OUR PHILOSOPHY
Our goal is to provide high quality and high utility AML/CFT supervisory software tools which aid clients in improving compliance against standards defined by the Financial Action Task Force.
FTS draws on first-hand supervision experience and from lessons learned advising supervisors in creating and implementing AML/CFT Risk Assessment processes to produce automated software tools which reduce the risk assessment burden for supervisors while providing strategic capabilities that can help make substantial improvements to effectiveness of risk-based approach supervision.
To complement the organic experience of FTS and FTA, the software designed is subject to external reviews to ensure broad and proper utility of the products for supervisors and to ensure high quality and security.
Appropriateness of Risk Model
For robustness of risk model and a maximum of on-point relevance for supervisors, FTS has specifically solicited external review of the software from experts in the field of AML/CFT supervision with relevant experience from such organizations as the
- International Monetary Fund
- World Bank
- United Nations Office on Drugs and Crime
- International Anti-Corruption Academy
- Organization for Security and Cooperation in Europe and
- Council of Europe.
FTS additionally monitors publications and critical reviews of risk models and case examples of competent authority AML/CFT supervision to eliminate gaps, shortfalls, errors, and difficulties of use and implementation to the maximum extent possible.
Quality and Security of Software
FTS engages prominent software consultants to perform external peer reviews of quality of programming and security of software design to ensure that software developed is reliable, scalable, and secure.
Our mission
Assist AML/CFT supervisors globally to enhance their effectiveness and efficiency by empowering the risk-based approach to supervision with technology.
OUR PHILOSOPHY
Our goal is to provide high quality and high utility AML/CFT supervisory software tools which aid clients in improving compliance against standards defined by the Financial Action Task Force.
FTS draws on first-hand supervision experience and from lessons learned advising supervisors in creating and implementing AML/CFT Risk Assessment processes to produce automated software tools which reduce the risk assessment burden for supervisors while providing strategic capabilities that can help make substantial improvements to effectiveness of risk-based approach supervision.
To complement the organic experience of FTS and FTA, the software designed is subject to external reviews to ensure broad and proper utility of the products for supervisors and to ensure high quality and security.
Appropriateness of Risk Model
For robustness of risk model and a maximum of on-point relevance for supervisors, FTS has specifically solicited external review of the software from experts in the field of AML/CFT supervision with relevant experience from such organizations as the
- International Monetary Fund
- World Bank
- United Nations Office on Drugs and Crime
- International Anti-Corruption Academy
- Organization for Security and Cooperation in Europe and
- Council of Europe.
FTS additionally monitors publications and critical reviews of risk models and case examples of competent authority AML/CFT supervision to eliminate gaps, shortfalls, errors, and difficulties of use and implementation to the maximum extent possible.
Quality and Security of Software
FTS engages prominent software consultants to perform external peer reviews of quality of programming and security of software design to ensure that software developed is reliable, scalable, and secure.
Our mission
Assist AML/CFT supervisors globally to enhance their effectiveness and efficiency by empowering the risk-based approach to supervision with technology.