7 Avp

Actimize WLF/WLX: Empowering AML Compliance and Watchlist Filtering

As a leader in AML solutions, we are excited to present Actimize’s Watch List Filtering (WLF) and Watch List Transaction Filtering (WLX) tools. These powerful solutions are designed to enhance your institution’s AML compliance efforts by efficiently screening customer data against global sanctions lists and identifying potential risks associated with sanctioned entities.

Actimize WLF

Actimize WLF is a comprehensive watchlist filtering solution that allows financial institutions to proactively prevent transactions with individuals, entities, or countries that are subject to sanctions and watchlists. By integrating Actimize WLF into your compliance framework, your institution can ensure adherence to regulatory requirements and avoid potential penalties associated with facilitating transactions with sanctioned entities.

Key Features of Actimize WLF

  1. Advanced Screening Capabilities: Actimize WLF provides robust screening capabilities that efficiently match customer data against a vast array of global sanctions lists, including those provided by regulatory bodies such as OFAC, UN, EU, and others.

  2. Real-Time Filtering: With real-time screening, Actimize WLF promptly detects and flags transactions involving sanctioned individuals or entities, enabling your institution to take immediate action to prevent potential financial crime.

  3. Minimized False Positives: Actimize WLF employs sophisticated algorithms to reduce false positives, ensuring that legitimate transactions are not needlessly flagged, and your compliance process remains streamlined and efficient.

Actimize WLX

Actimize WLX is an advanced watchlist transaction filtering solution that enhances your institution’s ability to monitor and control cross-border transactions, ensuring compliance with sanctions requirements. By leveraging Actimize WLX, your institution can stay ahead of evolving risks and maintain a secure financial environment.

Key Features of Actimize WLX

  1. Cross-Border Transaction Monitoring: Actimize WLX offers real-time monitoring of cross-border transactions, allowing your institution to identify and scrutinize transactions involving high-risk jurisdictions and counterparties.

  2. Enhanced Risk Assessment: Actimize WLX enables you to conduct in-depth risk assessments of correspondent banking relationships, ensuring compliance with complex international regulations and reducing exposure to financial crime risks.

  3. Continuous Updates: Actimize WLX ensures that your watchlist filtering process remains up-to-date with the latest sanctions lists, providing your institution with accurate and timely information to make informed decisions.

Why Choose Actimize WLF/WLX with 7th Avenue Partners Inc.?

At 7AVP, we understand the critical role of watchlist filtering in safeguarding your institution from financial crime risks. By partnering with Actimize for WLF/WLX solutions, you benefit from:

  • Expert Implementation: Our team of AML specialists excels in implementing Actimize WLF/WLX solutions, ensuring seamless integration with your existing systems and optimal utilization of the tools.

  • Tailored Solutions: We recognize that each institution has unique needs. Our services are customized to align with your risk profile, size, and specific business requirements.

  • Regulatory Confidence: Actimize WLF/WLX helps your institution meet regulatory obligations with ease, providing the necessary tools to demonstrate your commitment to AML compliance.

  • Proactive Risk Management: By leveraging Actimize WLF/WLX, your institution can take a proactive approach to risk management, identifying potential threats before they escalate.

Empower your institution’s AML compliance and watchlist filtering with Actimize WLF/WLX and 7th Avenue Partners Inc. Contact us today to learn more about these solutions and how we can tailor them to suit your specific needs. Trust us to be your dedicated partner in safeguarding your financial ecosystem from money laundering and sanctions risks.