Living in an era of collusion, fraud, and money laundering has put most organizations on high alert and forced regulatory institutions to tighten their belts. This, in turn, has shifted the conversations that we are having with industry leaders who are looking to strengthen their anti-money laundering (AML) and counter financial terrorism (CFT) programs in order to maintain their critical international business relationships, as those intermediaries seek to de-risk.

1. The Role of Technology: Battling Financial
Crime
Marlon Cooper
Managing Director
Symptai Consulting Limited

2. Agenda
• About Symptai
• Alessa – The AML solution
• About CaseWare
• Client Overview
• AML Compliance program
• AML Technology

3. Symptai Consulting Limited
22 years
400
+
clients
20
+
countries
• We mature the world’s best organizations
by providing industry leading technology
assurance and advisory services.
† Founded in 1998
† 400+ clients
† 30+ Alessa implementations
Extraordinary People. Exceptional Results.

4. About Alessa
“Alessa- (formerly CaseWare Monitor) means ‘noble defender’. It allows organizations to
quickly identify suspicious activities and high-risk entities in compliance, finance, purchasing
and procurement programs. With early detection of elevated risk, Alessa empowers
organizations to investigate these activities, make informed decisions, automatically create
an auditable trail, comply with regulations and protect revenues.
The solution includes due diligence, sanctions screening, transactions monitoring and
transactions screening, regulatory reporting, advanced analytics, workflow automation and
case management.”
https://alessa.caseware.com

5. $
Money Service
Businesses
Betting & Gaming
Medium Sized
Banks
ePayments
Mid-Sized Banks
FinTech
Money Service Businesses
ePayment Platforms
Crypto Currency Exchanges
Gaming & Betting
Clients Profile

6. Common Financial Crimes
• Narcotics trafficking
• Terrorist/Gang financing
• Elder abuse
• Human smuggling
Christopher Westphal, Data Mining for Intelligence, Fraud and Criminal Detection, 2009

7. Building a Successful AML Program
• Governance
• Training
• Risk management
• Compliance technologies
• Culture

8. Technology Role

9. Alessa Technology
Customer Due Diligence
List Screening
Sanctions and
internal lists, PEPs,
negative news, etc.
Identity
Verification
Risk Profiling
Onboarding API
Transaction Monitoring
Transaction
Screening
Sanctions and
internal lists, high risk
countries, anomalies,
etc.
Fraud
Detection
Anomaly detection,
link analysis, rules,
etc.
Regulatory Reporting
Auto-Filing
SARs, CTRs, STRs, etc. across multiple
jurisdictions
Analytics Investigations
Transactions
Customer Data
Events
Third-Party Data
DataManagement
Repository Anomaly Detection
Segmentation
Decision LearningCase ManagementRules Engine
Scoring Engine Workflow Enterprise Search
Infrastructure
Security, Privacy, Certification, Deployment Manager
User Experience
Visualizations, Dashboards, Reporting, KPIs
Compliance
Operations

10. Due Diligence - Sanction Screening
Alessa allows you to screen individuals against sanctions lists at various points
in your process and triggers an alert when anything unusual is detected.
• Pre-screen before acting – Screen potential customers and vendors when
opening new accounts
• Automatic periodic reviews – Screen your entire customer base on a regular
basis to identify possible changes
• Real-time interception – Intercept transactions in real-time by screening
senders and recipients of wire transfers and drafts

11. Screening Example

12. Sanction Screening

13. Due Diligence - KYC Compliance
With Alessa, you can verify your customers before doing business with them.
• Validate customer identities – Detect missing or incomplete data
• Ensure compliance and apply risk scores – Examine customer data to ensure
KYC compliance and apply risk scores based on defined metrics

14. Know Your Customer (KYC) Compliance

15. Identity Verification
- Driver’s License
- Passport
- Address
- Corporate - UBOs
- Supports all screening
- KYC management

16. Transaction Monitoring
Alessa monitors all transactions across multiple locations and entities from any
data source. Unique capabilities include:
• Cross-channel automated monitoring – Automatically detect
unusual/unexpected behaviour
• Data consolidation – Collect data from relevant sources
• Early identification – Identify suspicious transactions including structuring,
smurfing and flipping, pass-thru

17. Transaction Monitoring
Models
Anomaly
Detection
Scoring
Engine
Rules
Scenarios
Block Activity
Continue to
Monitor
Customer and
Activity Risk
Scoring
Actions
(Workflow and Case)
Investigate
Data

18. Regulatory Reporting
Alessa offers automated reporting and allows mass filings of regulatory reports.
• Timely and easy governance – Create and modify regulatory reports such as
suspicious activity reports (SARs) and threshold transaction reports (TTRs)
• Track investigations – Capture notes and comments during the investigation
process for reporting

19. Regulatory Reporting

20. Regulatory Reporting

21. Enhanced Due Diligence
Alessa offers enhanced due diligence support through its Case Management
capabilities.
• Single point to manage an entity – Create cases to support automatic review
of customers based on their risk rating
• Review Relationship – Confirm that account is operating as intended
• Track investigations – Capture notes and comments during the investigation
process

22. Enhanced Due Diligence

23. The Promise
Complete Picture
of all your risks and data
Single Platform
to help easily oversee all your
compliance requirements
Optimal Process
to help engage all stakeholders in
compliance efforts

24. Final Questions

25. Connect With Us
info@symptai.com
symptai.com
876-968-6189
LinkedIn – Symptai Consulting Limited
Facebook – Symptai Consulting Limited
YouTube – Symptai Consulting Limited

26. Thank You