Continually monitor money laundering and terrorism financing risks.
Available for both Professional and Enterprise editions of Alacra Compliance, the Surveillance module provides continuous monitoring of customers for material changes that impact their money laundering, terrorism financing risk or adverse events that increase reputational or credit risks.
Receive updates from multiple sources.
Reduce exposure to regulatory, revenue and reputation risk
Be informed of changes in risk as they emerge
Demonstrate a risk-based approach that follows regulatory guidance
Avoid fines and costly investigations
Screen customers for a variety of risk events.
Alacra Surveillance monitors your customers for events that could impact their risk score like:
Changes to PEP status
Appearance on the Global Sanctions or Enforcement lists
Association with adverse news
Material changes to the entity’s core data such as changes to domicile, regulatory status, rating, etc.
Should an event occur, you will be notified automatically so you can re-evaluate the entity and take appropriate action.