Anti-Money Laundering Compliance


Financial Services (FS) companies spend an immense amount of time and money to detect and report on suspicious activity to prevent money laundering, fraud, or other market manipulation. In Canada, companies are governed by the Proceed of Crime (Money Laundering) and Terrorist Financing Act (PCTFA), and in the US, the Bank Secrecy Act. Both regulations require that FS companies implement various controls, including client identification, record keeping and compliance regime requirements and report suspicious activity asap in order to prevent crime.

Next Pathway’s AML Compliance solution helps companies detect, monitor and report on suspicious activity in real-time, by streaming various transactional data, customer records, and other third-party data sources into Big Data environments, automatically – without any manual intervention. The ability to stream all sorts of data in a standardized method, while capturing the lineage back to the origination systems, metadata and security policies, provides companies with an end-to-end solution for AML.