Adhere by Smartcomply, a pioneer in automated and AI-powered regulatory compliance and cybersecurity solutions, is proud to unveil its latest product , designed to not only redefine Anti-Money Laundering (AML), Counter Financing of Terrorism (CFT), Fraud detection, and KYC compliance for businesses worldwide, but as well help organisations comply with statutory and regulatory obligations
The new product represents a significant advancement in compliance technology, offering comprehensive solutions to address the challenges of financial crime and regulatory compliance. It also helps businesses to be able to track the obligations to their businesses not only in the aspect of cybersecurity which smartcomply speaks to. Adhere, which is another form of automated compliance solution speaks to this. This is borne out of the incessant request to market need on business compliance
Key features of Adhere:
1. Real-Time AML Detection: Adhere’s advanced AML detection capabilities leverage real-time data analytics and machine learning to identify and mitigate money laundering risks instantly. Monitoring transactions and customer behaviours, Adhere helps businesses detect suspicious activities and comply with AML regulations more effectively.
2. Proactive CFT Prevention: Adhere’s enhanced CFT monitoring features enable businesses to proactively prevent the financing of terrorism by analysing transactional data and identifying potential links to terrorist activities. With automated alerts and risk assessments, Adhere helps organisations mitigate the risks associated with terrorist financing.
3. Efficient Fraud Detection: The new fraud detection automation streamlines the monitoring process, enabling businesses to identify and respond to fraudulent activities efficiently. Adhere detects suspicious behaviour, assesses risk levels, and ensures compliance with fraud detection requirements, reducing manual effort and improving operational efficiency.
4. Flexible Compliance Solutions: Adhere offers flexible compliance solutions tailored to the unique needs of each business. Whether it’s adapting to regulatory changes, scaling operations, or addressing industry-specific requirements.
Valerie Azubuike, COO, Smartcomply, stated, “We are excited to introduce these innovative products that empower businesses to achieve robust AML, CFT, Fraud Detection and KYC compliance. Our goal is to provide solutions that not only meet regulatory requirements but also enhance operational efficiency and risk management.”
Titilope Rotimi, Financial Crimes Specialist, believes “Adhere streamlines compliance for businesses and empowering professionals to fulfil regulatory requirements, proactively manage compliance risks, and obtain assurance of compliance efforts. With Adhere, compliance teams can automate tasks, and identify risks of non-compliance within their compliance programs, thereby freeing up valuable resources to focus on strategic initiatives.”
The launch of Adhere is a proof of Smartcomply’s commitment to delivering automated and AI-powered compliance and cybersecurity solutions that enable businesses to thrive in the regulatory world.
For more information about Adhere by Smartcomply and its comprehensive compliance features, visit https://adhere.smartcomply.com/
Book an instant demo: https://adhere.smartcomply.com/demo
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Written by:
Ayeni Dolapo
Head of Communications & Media
