Header banner
Revain logoHome Page
aml360 logo

AML360 Review

6

·

Very good

Revainrating 4.5 out of 5  
Rating 
4.7
Governance, Risk and Compliance, Anti Money Laundering

View on AmazonView on ЯM

Description of AML360

The BSA/AML assessment is a digital application of the risk-based approach to analysing, measuring and reporting on vulnerabilities that a bank presents to unwittingly facilitating money laundering and/or financing of terrorism. The analysis report includes narrations to explain the risk ratings and includes heat maps for easy identification of higher risk hot-spots. As a digital solution, updates can be completed within minutes. Automated record keeping ensures filing of former and current risk report's can be easily managed from the AML360 Cloud platform.

Reviews

Global ratings 6
  • 5
    4
  • 4
    2
  • 3
    0
  • 2
    0
  • 1
    0

Type of review

Revainrating 5 out of 5

Great all-inclusive log management platform for financial institutions

Very intuitive software! It has so many features like asset searches along with account information as well as transaction data which makes it very useful in compliance departments looking into suspicious activity reports (SARs). Also I appreciate how simple this program was when training new users through online tutorials - everything comes up right away without having multiple screens pop open asking you questions about your login credentials or what not.. There are two things though i would

Pros
  • Easy to learn
  • Has all necessary tools for performing various tasks suchas Asset Search, Account Information &amp Transaction Data.
  • Great Customer Service from Support Team who is always responsive&nbsp
Cons
  • There are disadvantages

Revainrating 5 out of 5

AML360 - Great Risk Assessment Software

1) It has helped me understand more about my clients' businesses2). it helps in understanding how much business each client brings3.) I like its ability as an online tool4.). there are so many features you have access too which makes this software very helpful5)). There isn't anything i dislike yet except maybe if we had some extra space since our file size limit gets exceeded sometimes6?). Its great because when one member uploads data or changes something then everyone else receives…

Cons
  • Empty

Revainrating 4 out of 5

Great program that helps you keep track of everything in your business

I like how quickly you are able get your reports back with this software as it has all my required information needed in one place! This program needs more features added so i could find out who was doing what when they were at work or home etc.. Also some people say there isn't any way around getting into trouble but if u keep up w ur business then dont worry about anything else!! Just run through everything once before hand just make sure everyone knows their job responsibilities very well…

Pros
  • All the information is in one place in one report and the audit trail is a great thing to have as well
Cons
  • Nothing at all as far as i can see and i hope there is nothing to dislike

Revainrating 5 out of 5

Great all-inclusive log management platform for financial institutions

Very intuitive software! It has so many features like asset searches along with account information as well as transaction data which makes it very useful in compliance departments looking into suspicious activity reports (SARs). Also I appreciate how simple this program was when training new users through online tutorials - everything comes up right away without having multiple screens pop open asking you questions about your login credentials or what not.. There are two things though i would…

Pros
  • Easy to learn
  • Has all necessary tools for performing various tasks suchas Asset Search, Account Information &amp Transaction Data.
  • Great Customer Service from Support Team who is always responsive&nbsp
Cons
  • There are disadvantages

Revainrating 5 out of 5

AML360 - Great Risk Assessment Software

1) It has helped me understand more about my clients' businesses2). it helps in understanding how much business each client brings3.) I like its ability as an online tool4.). there are so many features you have access too which makes this software very helpful5)). There isn't anything i dislike yet except maybe if we had some extra space since our file size limit gets exceeded sometimes6?). Its great because when one member uploads data or changes something then everyone else receives…

Cons
  • Empty

Revainrating 4 out of 5

Great program that helps you keep track of everything in your business

I like how quickly you are able get your reports back with this software as it has all my required information needed in one place! This program needs more features added so i could find out who was doing what when they were at work or home etc.. Also some people say there isn't any way around getting into trouble but if u keep up w ur business then dont worry about anything else!! Just run through everything once before hand just make sure everyone knows their job responsibilities very well…

Pros
  • All the information is in one place in one report and the audit trail is a great thing to have as well
Cons
  • Nothing at all as far as i can see and i hope there is nothing to dislike