AML Software for Banks & Traditional Finance
Compliance for Legacy Institutions
Diliguard provides AML software for banks to identify and manage financial crime compliance. The proprietary intelligence engine integrates with existing banking infrastructure to process high-volume checks, analyzing corporate structures and transaction histories with exact precision.
The Challenge of Financial Crime Compliance
Financial institutions face compliance bottlenecks that slow down corporate onboarding. False positives consume analyst hours, and fraud networks use synthetic identities and complex offshore shell companies to bypass standard registry checks, exposing the institution to massive regulatory fines.
Diliguard’s Application for Banks
1. Reducing False Positives in AML
AML Compliance Software & PEP Screening screens counterparties against OFAC, EU consolidated, and UN Security Council sanctions lists, plus PEP and Interpol records, in a single pass. Advanced entity resolution compares match scores, birth dates, and nationality to separate name collisions from genuine matches, cutting false-positive workloads.
2. Automated KYC Onboarding and KYB
Corporate KYB & Global Registry Checks pulls data directly from international registries. The system maps ultimate beneficial owners automatically for companies registered in the UK and the 27 EU member states, unwinding layered corporate ownership structures across borders so automated onboarding can proceed for complex corporate clients.
3. Fiat and Crypto Visibility
Client interactions with digital assets create new compliance requirements. Crypto & Digital Asset Investigation checks wallet addresses against sanctioned-entity and illicit-activity databases, and reports balance and transaction counts to assess wallet risk. The engine bridges the gap between fiat banking and blockchain ledgers to provide complete visibility into digital asset movements.
4. Executive Diligence
During institutional mergers or high-net-worth onboarding, Executive Person Trace identifies undisclosed affiliations. The system scans court records, bankruptcy filings, and private corporate directorships to verify the legal history of key personnel.
Frequently Asked Questions
How does Diliguard reduce false positives in sanctions screening?
The sanctions scan compares each match by score, birth date, and nationality instead of relying on name-string matching alone. Analysts review only near-exact matches, so name collisions that a simple algorithm would flag are filtered out automatically.
Does Diliguard replace the bank’s existing AML stack?
No. Diliguard integrates with existing banking infrastructure through its API and the portal. The platform handles the entity resolution, registry, and screening layers that slow manual workflows, while the bank keeps its existing transaction monitoring systems.
Can Diliguard screen crypto wallets as part of a bank’s compliance workflow?
Yes. Crypto & Digital Asset Investigation checks wallet addresses against sanctioned-entity and illicit-activity databases and reports balance and transaction counts. The results attach to the same case file as fiat-side checks.
How fast is corporate client onboarding with automated KYB?
Corporate KYB & Global Registry Checks pulls live registry data and maps ownership hierarchies automatically, so valid corporate clients move through onboarding without manual review. Only entities with discrepancies or watchlist hits are routed to an analyst.
A Day in the Life: The Compliance Director
Scenario: Onboarding a corporate client with subsidiaries in multiple high-risk jurisdictions.
- Initial Scan: The compliance team queries the parent company through Diliguard’s API.
- Deep Trace: The system runs an Executive Person Trace on the acting director due to a registry discrepancy.
- Network Mapping: Diliguard shows the director shares a registered address and a previous co-directorship with a sanctioned entity.
- Resolution: The team halts the onboarding process and files the supporting evidence.