Summary:
This Maltese company has developed a secure compliance tool directly and uniquely designed to ensure obliged entities comply with the European Union's anti-money laundering directives as well as guidelines issued by national regulators. This company is well established on the domestic market and wants to expand internationally through commercial partners. Technical assistance is offered.
Description:
The Maltese-based company wishes to introduce its newly-developed compliance solution, to the international market. The tool offers a rigorous approach, backed by subject-matter experts, while helping users keep up to date with international conventions, sanctions lists and local regulatory requirements. It also puts clients in control of the whole process through dashboards and alerts.
With the use of this tool, obliged entities can bring together in one place all the scattered information and processes associated with a manual or MS Excel-based system. The tool then presents a centralised and complete view of the status of the company's AML risk processes and the risk classification of customers. It offers and allows for a smooth customer on-boarding experience, without compromising compliance, and provides the users with an intuitive, browser-based interface and the ability to generate ad-hoc or regular reports for regulatory authorities and management.
The solution is web-based, facilitates deployment and integration options, together with security and auditing features.
The company is keen on offering its solution as long-term collaboration to potential partners from any field of activity related to AML compliance. A commercial agency agreement is sought.
Type (e.g. company, R&D institution…), field of industry and Role of Partner Sought:
Potential partners would include companies or organisations, seeking customised compliance support, services and solutions.
Partners might also be businesses offering services to 'Obliged Entities' in financial services, including services to banks, trustees, corporate service providers [CSPs], accountants, investment consultants, AML consultants or legal firms, that would like to extend their current offering.
Stage of Development:
Already on the market
IPR Status:
Copyright
External code:
BOMT20201001001
