Published Date:
18/10/2007

Leading the way with Anti Money Laundering / Counter Terrorism Financing software solution tools...

With new Anti Money Laundering / Counter Terrorism Financing legislation coming into effect in Australia there is a need for institutions to adapt to a new regulatory regime. 

Requirements of the new legislation are far reaching and impose a need for financial institutions to understand the potential for financial crimes that exist within their customer base, with the products which they deliver, also bringing with it considerable new reporting responsibilities.

Ultradata is in the unique position of being able to provide a comprehensive and flexible AML/CTF software solution tools that can be used in conjunction with internal policies and procedures to enforce the required work processes.

By using the latest Ultracs 3 (incorporating a new version of People & Relationships) coupled with the standard modules of the Reporting Database and Documents, Ultradata is in the perfect position to provide a fully comprehensive set of compliance tools.