To protect their reputation in the banking market, any banking institutions, including their customers, strive to be in accordance with the established internal and external regulations and Code of Conduct, the so called compliance-control. Compliance risk can lead to diminished reputation and limited business opportunities.
The major compliance areas are: Anti Money Laundering and terrorism financing; developing of tools and directives to ensure compliance of the Company to the relevant legislation; protecting information flows, providing Anti-Fraud and Anti-Corruption activities.
SWIFT solutions in Compliance
ProFIX Company is an expert in the Compliance and AML solutions’ development and implementation. As a SWIFT Business Partner in Armenia, Belarus, Georgia, Moldova and Ukraine we provide the full range of services and SWIFT solutions in Compliance and AML to the banks:
- KYC – due diligence, audit, risk-management
- Sanctions Compliance – check by the sanction lists
- Compliance Analytics – analysis and monitoring of company's traffic
Compliance solution for MoneyGram Int.
As a Certified Global Technological Partner of MoneyGram International, ProFIX Company provides the supplementary AML and Compliance “Black List” service. This solution allows the creation and online usage of the local Black Lists within one country or one MoneyGram Agent.
The system covers all levels of complexity in the Black Lists’ structure and guarantees a flexible response in each particular situation.