Anti-Money Laundering

Anti-Money Laundering

Achieving a balance between AML compliance and operational efficiency has never been more challenging.

As regulatory and operational AML demands continue to grow, financial institutions are constantly challenged to do more with less. The increase in the variety of channels available, velocity of asset-flow, and a shift in how accounts are viewed and used by customers present major challenges to all firms. Regulators continue to expand enforcement of AML regulations on an ever growing range of businesses, jurisdictions and asset types, and place increased scrutiny on compliance across the customer lifecycle. At the same time, budgets are restricted, operations constrained, and qualified staff is in high demand.

To help financial institutions address these challenges in the most efficient and cost-effective manner, Matrix-IFS has developed a unique methodology which focuses on delivering practical, creative and achievable solutions. We approach each project with a blend of understanding and advocating the bank’s compliance and business objectives; a pragmatic assessment of operational, technology, and budget constraints; agile and transparent project management methodology; and a can-do attitude.

The Matrix-Exzac Anti Money Laundering Practice is comprised of AML business and technology experts with many years of experience delivering quality solutions to global financial institutions under tight deadlines and budgets. 

We offer a full range of AML advisory and system integration services:

  • AML Strategy, Risk Assessment, Analysis and Design
  • System Implementation, Enhancement, Tuning and Optimization
  • Documentation, Training, and Regulatory Review Preparation
The combination of our team’s deep expertise and result oriented methodology enable us to deliver unparalleled value to our clients. 

We provide professional services at each stage of the implementation life cycle, and specialize in helping banks maximize their technology and staffing investments through system enhancement and operational optimization. From the initial project scoping through production delivery and ongoing support, we can perform the full implementation, a subset of project tasks, or supplement specific subject matter or resource needs. We cover all AML operations areas:

  • Transaction Monitoring
  • Sanctions and PEP Screening
  • Customer Due Diligence / Know Your Customer
  • Alert and Case Management
  • Regulatory Reporting