Are you managing a large compliance team or a team spread across multiple offices or have compliance consultants working remotely? SILO Compliance System has useful reports to manage workload and our cloud solution allows staff traveling or working from home to access and keep compliance up to date.
Your anti money laundering policy likely requires periodic monitoring of your clients or customers. Due diligence must get updated and transactions reviewed to ensure your clients are not exhibiting high risk factors for money laundering. But how do you keep track of when monitoring is due? Another spreadsheet, calendar reminders that get ignored? SILO Compliance System’s dashboard lets you know who is due for monitoring.
Due Diligence means different things for different businesses. Whether you’re an asset manager, wealth advisor, law firm, corporate service provider or other AML regulated business that must comply with anti money laundering regulations, you need an AML CDD compliance system that works for you. Our user friendly dashboards help you stay on top of your due diligence obligations.
Anti money laundering regulations require money laundering awareness training of all staff. Annual AML training can take up a lot of your time as you have to track and log when everyone sat their training. SILO Compliance System makes it easy to set-up your own AML training program and staff can sit training at their convenience. When your anti money laundering regulator requires to see the training log, SILO has it ready for you.
John F Dyke
Overseas Asset Management