FSS Wealth and Pensions

As a direct result of integrating SmartSearch, FSS Wealth and Pension were able to reduce the time spent on AML processes by an impressive 50%

{{ image_alt:iStock-636609180-1693493504.jpg }}
FSS Wealth and Pensions, a financial advice firm focusing on investment and retirement, sought an anti-money laundering (AML) solution that would streamline their processes, increase automation, and improve overall business efficiency while ensuring compliance. Under the Financial Conduct Authority (FCA), FSS Wealth and Pensions must ensure procedures are in place to mitigate the AML fraud risk.

By leveraging SmartSearch's individual AML check solution, FSS Wealth and Pensions were able to overcome the challenges of manual intervention, which enabled them to perform AML checks more efficiently. If a client failed a check, the real-time data allowed them to make additional checks within a much shorter time frame. There was no downtime chasing documents from clients or delaying processing of business.

We adopted intelligent office as our back-office system and the integration with SmartSearch was a natural fit. Previous systems had given us constant PEP and sanctions headaches but with SmartSearch’s ability to analyse more granular data and details it has saved us a huge amount of laborious and additional work

  • Finance

See how we changed many more businesses

See it in action

Let one of our highly-trained sales team demonstrate the multi-award winning SmartSearch AML product

Get a free demo
Sign up to our newsletter to receive news, resources and updates straight into your inbox!

By submitting your email address, you consent to us sending you emails about news, case studies, resources and updates. To find out more, visit our Privacy Policy.