud detection, market misuse, risk assessment analysis and other transaction-monitoring tools for detecting financial crime.
At the cornerstone of our financial crime solutions is TONBELLER’s 35 years of investments in BI technology to deliver the most profound data mining and OLAP analytics on the market today says Paul Hamilton Financial Solutions expert.
Having worked with over 500 financial institutions in 40 countries the combined expertise of TONBELLER – IMTF provides financial institutions with best-in-class solutions. The success of this strategic partnership between TONBELLER and IMTF is due to its superior execution ability witnessed in over 700 client implementations. As well as one of the worlds largest AML project based on transaction volume of 85 billion per year.
TONBELLER AG
Werner-von-Siemens-Str. 2
64625 Bensheim
Germany
Contact
Bengt Hellbach
Phone: +49 (0) 6251 / 7000 - 350
Fax: +49 (0) 6251 / 7000 - 140
Email:bh@tonbeller.com
- About TONBELLER -
For more than 35 years, TONBELLER has been one of the leading providers of Business Intelligence Software. Innovative technology, comprehensive functionality and many years of experience in risk management guarantee the high degree of dependability of our solutions – which are used world-wide by more than thousand customers. The claim of TONBELLER is to provide perfect solutions for risk analyses, anti-money laundering, fraud detection, watchlist management as well as for market misuse in the securities business. For more information on TONBELLER and its products, visit www.tonbeller.com