Everything your accounting firm needs to be 100% AML-compliant.
Bring together all the key components of your AML compliance into one easy-to-use AML software. Say goodbye to unclear AML compliance management with a consistent way to organise your AML compliance.
Until now, accounting firms have lacked an easy-to-use, all-in-one AML software to master AML management and be 100% compliant
From client onboarding and ongoing monitoring to your critical risk assessment documentation for your firm and clients, we’ve got your accounting firm covered with all the tools you need to be AML compliant.
AML compliance is something that you have to do as an accounting firm, so why make it any more complex or difficult than it needs to be? We’ve distilled the legislation and your AML obligations down into an easy-to-understand AML compliance software and built our product around a clearer model of compliance that helps you hit your AML requirements whilst allowing you to take control and know exactly where your gaps might be.
Our complete AML software is designed to guide you and your team with your AML processes and give you clarity that you’re doing things right. Firmcheck is a simple and intuitive tool to ensure that meeting your AML obligations is streamlined, scalable, and easy to understand so that as a Money Laundering Reporting Officer (MLRO), you can have confidence in your compliance.
Managing AML compliance in multiple disconnected systems is confusing, challenging and inefficient. At worst, it exposes you to a higher risk of non-compliance. Firmcheck brings together everything you need to achieve compliance into one system. Keeping everything in one place makes auditing and reporting easier, and if you ever need to look into why or who made certain risk decisions about specific clients, you’ll have a clear and documented track record.
Firmcheck gives you the tools you need to be AML compliant without the inefficiency
Manage Your Firm-Wide Risk
Using the information from your client risk assessments, you can easily create and store a complete firm-wide risk assessment in Firmcheck. Assessing firm-wide risk isn’t a one-time exercise; through Firmcheck, you can easily update and change your firm-wide risk assessment as your client base evolves and keep a track record of all changes so your records are always audit-ready.
Carry Out Client Risk Assessments
A critical part of a risk-based approach to AML is carrying out customer due diligence, of which risk assessments are a key foundation. As part of our intuitive AML software, it’s simple to document your client risk assessments. We offer built-in risk assessment templates from a number of professional supervisory bodies, and we also offer you the flexibility to build and customise risk assessments to suit your firm needs and different client types.
Document Your Policies, Controls & Procedures
Your Policies, Controls & Procedures document is where your firm's AML processes are documented – use our template to build your document, or store your existing one in our system so all your AML documentation is in one place. When changes are made, Firmcheck keeps an audit trail so you can demonstrate version control when you are required to.
Ongoing Monitoring
Your AML obligations don’t just stop at onboarding – a critical part of maintaining AML compliance is through constantly assessing risk. With Firmcheck, managing ongoing AML reviews is simple, and you’ll always be able to see previous risk assessments and have a clear track record of who made those decisions. Monitoring for higher-risk clients is less time-intensive and more automated with the ability to continuously monitor for PEPs, Sanctions and Adverse Media on the clients you choose.
Carrying Out AML Checks
Easily identify, verify and discover potential risks with our range of AML checks. From within Firmcheck, you can run basic ID and address verification checks or more in-depth Biometric ID checks. Along with this, you can run PEP checks, screen for Sanctions, or check for any Adverse Media. Best of all, you only pay for what you need when it comes to checks; we won’t make you buy bundles or credits.
Staying On Top Of Your AML Training
Firmcheck provides free AML training to you and your firm so you can meet your AML training requirements. Our online education is broken down into small bite-sized chunks so you can pick and choose what’s most relevant and important to you. We regularly update and add new content that is in line with evolving AML legislation.
How Firmcheck helps you be better without compromising on your legal AML obligations
Why do things the old way and risk not being 100% compliant?
Firmcheck
- Hard to manage AML compliance, and little confidence in being AML compliant
- Multiple disconnected systems
- Different technologies for running different checks
- On your own with no support or expert guidance
Firmcheck
- A clear view of AML compliance and the tools to be compliant
- No more spreadsheets or siloed cloud storage – everything you need to manage and document your AML in one system
- Run all the checks you need to from within Firmcheck to support your KYC, and due diligence processes
- Audit-friendly records, with clear accountability on decision-making
- Best-in-class customer success and collaboration with industry experts who are motivated to take the pain out of compliance and get you compliant
We’ve got your end-to-end compliance journey covered
Stay on top of your AML compliance. Reviewing and updating existing risk assessments can be done in just a few steps. At the same time, automate the monitoring PEPs, Sanctions and Adverse Media across the clients you choose.
Easily build a picture of your clients and document all your KYC in one place. Capture key director information using our Companies House connection, and execute ID, and address verification checks from within Firmcheck, which offer a seamless client experience.
Manage and document your risk consistently. Follow our built-in risk assessments to ensure you’re meeting your professional supervisory body requirements for clients, and create and document your firm-wide risk assessment alongside your other key AML documents in Firmcheck ,too.
Learn with our free resources to build your AML knowledge
Check out our AML training, get a quick check on how compliant you are, or read the Firmcheck blog to learn more about everything AML compliance-related.
Explore our online AML training, which covers a range of practical topics to improve your AML compliance know-how.
Unsure if you’ve got the key AML foundations in place? Our AML health checks quickly give you insight into where you could be doing more.
Top tips and guidance on all things AML compliance and technology to support your journey towards becoming an AML expert.
Ready to take control of AML compliance at your firm?
Protect your firm, and build a systemised, 100% compliant AML process so you can sleep better at night