Anti-Money Laundering

The Benefits:

Lower compliance costs enabled by "One stop shop"- Automated solutions from one partner, all with case management and audit trails;
Time gain- Less on-site time by regulators, less time for the annual review, less overhead due to work automation and less time for the arduos and daunting tasks of gathering, organizing and analyzing data;
Reduced regulatory and fiduciary risks because our system minimizes surprises and losses;
Competitive advantages in asset gathering and retention- Investors enjoy enhanced trust, comfort and confidence during due diligence efforts due to the independence of our system.

Anti-Money Laundering

FTT will scan the names on the OFAC and FinCen lists and others provided by governments and countries worldwide versus account registrations and report any matches immediately. Further, the system will flag and report unusual cash and trading activities in a portfolio, including exceptionally large transactions, material increases in a position, significant account value changes, and excessive trading patterns both in terms of frequency and size.

Additional Features of this module

Exceptions Resolutions Archiving and Tracking: All exceptions to guidelines are archived and aged by calendar until closed by the compliance user. This feature provides for both “notes to the file” capabilities as well as audit trails for internal or regulatory audit purposes, or both.

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