AML compliance software
Salv's AML software clears the noise, makes it easy to tune your own screening and monitoring, and keeps customer risk current as your book grows.
Trusted by 130+ financial institutions across 30 jurisdictions
AML software is what a regulated institution uses to screen customers and payments against sanctions, PEP and adverse-media lists, monitor transactions for money-laundering patterns, keep each customer's risk rating current, and keep a record of every decision for the supervisor.
Salv's AML software screens payments in real time and re-screens customers several times a day, monitors transactions with scenarios your team can read and test, and re-scores each customer's risk as transactions and alerts land. A false positive your team has cleared stays cleared, and every alert keeps the record of why it was closed.
- ~96Mtransactions screened and monitored a month
- 130+institutions across 30 jurisdictions
- 250M+end-customers covered
Where AML software typically falls short
It shows up in four places. The same match on the same legitimate customer, back in the queue again. A rule the team knows fires too broadly but can't get changed. An auditor asking why a customer carries the score it does, and how it got there. And a payment on hold while another bank sits on your request for information, with the customer on the phone asking for an update.
How Salv's AML solutions make the difference
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Clear a false positive once, and once only
Good-listing remembers a cleared match on identifiers you choose, so the same alert doesn't arrive again tomorrow.
A clearance rule acts ahead of the team, closing alerts based on conditions you set.
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Tune screening and monitoring yourself
Fine-tune the fields that are screened, the lists, which customers and more. Get granular to reduce the noise and increase efficiency.
Every change you make can be tested on historical data first, before a real alert gets raised.
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Stop risky payments before they settle, not after
Catch suspicious activity while there's still time to act. Monitor payments, customers and counterparties using ready-made scenarios, or build your own as new typologies emerge.
Real-time checks answer inside the API response, so you can hold a payment before it leaves. Customers are re-screened several times a day as lists change, so you're never working from stale data.
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Customer risk that keeps up with your customers
Know each customer's risk as it is today, not as it was at onboarding. Scores update automatically when something changes.
When a customer's risk rises, stricter monitoring applies straight away, with no manual reassignment. Every change is logged with the old and new score, so you can show an auditor exactly how you got there.
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Clear sanctions matches with the bank that knows the answer
When only the other bank can resolve a name match, go straight to them instead of chasing your customer. If they're on Salv Bridge, you send a standard request by API and get the answer from the counterparty.
With Salv Screening, that answer is reused to clear the account's next payment, so you don't resolve the same match twice.
Choosing anti-money laundering software: what to ask
Why it matters
Whether the queue shrinks or repeats
How Salv answers
Good-listing remembers the answer; a clearance rule closes the repeat ahead of the team, from the library or one you write, and the automatically closed alert stays on the record
Why it matters
Detection only the vendor can change ages between releases
How Salv answers
Flows, thresholds, lists and segments are yours
Why it matters
An untested change is an unpredictable queue
How Salv answers
Any version runs against your own history, with no real alerts raised
Why it matters
A score that moves only at review is stale between them
How Salv answers
A transaction, an alert raised or changing status, a confirmed screening hit, or updated customer data
Why it matters
It is the question the supervisor asks
How Salv answers
The alert carries the scenario or the matched entry, and every status change carries a note
AML tools that work together
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ScreeningScreen customers and payments against sanctions, PEP and adverse-media lists, with matching you configure and lists Salv keeps current.
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MonitoringScenarios you can read, test on your own data and change yourself. Watch payments, customers and counterparties, for AML and fraud.
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Risk scoringCustomer risk rating on weighted rules built around your framework. Kept current as the facts change, feeding the monitoring and screening that act on it.
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Alert and case managementWhen an investigation grows, it becomes a case. Bring the related alerts, customers and payments together and work it from one place as a team.
AML software FAQs
Software a regulated institution uses to screen customers and payments against sanctions, PEP and adverse-media lists, monitor transactions for money-laundering patterns, keep each customer's risk rating current, and hold the record of why each decision was made.
They answer to different tests. AML is detect, report and evidence: a cost-of-compliance job judged by a supervisor. Fraud is prevent and protect: stopping the loss before the money moves. Both run on the same customers and the same payments.
Three things, continuously. It re-screens the customer several times a day as lists change and screens their payments in real time, monitors their transactions against the scenarios you have set, and re-scores their risk when a transaction, an alert, a confirmed hit or a data change says it should.