WiseBOS AML is an automated risk evaluation software solution that assists the Compliance Departments of companies to profile, evaluate and document  the risk of their clients, as required by the AML Directives and regulations.  Compliance is achieved through the dynamic management of KYC documents and actions (including dynamic upgrading of the mandatory KYC documents and actions depending on the latest risk profile results). The risk-based assessment is performed through a series of risk evaluation wizards which are built based on advanced scoring and metrics models.  In addition, WiseBOS AML provides a risk analytical score report and a detailed economic profile of the client, which contains information related to the company structure, information on risk assessment, status of the entity (whether they are a  PEP or sanctioned), company’s activities, transactions, turnover, investments etc. 

The document management capabilities and workflow of WiseBOS AML  accommodates the ability to create and file Internal Suspicions reports (SAR’s), which can then be accessed and reviewed by the Compliance Officer, thus enabling further relevant actions and measures.