The AML360 Outsourcing model combines compliance professionals and technology to provide your business a fully serviced and managed AML/CFT solution. Your business retains the position of AML Compliance Officer whilst we manage up to 80% of your compliance tasks.
You get a dedicated AML expert, including access to technology, at a cost that is typically less than a full time employee. Payment is made on a quarterly basis.
Outsourcing is a strategic method for improved operations so that you can focus on core business. The results are a more effective and efficient process and operation with access to knowledge resources and specialist technology that your business may not otherwise be able to support.
Your business is able to deploy an AML/CFT programme quickly without the need for major capital expenditure for staffing, training and establishing systems.
We employ the best minds in AML CFT compliance and eliminate talent shortage. Engaging AML360 Outsource puts expertise behind your compliance function, allowing you to focus on growth and profitability.
We provide a full time professional and comprehensive regulatory technology at half the cost of an employee. This ensures a cost effective method of managing your AML compliance.
We will help manage your audit and regulatory communications, including drafting responses and collating material for inspection. We ensure your staff are fully prepared for onsite inspections.
AML360 Outsource provides regulatory technology – introducing a compliance function with more breadth and technical capability than any other firm can deploy. We manage every aspect of AML compliance.
We are able to provide the bulk of your compliance function in a completely outsourced manner, appropriate for the nature, scale, complexity and risk-profile of your business.
We effectively act as your compliance team by conducting an initial AML CFT risk assessment to drafting your programme, conducting day-to-day monitoring, filing regulatory reports and delivering training.