AML Accelerate announces partnership with LexisNexis®

AML Accelerate is pleased to announce its partnership with LexisNexis to empower its customers to comply with AML/CFT compliance obligations using AML Accelerate’s category defining AML/CFT compliance platform.

The AML Accelerate solution from Arctic Intelligence is now available from the LexisNexis portal here. 

As the AML/CFT compliance requirements go into effect on 1st of July, 2018, law firms and organisations need to ensure they have the right strategies and practices in place to meet these requirements. The partnership with Arctic Intelligence will allow LexisNexis customers to have access to an easy-to-use platform which helps organisations accelerate their compliance efforts. It follows a structured approach to assessing Money Laundering and Terrorism Financing risk based on established frameworks and methodologies, resulting in detailed reports that will meet New Zealand’s Department of Internal Affairs (DIA) standards and regulations.

Anthony Quinn, co-founder of AML Accelerate said, “We are very excited to be announcing our partnership with LexisNexis, who is well recognised as a global provider of solutions to professionals in the legal and accounting sectors. Both of these sectors have thousands of professionals that are impacted by anti-money laundering regulations, which have been complex and costly to comply with, until now”.

Quinn added, “Combining AML Accelerate’s unique approach to performing money laundering and terrorism financing risk assessments and AML/CFT Program Manuals, with the global reach of LexisNexis, who have more than 10,000 employees and serve customers in more than 175 countries, is a natural fit for us and we look forward to working with LexisNexis on our global rollout.”

Andy Boss, general manager at LexisNexis NZ Ltd, supported this by saying, “LexisNexis is very pleased to be working with Arctic Intelligence who are recognised as RegTech innovators that have developed a sophisticated AML/CFT compliance platform that saves our clients time and mitigates risk in meeting their AML/CFT compliance obligations”.

About AML Accelerate:

AML Accelerate an easy-to-use platform designed by experts for conducting money laundering and terrorism financing risk assessments tailored to over 30 financial and non-financial industry sectors. AML Accelerate has been designed to help organisations of all sizes across different industry sectors and geographies to meet their AML compliance requirements – saving you time and money.

About LexisNexis Legal & Professional:

LexisNexis® Legal & Professional a leading global provider of legal, regulatory and business information and analytics that help customers increase productivity, improve decision-making and outcomes, and advance the rule of law around the world. As a digital pioneer, the company was the first to bring legal and business information online with its Lexis® and Nexis® services. LexisNexis Legal & Professional, which serves customers in more than 130 countries with 10,000 employees worldwide, is part of RELX Group, a global provider of information and analytics for professional and business customers across industries.

Original Link: https://amlaccelerate.com/wp-content/uploads/2018/03/AML-Accelerate-Announce-partnership-LexisNexis-050318-FINAL.pdf