Anti-money laundering module helps accelerate compliance and onboarding process
LONDON–(BUSINESS WIRE)–Wolters Kluwer Tax & Accounting (TAA) U.K. has released an anti-money laundering module (AML) within 
“We realize that compliance with AML and know-your-customer [KYC] requirements is vital for accounting firms, especially in light of continually shifting regulations. CCH iFirm AML helps to transform the way companies manage their AML duties, helping them mitigate the risks associated with poor AML and KYC practices,” said Natasha Chryssafi, Director of Product Management, Wolters Kluwer TAA U.K.
As a cloud-based solution CCH iFirm AML provides accounting practices with the flexibility to manage AML compliance from anywhere at any time. In addition, it will offer biometric KYC – using facial recognition to identify and authenticate individuals. This will remove the need to scan and email documents and check photos, helping to ensure secure and efficient identity verification, alongside a standard AML check.
Given the importance of having the highest quality data for checking purposes, CCH iFirm AML has access to leading credit bureaus and governmental data sets. The accuracy, completeness, timeliness, consistency and relevance of data is fundamental to detecting, preventing, and reporting potential money laundering activities effectively.
For more information on CCH iFirm AML, please visit our website.
Interview Opportunities:
- Natasha Chryssafi, Product Director, Wolters Kluwer TAA U.K.
- Ben Cunliffe, Senior Product Manager, Wolters Kluwer TAA U.K.
To request interviews, please contact Joe Marsh, Manager (Europe), External Communications, Wolters Kluwer TAA, at [email protected].
About Wolters Kluwer
Wolters Kluwer (EURONEXT: WKL) is a global leader in information, software solutions and services for professionals in healthcare; tax and accounting; financial and corporate compliance; legal and regulatory; corporate performance and ESG. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with technology and services.
Wolters Kluwer reported 2023 annual revenues of €5.6 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 21,400 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands.
For more information, visit www.wolterskluwer.com and follow us on LinkedIn, Facebook, YouTube and Instagram.
PLEASE NOTE: The content of this media alert is designed to provide accurate and authoritative information regarding the subject matter covered. The information is provided with the understanding that Wolters Kluwer TAA is not engaged in rendering legal, accounting or other professional services.
Contacts
Joe Marsh
Manager (Europe), External Communications
Tax & Accounting
Wolters Kluwer
Office: +44 7855 185971
[email protected]
Shannon Wherry
Associate Director, External Communications
Tax & Accounting
Wolters Kluwer
Office: +1 972-209-2767
[email protected]
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