Our technology

KYC remediation involves updating, cleaning up and periodically reviewing the information you hold on your customers. You hold information on your customers in the form of documents such as identity papers, KBis or any other required document. This data needs to be regularly updated in line with the regulations in force in your industry and the level of money laundering risk assigned to your customer based on his or her information. AP Solutions IO screening tools fully automate this process, filtering information across millions of records (see list quality).

AML (Anti-Money Landering): The term anti-money laundering, or AML, refers to laws, regulations and procedures designed to combat financial crime. Although anti-money laundering laws cover a limited range of criminal transactions and behaviors, their implications are far-reaching, covering all types of business today, far beyond financial services alone.

LAC : WrestlingAnti-Corruption, Fight against corruption. The Sapin 2 law requires companies with at least 500 employees to implement preventive anti-corruption measures, yet 70% of companies claim to have set up preventive measures, according to a survey by the French Anti-CorruptionAgency(AFA). The AFA survey is one of the objectives of the multi-year national anti-corruption plan of January 9, 2020. Companies subject to the Sapin 2 law must put in place a procedure to evaluate third parties - customers or suppliers, possibly JV partners or acquisition targets - to ensure that they present probity guarantees in line with the company's requirements. Our tools are here to help you!

Know Your Customer(KYC): Know Your Customer is the process of verifying the identity and integrity of customers. European regulations require this verification in order to prevent corruption, money laundering, tax fraud and the financing of terrorism (AML-CFT). Changes in the regulatory framework (EBA, Sapin 2, AML-CFT, etc.) require certain institutions to extend their knowledge of their suppliers: Know Your Suppliers(KYS). KYC remediation: KYC remediation involves updating, cleaning up and periodically reviewing the information you hold on your customers. You hold customer information in the form of documents such as IDs, KBis or any other required document. This data needs to be regularly updated in line with the regulations in force in your industry and the level of money laundering risk assigned to your customer based on his or her information. AP Solutions IO screening tools fully automate this process, filtering information across millions of records (see list quality). AML-CFTAnti-money launderingand anti-terrorist financing. With the constant evolution of regulations, this has become a major preoccupation for companies, which are subject to heavy fines in the event of strict non-compliance, and can engage the criminal liability of company directors.

• Before entering into a business relationship: obligation to identify the " Beneficial Owner"; even for an occasional customer, and to screen the lists of Global/Regional Sanctions, Assets Freeze, Politically Exposed Person, RCA Relatives and Close Associates, Unfavorable Media, identification of countries and currencies under embargo...
• Throughout the business relationship: the third-party repository must be constantly updated, and any change in information (such as an IBAN change, company closure or merger, PEP, RCA exposure, etc.) must lead to a new verification by the teams in charge, so daily screening is a must.
• At the end of the business relationship: once the Ultimate Beneficiary's account has been closed, all related documents and information must be archived for a period of 5 years.

AML (Anti-Money Landering): The term anti-money laundering, or AML, refers to laws, regulations and procedures designed to combat financial crime. Although anti-money laundering laws cover a limited range of transactions and criminal behavior, their implications are far-reaching, and today cover all types of business, well beyond financial services alone. AML : FightAnti-Corruption, Fight against corruption. The Sapin 2 law requires companies with at least 500 employees to implement preventive anti-corruption measures, yet 70% of companies claim to have set up preventive measures, according to a survey by the French Anti-CorruptionAgency(AFA). The AFA survey is one of the objectives of the multi-year national anti-corruption plan of January 9, 2020. Companies subject to the Sapin 2 law must put in place a procedure to evaluate third parties - customers or suppliers, possibly JV partners or acquisition targets - to ensure that they present probity guarantees in line with the company's requirements. Our tools are there to help you! Export Control: Manufacturers, exporters, financial institutions and insurance companies are all subject to exportcontrol rules, and can be held liable, at the very least, on the grounds of complicity and/or AML/CFT regulations.Export control, which involves checking for international sanctions and compliance with trade embargoes , is now a core concern for regulators and companies alike: transaction screening is an obligation AML-CFT aimed at verifying that a customer's transaction is not subject to international sanctions or trade embargo. Sapin II Act: With the Sapin 2 Act, France has introduced innovative tools to effectively detect, prevent and punish corruption and breaches of probity. The law aims to respond to the aspirations of the French people for transparency, ethics and justice in economic matters. "Ethics must be the compass of public and economic life", declared Michel Sapin, for whom "this text will contribute to making our country a modern democracy, based on solid values, and not a democracy of suspicion. It will help build an economy that serves everyone" and eliminate "unbridled finance at the service of corruption and speculation.

AP Solutions IO has opted for Augmented Intelligence for total transparency, traceability and explicability.Artificial Intelligence is becoming less and less intelligible(Black Box). Users want and need to understand how a program's AI works, and how to evaluate the results obtained(Glass Box). In terms of AML-CFT traceability and explicability are, according to regulators, absolutely mandatory. Justifying a recommendation does not depend on the illusory transparency of the algorithm, but on the traceability of the rules used to build it.Augmented Intelligence, by combining Human, Collective and Artificial Intelligence, guarantees both the Justification and the Legitimacy of the decisions made, because it puts the human at the center of the decision and the machine at its service. AP Solutions IO offers you high-performance, yet perfectly traceable & explainable, Detection & Reduction Intelligence, for justified recommendations that lead to legitimate decisions. Our intelligent automation solutions make it possible to limit human action on repetitive, time-consuming or low value-added tasks, while securing the analysis of your flows in real time (up to 98% fewer false positives...) Result 100% Compliance, 100% Aligned with your risk appetite, 100% Fast

The more than 70 parameterization criteria of our tools enable a very fine granularity in the implementation of the Compliance Policy compared to the "theoretical" compliance policy. APScanis the tool that adapts to your policy, not the other way round! Supervisory authorities are very sensitive to the alignment of practice and theory. This setting also enables a large number of alerts to be reduced automatically, automating decisions. Fewer alerts to review =

• Fewer operators/users required (HR cost optimization)
• Business fluidity (less waiting for file validation = less prospect abandonment = more signatures)

The solution also automates the daily updating of the various lists, and screens the entire customer portfolio (database) at no extra cost. Of course, previous alerts that have already been reviewed do not need to be revised. Only new and/or updated alerts need to be reviewed by users/operators. So as not to oblige users/operators to connect to the application on a daily basis, APScan can inform them only when alerts are to be reviewed, by email notification.