Application

The goAML solution is executed in three steps: collection, analysis (rule-based analysis, risk-score and profiling) and dissemination (escalate to law enforcement and seek feedback). It provides a facility for the rapid exchange of information between the FIU, financial institutions law enforcement and judicial authorities, while ensuring confidentiality of the data collected. The goAML software is designed as a modular system to fit the needs of any FIU irrespective of size.

An FIU receives data from financial institutions and other reporting entities in the form of:

  • Cash Transaction Reports (CTR)
  • Suspicious Transaction Reports (STR)
  • Electronic Funds Transfer Reports (EFT - including International Funds Transfer Reports)
  • List-based reports such as reports generated from lists of known terrorist identities.