client-server application based on Windows, is a system specially designed to mitigate reputation
and regulatory risk by helping support the implementation of the bankís AML
(Anti-Money Laundering) program. The software helps meet the needs of local
business/compliance policies and regulations, as well as, assisting in
meeting the international FATF (Financial Action Task Force) recommendations and the
regulations contained in the BSA (Bank Secrecy Act) and US PATRIOT Act.
AML-Reporter is a private labeled product owned by
Miami-based Genie Software Inc. with a product name of MATRIS. It is utilized to
examine expected account activity against actual transactions and is extremely efficient
in the detection of suspicious activities and the prevention of money laundering in financial
institutions. In addition to the software, IDOM offers consulting services to enable our clients
to handle all inherent issues in this area of compliance.
AML-Reporter uses a dynamic proprietary algorithm to
calculate account activity profiles and detect suspicious account activities. A powerful
database engine and flexible architecture, manages the data flow to enhance detection
capabilities, while keeping the operation easy and user friendly.
historical information and advanced statistical methods, AML-Reporter
determines profiles and activity expectancies to effectively detect trend
breaks and abnormal transactional behavior. Whenever a profile is exceeded,
the system automatically generates an ďAlertĒ for the user. Alerts are
classified according to their level of priority and their working status.
The software provides a comprehensive analysis of account activities, funds
movement, and relations of fund movement with emphasis on high-risk entities
and geographies. AML-Reporter provides for customized and exportable reports
and keeps a complete record of its operation, facilitating the documentation
and verification of AML, KYC (Know Your Customer) and EDD (Enhanced Due Diligence) compliance efforts.
A powerful user management system
ability to define different user permissions and restricting access to accounts according to a variety
of user defined criteria
Supports a multi-level
security access facility that can be used to support up to five levels
of access within the system
Flexible security access
parameters allows data to be loaded within a single database to provide
consolidated management of the monitoring function, while enabling the
filter of information on values that support various security levels
like: multiple banks, branch sites, geographical areas, currencies for
Specific critical functions
can be further segregated to restrict user's performance within the