AP Solutions IO is a new-generation RegTech company offering powerful Saas, Web & API applications to combat money laundering and the financing of terrorism (AML-CFT ), anti-corruption and export control.
Regtech (Regulatory technology) offers a wide variety of solutions based on innovative technologies such as Artificial Intelligence, Big Data or the Cloud, to facilitate the application of regulatory requirements ...but are they all up to the challenges of legal compliance?
Born in the mid-2000s, some of them are already like dinosaurs! Complying with current and future regulatory requirements is necessary, but extremely complex, costly and often time-consuming .
An infallible compliance tool must provide essential functions to effectively validate customer due diligence measures. KYC / KYS and transaction monitoring measures imposed on companies.
AI, Machine Learning... are the answers of the moment, but they are overused and often unable to meet today's regulatory requirements, making information traceability impossible! The Black Box effect cannot meet today's regulatory requirements... the market is calling for intelligence engines in Glass Box mode, in the face of tools developed in recent years around opaque technologies.
AP Solutions IO offers you high-performance detection & reduction intelligence that's perfectly traceable & explainable, for justified recommendations that lead to legitimate decisions.
AP Solutions IO has opted for Augmented Intelligence for total transparency, traceability and explicability.
Our intelligent automation solutions make it possible to limit the need for human intervention in repetitive, time-consuming or low value-added tasks, while securing the analysis of your flows in real time... The result is 100% Compliance, 100% Aligned with your risk appetite.
Welcome to #RegTech New Generation!
AP Solutions IO offers you ease of use and unlimited interfacing possibilities to deploy our tools in record time!
Thanks to its WEB, Saas & native API interfaces, our trilingual tools - French /English /Spanish - can be easily integrated into any type of file existing in your company's information system. Our "open architecture" solution can integrate all types of standard or specific lists, and all types of configurations.
Our end-to-end solutions featurea native interface for data entry. L'API (Application Programming Interface) can also be called up by an external Information System, without using the Web interface of our solutions. All actions performed can therefore be carried out either via the Web interface, or directly by Web Services calls from a third-party application: IS, CRM, ID Verification, OCR, KYC, KYS, HRIS, etc.
Technologically, our API is designed according to the latest market standards: Web Service in REST/JSON format with a secure OAUTH2 authentication system (Bearer Token). Our no-code configuration allows you to evaluate all our power simply and in real time.
Cybersecurity is at the heart of our concerns. Our solutions are equipped with a comprehensive security system: Transfer security via https encryption / Token identification / Non-reversible password storage / Document encryption / Daily data backup (main and backup servers) / GDPR (General Data Protection Regulation), BCP (Business Continuity Plan), DRP (Disaster Recovery Plan)...
Data located and stored in France.
Faced with social and environmental concerns, our organization has opted for 100% Full Remote and eco-responsible Data Centers based in France.
We ensure the integrity, confidentiality and traceability of content throughout the entire process, from capture to long-term preservation.
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.
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 =
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.