High praise for AML Partners’ innovations on RegTechONE platform software for KYC and AML
Innovation in GRC and AML/KYC drive product design at AML Partners. And Chartis’ new 2020 rankings for KYC Solutions confirm it.
Chartis’ 2020 RiskTech Quadrant® awarded AML Partners a ‘Category Leader’ ranking for KYC Solutions. The ranking by Chartis is especially exciting for AML Partners as it has bootstrapped its way to best-in-breed technology in GRC and AML/KYC.
“We are thrilled with this recognition,” said CEO Frank Cummings. “AML Partners is a bootstrapped company with big aspirations—and bigger accomplishments. Every day, we strive to innovate in GRC and KYC so that our customers have the highest performing, most extraordinarily configurable software in the industry.”
Cummings describes how he and co-founder Jonathan Almeida worked shoulder-to-shoulder with Compliance professionals for years in New York as consultants for international branches of foreign banks—the most heavily regulated banks in the world.
Cummings said that that time in the Compliance trenches soon after the 9/11 attacks provided him and Almeida with tremendous insight into what financial institutions and Compliance officers most needed in their tech solutions for KYC/AML and GRC. Keeping financial crime out of the international banking system was—quite literally—a life-or-death challenge.
“The Chartis ‘Category Leader’ ranking is a direct result of our in-person expertise gained early at the offices of our first customers,” Cummings said. “We learned very quickly what made the work of Compliance and GRC most difficult, and we designed our technology to make Compliance as effective and efficient as possible. We innovate in order to create products that we ourselves would purchase if we were in the role of Chief Compliance Officer or Auditor.”
Governance, Risk, and Compliance: Software solutions transform results, costs
With AML Partners’ platform technology for RegTech, updating and upgrading your AML and eGRC software solutions is easier, faster, and much less expensive. Contact us today to explore how platform technology and our end-to-end AML Ecosystem powered by the RegTechONE platform–can transform the efficiency and effectiveness of your unique AML Compliance efforts. RegTechONE software for AML Compliance includes fully integrated modules for CDD KYC software for on-boarding, behavior and transaction monitoring software, and sanctions screening software for comprehensive AML screening. And AML Partners simplifies your end-to-end fully integrated AML Compliance efforts even further with an optional Subpoena Search module for FinCEN 314a and similar subpoena searches. Contact us today to learn about our proof-of-concept option or schedule a demo of RegTechONE, the AML software ecosystem. With extraordinary configurability and built for API extensibility, the RegTechONE AML software platformpowers not only an end-to-end AML software solution but also vendor management, AML client lifecycle management, eKYC Golden Records, Perpetual KYC, and so much more.
