TradeMax switched from spreadsheets to software, for AML / CTF Risk Assessments. This is a critical function and Arctic Intelligence helped us to meet our obligations efficiently and effectively. Now that we are aware of Arctic Intelligence, why would anyone use spreadsheets to conduct AML / CTF Risk Assessments?
Kevin Chu, Compliance Manager, TradeMax Australia
I’ve established ML/TF Risk Assessments and Programs for a number of companies and have come to regard AML Accelerate as the ‘Gold Standard’. Given the entry point pricing, intuitive process and constant evolution aligned to such a dynamic regulatory landscape, I would thoroughly recommend the platform for start-ups and enterprise groups alike. The importance of using such high quality tools in supporting financial crimes risk management cannot be overstated.
Stu Hallows, CRO, Paytron
Risk Management is a priority at Bendix and we understand the first step towards managing risk is having an efficient Risk Assessment program that identifies and assesses inherent risks posed by the environment in which the company operates and the products it deals in. We were on the search for a program that could support us in identifying risks under various categories, points towards risk control mechanisms, and documents the process for regulators. ‘AML Accelerate’ fitted the bill and we are glad we chose it for the purpose. In our opinion, the idea of software assisted Risk Assessment and Documentation is a revolutionary concept brought to fruition by Arctic Intelligence.
Chief Compliance Officer, Bendix Foreign Exchange and Payment Solutions
Very impressed with the technology and how easy it was to navigate. I did not have any prior training with the platform, however it only took a couple of pages to understand how it works.
Craigs Investment Partners
If you think compliance is expensive, try non-compliance. Paying for the right tools, systems and resources always pays off!
Legal & Compliance Officer, Unity Bank
Following a full compliance review, we selected the Arctic Intelligence AML Accelerate platform to assist us with our AML compliance. We needed an efficient and user-friendly way to keep on top of our in-house procedures, risk assessments and the ever-evolving regulatory responsibilities.