PEPs and sanctions lists are constantly updated by global regulatory bodies, and keeping up with the latest changes can be a significant challenge for financial institutions. AML software solutions like TRAX use advanced algorithms and data analytics to screen customers and transactions against these lists automatically, ensuring institutions comply with the latest AML regulations and guidelines. With TRAX, institutions can streamline their AML compliance efforts and focus on delivering value to their customers. Reach out to us for information on this.
