The fighting against Money Laundering has now taken an additional dimension all over the world. Not only should you consider the detection of parties member of criminal organizations, such as Terrorism, Money Laundering, Fraud, as found on several lists published internationally, nationally and locally, but you have now also to detect suspicious activities by analyzing patterns of transactions.

The cost of implementing all these functions in an automated system may reach large amounts that will not be recoverable on increased business or fees. Companies are merely covering the insurance that their participation to these activities will not put them in trouble.

Before being confronted with the AML problem, PLACID's Carat system was already built with many features, very helpful, to create specialized modules for Anit Money Laundering actions. Today SWALLOW-PLACID SA is pleased to present CaratAML, its new AML solution that encompasses many aspects of the problem, is based on a well-proven solution and is launched in a very attracting licensing fee. 

CaratAML has the ability to filter SWIFT messages either in SWIFT Alliance Server or in line with any SWIFT Interface or in SWIFT Archives. 

A version of the module can be integrated to other programs functining as real time or interactive query. 

CaratAML has the ability to filter other information and to process apart of the AML lists any internal or custom list. 

CaratAML is available as a module of the PLACID's Carat system and from May 2005 as an independent  application.

More information can be found at the link www.cubeiq.gr\......\swift_aml_1.htm