Introduction - AML On-Line by CubeIQ Limited

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Introduction

The Products
Prime Compliance Suite from FIS Risk and Compliance Solutions is an integrated suite of software products designed for use by the financial services industry. Many of the world's leading banks, brokerage houses and insurance companies use FIS' Prime Compliance Suite - PCS™ to meet the compliance requirements of the Bank Secrecy Act, the USA Patriot Act, the Office of Foreign Asset Control (OFAC), the European Union but also other International & National regulatory requirements.


For a full in house AML system deployment, the following modules and services are available:

FIS' Prime Compliance Suite PCS™ software modules

FIS’ BSA Reporter

Detection, Analysis & Reporting of Suspicious Transaction.
FIS’ EDD Reporter
Know Your Customer – KYC with Enhanced Due Diligence & Customer Identification Program – CIP, Customer Automatic Profile Risk Rating & Ongoing Risk Review, Customer Onboarding and Acceptance.
FIS’ OFAC Reporter
Customers Names Filtering Against Specially Designated Nationals (SDN) Lists, CIF Filtering, Real-time Interfaces for Names Filtering Interfaces.
FIS’ Databank
SDN List provision including OFAC, EU Consolidated EU, UN Consolidated, Politically Exposed Persons - PEP, Financial Exposed Persons FEP, in total 39 International SDN Lists are available.
FIS’ Legal Reporter
Comprehensive Search and Reporting of Customers, Accounts and Transactions and Matches Review for USA, USA Territories and Countries Following US Regulations.
FIS' Training Reporter
Enables organizations to effectively manage AML staff training & educational  activities.

SwallowTech's AML Solution  
SwallowTech’s SMART-AML
SWIFT Alliance Server certified plug-in. SWIFT Transaction tracking down and screening in real time preventing any payment order, violating AML/CTF regulations and other sanctions, to be executed. SWIFT transaction real-time names filtering.

CubeIQ's AML Applications and Modules
CubeIQ’s Implementation and Consulting Services
CubeIQ contributes experts who understand your business, compliance, and technology need who provide AML systems' full pre-production and post-production full implementation, support and maintenance services

CubeIQ’s PCS™ Toolset Module

A number of tools for automating PCS™ functions:
  • PCS™ Database Direct Update for Currency Transaction Report (CTR) Amount and Exemption List fields.
  • PCS™ Reporting Internationalization.
  • PCS™ Group Profiling Reports.
CubeIQ’s PCS™ OFAC Reporter™ Web Service On-Line Bridge Module
A bridge software application between third party software applications that cannot use web services technology and PCS™ OFAC Reporter™ Web Services.
CubeIQ’s PCS™ Sanction List Database Update Viewer -  SDN List Viewer™ Module
SDN List Viewer™ is a tool applicable to Prime Compliance Suite – PCS™ AML platform with which when a large number of PCS™ OFAC Reporter cases have been generated the end-user can find which OFAC Reporter loaded database SDN Lists have been updated and with how many records and therefore determine the reason of OFAC cases creation.

CubeIQ’s AML On-Line™ Application
AML On-Line™: Internet Names Filtering Against Specially Designated Nationals (SDN) Lists. Single Name Search, Batch File Names Search, Output in html and downloadable pdf formats. AML On-Line™ is available in five (5) versions which address the needs of different organization types, specific industry requirements, volume of searches, and types of watch and SDN lists used.
CubeIQ’s Legal and Audit Manager -  LAM™ Application
Automated Management of Regulatory Authorities Requests for Customer Information, Manual or Automated Storage of Regulatory Authorities Requests Documents, Comprehensive Search and Reporting of Customers, Accounts and Transactions and Match Review. Generate Reports (Output Files) to Regulatory Authorities in different file formats (word, pdf, html, odt, and others). Storage and Lock of Reported Searches Outcome in a Historical Database for Future Reference and Audit Purposes.
CubeIQ’s Regulatory Authorities Reporting LAM™ Module
  • FFI FATCA-2 (XML Schema 2.0) Reporting.
  • DAC2/CRS Reporting.
  • OECD/CRS Reporting.
  • Suspicious Activity Report (SAR) and Currency Transaction Report (CTR) to FIU, Central Bank and other Local Regulatory Authorities. These reports are customizable per country and per case.
CubeIQ’s Private Watch List Management Application
Creation and Management of Multiple Private SDN Lists and Automated Update of PCS™ OFAC Reporter Database for Names Filtering.
CubeIQ’s Legalization Document Management System -  LDMS™ Application
Legalization Document Management System LDMS™ - is a document management system for storing, searching and retrieving organizations’ customers’ legalization documents. LDMS™ can be used for managing customers’ legalization documents from Compliance, Anti-Money Laundering (AML), Know Your Customer (KYC) and other departments, primary in Banks and Financial Institutions.
CubeIQ’s Training Manager Application
A database application for tracking institution’s employees training requirements in relation with institution’s AML and Compliance program. Effectively manage employees training activities and ensuring that institution's employees meet AML training objectives

GDPR Compliance Services
GDPR Compliance services solution in terms of Data Risk Assessment (GDPR Analysis), Data Risk Assessment Remediation, GDPR Docuemtation, the full required services in order an organization to become GDPR Compliant. Several software tools are available for GDPR Data Analysis, GDPR End Point Secutiry and GDPR Websites compliance.
By partnering with CubeIQ the following benefits are archived:  
  • A comprehensive system of record for the entire bank's anti-money laundering compliance needs.
  • A solution that integrates effectively with the other systems in place at the bank, as well as a solid methodology for that integration.
  • A long-term relationship with a vendor-partner that not only offers software, but also provides regulatory data and professional services.
  • The ability to confidently grow their business, knowing that their compliance with the U.S.A. (Bank Secrecy Act & USA PATRIOT Act), European Union and international regulatory requirements is in good hands.

For any question or comment please contact our support team at sw.support[at]cubeiq[dot]gr.
For product or services inquiries please email to: sales[at]cubeiq[dot]gr or fill our information request form.

AML On-Line by CubeIQ Ltd. :: www.cubeiq.gr

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