Claire Esso, KYC & Compliance at AETHER FINANCIAL SERVICES explains why AETHER FINANCIAL SERVICES choseAP Solutions IO...
Video transcription:
" AP Solution IO is a really efficient and fast help on a daily basis. As soon as we onboard a new customer, I have to check all the risk criteria for my company and, via AP Solution IO, all these elements are perfectly analyzed."
"On a daily basis AP Solution IO, allows me to detect all at-risk customers, for example, PEP (Politically Exposed Persons) customers, and all those who are potentially on other sanctions lists..."
...And does this reduce the risk of false positives?
"Exactly. When we enter a customer into the system, it allows me to determine false positives... if we're ever audited, I could take out all our at-risk customers quickly and efficiently."
And what about ACPR approval?
"When we contacted AP Solutions IO, we were in the process of obtaining approval from the ACPR (Autorité de Contrôle Prudentiel et de Resolution). The ACPR inspected our service provider, AP Solutions IO, and validated the relationship we subsequently set up, and since last August we've had ACPR approval, and we've been working with AP Solution IO ever since, and it's going very well...".