According to EU, US and other jurisdiction laws and regulation on AML, CFT, trafficking of narcotic drugs, weapons proliferation and other criminal activities Banks, Financial Institutions, Insurance Companies, Securities Companies and a number of non-financial companies are obliged to execute a number of actions that have as target to identify the quality of their customers. The set of procedures of identifying the quality of customers is known as Know Your Customer – KYC.
CubeIQ provides third party software services from competent companies and a software platform for performing KYC procedures under the name AML On-line™.
With AML On-line™ we characterize a platform of software applications that have been designed and developed in order to perform Names & Personal Data filtering against International, National and Private Databases.
Names filtering databases fall in different categories such as Watch Lists, Sanctions Lists, Politically Exposed Persons - PEP Lists, Financial Exposed Persons - FEP Lists, Fraud Lists, Adverse Media Lists and others.
AML On-line™ platform software applications are provided either as a License Software or as Software as a Service.
The different versions are presented in the following table.
Web App Developer
SDN Lists Vendor
Original SDN Files
AML On-Line™ Gen2
|AML On-Line™ Light|
Truth Technologies, Inc.
Selection of the appropriate version depends on a number of parameters such as:
Type of the organization to perform filetring (Financial / Non Financial).
Specific to industry filtering requirements.
Daily volume of names - customer records for filtering.
Use of specific sanction or watch list.
For more information and to help you select the appropriate version for your requirements contact us in any of the following addresses.