Anti-money laundering platform AMLYZE recently announced an integration of its platform and that of banking software provider Skaleet.
The integration is expected to enhance transaction monitoring and screening, risk scoring and case management, the companies said in a news release.
The equivalent of about $2 trillion is estimated to be laundered in a given year, according to the UN Office on Drugs and Crime. AMLYZE co-founder Jekaterina Govina said the new partnership allows the companies to combine their best attributes to help prevent global financial crime.
“For us, working with a well-established core banking platform like Skaleet is quite intuitive, as a lot of our work has to do with transaction processing,” she said in the news release. “To use an analogy, if Skaleet were a car, we would be the seatbelt, ABS and airbags.”