Clari5 Trade Based Anti-Money Laundering
Protect your trade finance transactions from potential money laundering activities through sanctions screening and comply with national and global programs.
Clari5 Trade Based Anti-Money Laundering
Clari5 helps the financial institutions identify the misrepresentations or falsified information about the imports and exports screening across sanctions for vessels, individuals, payments and goods involved in the transaction. Clari5 also prevents any potential money laundering trade finance transactions through it’s industry’s best Clari5 Studio. It also helps financial institutions in complying with national and global compliance requirements.
Highlights
Advantages
Highlights
- Fully automated trade compliance program detecting misrepresentations or falsified information
- Monitors suspicious trade transactions in real-time and takes right decision at the right time
- Compliance with regulators by timely filing the regulatory reports such as CTR, STR/SAR etc
- Real-time vessel tracking and payment information screening
- Ability to block the payments if any suspicious information found in the payment message
- Integrated reports/ dashboards providing insights on the efficiency and effectiveness of the TBAML solution
Advantages
- Real-time approach to monitor trade transactions
- Payment screening that helps in curbing money laundering through sanctioned entities or PEPs involved
- Vessel tracking and dual usage goods screening to identify the banned vessels/ ports and goods for trade