The Solution
The solutions developed is a web-based anti-money laundering solution for account opening and customer record management system, designed to enable financial institutions to capture required documents, perform validation of customer information against public and private records databases, and verify customer identity using the Knowledge Based Authentication system.
It also provides integrated email and web browsing for account opening approval/rejection justification research, full text search of all maintained customer records, management reporting and dynamic statistics, display of RSS feeds and broadcasted notes, and the ability to define approval/rejection workflow using an easy to use interface.