"As a non-executive member of our Board’s Compliance Sub Committee I have found SILO to be extremely effective and convenient for working with our Compliance Officer on internal AML audit issues. Our CO herself finds the system very useful as a basis for our AML document storage and retrieval systems especially in terms of its excellent cross referral facility. Our AML function works far more efficiently with SILO than it would without it"
"SILO has made our Compliance function easier to manage. The SILO team are always very helpful and great to work with."
"SILO is has been easy to set up and use, providing the necessary tools to monitor and organise our customer due diligence as well as assign risk to each client. In the ever changing regulatory environment, the professional support staff at SILO Compliance have been flexible and very accessible, listening to our needs and adding features as the regulatory goal posts continue to change."
"Reliable, amazing, efficient and easy to use, SILO Compliance has helped us tremendously to monitor when KYC documents become expired. In addition to wonderful features, SILO offers excellent user and system support. We couldn't be more pleased with SILO to help us accomplish our department needs."
"SILO a huge hit! We provided a demo today to the inspectors and they both were very impressed and thrilled with how easy it seemed to operate and the reporting went over like velvet!" and "...the reports that we have provided and the speed in which SILO Has been able to retrieve [data] is bringing rave reviews."
"SILO was a breeze as Kimberly and her team are so easy and accessible. [I] looked forward to my interactions with SILO because I knew they would be pain-free ... They’re actually simply amazing and meet you as the client at your point of need. That aligns well with our firm culture and I was really happy to be on the receiving end of that. 100% endorsement from me."
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.