KYC/AML Checks

In an effort to prevent money laundering and identity theft, the process of KYC is mandatorily being executed by banks and financial institutions across the globe.

An analytical process with consistent guidelines, KYC checks assist in ascertaining individuals and/or organizations with known criminal or politically exposed backgrounds, and possible listing with sanctioned/banned entities.

Alea utilizes its advanced and extensive resources to support financial institutions by:

  • Conducting identity checks of the subject against proprietary databases, regulatory, enforcement, compliance, litigation and other relevant lists
  • Reinforcing AML (Anti-Money Laundering) screening measures and techniques
  • Gathering information related to the subject's profile, background, social/ financial status and description of business activity
  • Identifying illegitimate financial transactions, source of funds, country of origin and global jurisdiction