Amlock™

Financial Crime Detection and Management Solution

35+

Countries with Amlock™ Implementations

Azentio’s Amlock™ Financial Crime Detection and Management protects financial institutions with fail-safe cutting edge technology. Amlock™ is compliant with KYC, Transaction Monitoring and Regulatory Reporting, assisting banks in detecting and managing money laundering transactions.

Amlock™ Core Solution

The functionality of Amlock is beneficial for every banking unit. We believe the product must be adaptable, easy to use and 100% genuine and that is exactly what we provide.

KYC & Risk Assessment

We understand that your security is of utmost importance and we Amlock secures you with:
• Customer KYC repository
• Customer onboarding review with feedback to core systems
• Customer risk classification

Transaction Monitoring

Amlock is designed to keep a close watch at every transaction that take place ensuring every transaction is smooth, safe and secure by:
• Supporting batch and real-time monitoring
• Comprehensive alert library
• Configurable alert risk scoring
• Alerts to ensure compliance with Government of India’s Financial Intelligence Unit (FIU) requirements

Case Management

Amlock helps track and manage new and existing developments with:
• Comprehensive case management
• Multi-level workflow
• Investigation tools

Reporting & Administration

The functionalities of Amlock enables administration of the current work alongside developing reports to deliver the work progress and its status:
• AML compliance reports
• MIS/KYC/transactional reports
• Analyst & supervisor dashboards

What makes Amlock™ unique

The Online Screening against sanction lists during customer onboarding
Configurable risk assessment model based on entity type
Alert risk scoring to prioritize alerts
Alerts Library with over 150+ scenarios and Rule Builder to create user defined alerts
Alerts suppression using rules and analytics
Smart alert assignment based on branch, scenario, and customer group, among others
Specific Alerts to safeguard your remittance transactions involving high-risk countries
Protects organisations from suspicious transactions related to fake Indian currency notes (FICN)

Business Advantages with Amlock™

• Rapid implementation timeframe – within 10–12 weeks
• Supports multiple browsers and operating systems such as UNIX, AIX, MS Windows
• Product support includes any AML regulatory changes as a part of annual support
• Supports centralized multi-country implementations
• Supports multi-lingual and multi-currency interface