IRIS Elements
Anti-Money Laundering (AML)

A cloud-based solution enabling your compliance with the latest AML regulations through efficient online checks, providing the security your practice needs to onboard new clients with confidence.

 

IRIS Elements AML is a cloud based solution supporting your business’ needs to comply with AML regulations, onboard new clients and improve productivity.

Our AML application drastically reduces time-consuming processes with efficient online data checks, providing the security your practice needs to onboard new clients with confidence.

AML Dashboard

  • Personalise your own home page to see the information that is important to you.
  • Get alerts and reminders about your work and manage your day effectively using our flexible and configurable dashboard widgets:
    • Suspicious activity reports
    • Know your customer (KYC) assessments
    • Risk assessments
    • ID checks
    • Risk profiles

Suspicious Activity Report (SARs)

  • IRIS Elements AML software makes it easy for you to alert your Money Laundering Reporting Officer (MLRO) to any suspicious activity.
  • It captures all the details and supporting evidence required to create a Suspicious Activity Report (SAR).

Know Your Client (KYC) checklist

  • Use our default KYC questions which cover all types of clients or create your own checklists.
  • View completed KYC assessments from the dashboard or directly in the client record.

Risk Assessment

  • Complete a firm-wide risk assessment annually for your business to identify key risk indicators.
  • IRIS Elements AML allows you to create and customise your own templates to suit your business and how you work with your clients.

Bulk ID Checks

  • Run an individual ID check at the click of a button. Or, run multiple ID checks in the background while you work. It’s that easy.
  • You can quickly set your filters based upon when the ID check is due to expire, the type of entity (prospect, client, contact) and the risk rating of the previous ID check.
  • Monitor the cost of ID checks before you submit, so you can budget accordingly.

Secure ID document storage

  • Upload and keep copies of client ID documents for easy access and organisation.
  • All uploaded documents are scanned for viruses and malware for security and peace of mind.

Notifications

  • IRIS Elements will notify you when action has been taken on key events that you’re interested in.
  • For example, if a Suspicious Activity Report has been raised and requires review, the MLRO is notified and can take the necessary action.

Contact Us

Curious to find out more? Have questions you need answers to? Get in touch with us now.

Why choose IRIS Elements AML?

Save time

Run Bulk ID checks in the background while you work.

Personalise

Personalise your AML dashboard to suit your work priorities.

Ready to go

Our out-of-the box KYC questions get you started quickly allowing you to spend time on the questions you need to suit your business.

Simple

We make it easy for you to alert your MLRO combining all the supporting evidence to create your SAR report.

Customer Stories

R Vann Limited

Lucy Vann-Patrick

“Elements is such an easy system to use the ID checks are quick and easy to use. Using both ID checks and risk assessments, you can make an informed decision on the client’s risk. Everything is self-explanatory and user friendly. The elements team are very friendly and quick at responding if I have any queries.”

Join our community

Help design the future of  IRIS Elements. 

Get involved in our regular user testing sessions, working with our user experience team to define and build the future of IRIS Elements.

For information on how we manage your data, please view our privacy policy.