877 289 6197 info@valentabpo.com 
Valenta BPO Canada > Services > Financial crime

Financial Crime Compliance


Like everything else around us, financial services too have leveraged digital platforms and the number of online transactions is rapidly increasing. While this change is welcome for the ease it offers, it has also increased the instances of the threat of digital crime. 

Businesses in finance have certain checks and balances towards countering these threats and ensuring the security of transactions. Institutions have initiatives such as KYC (Know Your Customer) and AML (Anti-Money Laundering).

Financial institutions fight for ‘genuine customers’ with newer, competitors who are more tech friendly, resulting in a reduction in profit margins. The AML and KYC initiatives are being reinforced, with more stringent rules for non-compliance in place.

At Valenta, we have a proven track record in defining, implementing and operating AML and KYC initiatives for reputed financial institutions. Our clients include several names on the Fortune 500 list, and we help them enhance their operational efficiency while being compliant.

We have on board, Austrac authorised professionals, with 20+ years of experience.  We also have experts on financial crime, tech specialists, and legal professionals working together to ensure your organisation is updated with industry standard systems, procedures, and compliance related checks.

Our Financial Crime Compliance Solutions Include

  • Client Lifecycle Management (CLM) – We help financial organisations build their client lifecycle operations for better client satisfaction and reduced risk of the operation.
  • Process standardisation and transformation – We design models for process standardisation, transition, and enterprise level transformations. We analyse data streams received from across various geographies, evaluate existing processes and workflows, define standards, and develop technology solutions that enhance efficiency across the enterprise.
  • Know Your Customer (KYC) services – We embed exhaustive due diligence processes in our KYC model to assist financial institutions in client on-boarding. We ensure clients have easy access to information on due diligence to meet mandatory requirements.
  • AML Center of Excellence (CoE) – We have the expertise to design, set up, and manage Centres of Excellence and also assist enterprises in upgrading their existing AML COEs and global AML operations. We have designed and set up CoEs for clients across verticals.
  • Alert remediation services – To assess and validate transactions, we conduct screening tasks including PEP (Politically Exposed Person) screening, and sanction screening. This helps us inspect and evaluate transactions between the countries of operation, and the establishment sanctioned. We deploy proven screening methodologies and evaluate alerts to identify and block false alerts.
  • Technology services – We have established strong relationships with leading names in technology to deploy integrated AML lifecycle management. We conduct analysis to recognise data gaps that enable us to recover missing data, define extracts, transform and then load (ETL) architecture. Our ETL services are backed by SLAs (Service Level Agreements) support.
  • Management fraud – We offer our expertise to financial institutions in fraud prevention and monitoring. We have a proven track record in predictive modelling and neural network technology, and the ability to strategically analyse the situation, backed by a sound understanding of fraudulent behaviour.

Why Valenta's Financial Crime Compliance Solutions

Financial crime is fast emerging as one of the biggest challenges faced by financial institutions and policymakers. The crime is difficult to detect, trace and unravel, as it involves activities in unfriendly geographies and complex online systems. It also uses advanced technologies to cover the footprints of illegal transactions. At Valenta, we have a team of specialists with a good understanding of the modus operandi in such activities, the tools used, and how best such crimes can be prevented. We engage with domain specialists to offer customers the best of solutions, making sure their digital presence is profitable and safe for both themselves and their clients.

Our Services

OUR BROCHURE Download the pdf file of latest update for this service.

Need Help ?

Please feel free to contact us and we will get back to you within 1-2 business hours. Or just call us now

877 289 6197


Software Expertise

Related Services

Outsourced Paralegals | Valenta BPO Canada

The legal profession is among the most demanding, with lawyers/ firms usually loaded with routine work that consumes a big part of their time. 
Read More

Business Process Management | Valenta BPO Canada

Businesses work constantly towards trying to improve productivity and performance, while trying to minimise costs. 
Read More

Captive offshoring | Valenta BPO Canada

Valenta has years of experience in setting up and managing captive offshoring centres for various businesses from scratch. 
Read More

Book Online Meeting