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SONABS · Regulatory AFC Implementation

Are you looking for AML-CTF, KYC-CDD and Screening solutions? Do you want to reduce false positives, tune your applications and improve workflows? Do you need to make your policies and procedures audit-proof and close findings?

This is the right place for you!

Risk analysis automation and AFC rules improvement.

MLRO: AFC scenario and data quality tests (EBA, AMLD Guidelines and DORA)*

Our AFC Rules and Data Processing Testing Solution enables you to conduct a timely, comprehensive, and audit-proof assessment of your AML-CFT, KYC-CDD and Screening environments, end-to-end!

Ensure that your AFC systems, interfaces, and data processing functions operate effectively and comply with both regulatory and institution-specific quality requirements to provide reliable results for your audits. We also support you to develop and implement efficient measures, to tune solutions and to update your control plans and documentation.

Learn more about our Testing Package today, spend less and avoid audit findings.

*) E.g. EBA/GL/2019/02, EBA ML/TF Guidelines, DORA, but also BaFin AUA BT 6.2.3 requirements in Germany. Read more here: www.sonabs.de

Reduce AFC costs with the most efficient end-to-end solution for mid-sized banks!

We know all about your regulatory needs and budget limitations. That’s why we’ve developed the most effective and efficient solution for Transaction, Sanctions and PEP Screening, AML-CFT, and KYC-CDD.

We’ve combined our knowledge from more than 150 solution implementations, deep AML regulatory expertise, and cutting-edge technology into one complete package: a single end-to-end application, regulatory support, and full implementation. A solution for mid-sized banks and insurance companies which reduces AFC expenses up to 50%.

Find out more or book a demo. Just send us a short and informal message.

We make it easy for you if you have many tasks, little staff and hardly any time or budget. Don’t waste your time with unnecessary work and challenge our knowledge and operational experience based on successful projects:

Risk assessment, implementation of red-flags and controls
Write and update policies, procedures and processes
Operational support during internal and external audits

Compliance

False positives reduction and solution tuning
End-to-end data quality improvements, report automation
Implementation and migration of AFC applications

Operations

Risk profile and hit patterns simulation to improve fuzzy matching methods and scenario configurations
Risk assessment and report automation
Solution comparison and RFI/RFP

Applications

"We are very satisfied! You have developed not only excellent solutions, but you also did truly outstanding work." (Foreign Bank)

"Very, very good performance! We’ve solved a huge issue!“

(German Bank)

"We are very happy with your work! You have not only developed excellent solutions, but have done a really good job."
(Foreign bank)

About us

SONABS is one of the few specialized consulting and IT service providers with proven extensive experience in defining and implementing compliance solutions. We have carried out more than 150 implementations of the most renowned solutions and possess the broadest AFC knowledge and hands-on experience in the financial industry.

We provide you with an individual set of services, including regulatory gap and risk assessments, requirements engineering, data requirements, report automation, solution tuning and implement control frameworks,. Of course, including audit proof documentation.

Talk to us. We provide you with fast results, support you in implementing pragmatic solutions, and help you make the best decisions.