Trade-Based Money Laundering

Automate transaction monitoring of Trade-Based Money Laundering (TBML) based on industry standard red flags

What's Involved?

The rapid growth in the global economy has made international trade an increasingly attractive avenue to move illicit funds through financial transactions associated with the trade in goods and services. According to the International Narcotics Control Strategy Report (INCSR) hundreds of billions of dollars are laundered annually by way of Trade-Based Money Laundering (TBML). TBML transactions have gained the attention of regulators, who are increasingly citing these illicit activities, in warnings they issue to global financial institutions.

Automate transaction monitoring of Trade-Based Money Laundering (TBML) based on industry standard red flags

What's Involved?

The rapid growth in the global economy has made international trade an increasingly attractive avenue to move illicit funds through financial transactions associated with the trade in goods and services. According to the International Narcotics Control Strategy Report (INCSR), hundreds of billions of dollars are laundered annually by way of Trade-Based Money Laundering (TBML). TBML transactions have gained the attention of regulators, who are increasingly citing these illicit activities, in warnings they issue to global financial institutions.

Automate transaction monitoring of Trade-Based Money Laundering (TBML) based on industry standard red flags

What's Involved?

The rapid growth in the global economy has made international trade an increasingly attractive avenue to move illicit funds through financial transactions associated with the trade in goods and services. According to the International Narcotics Control Strategy Report (INCSR), hundreds of billions of dollars are laundered annually by way of Trade-Based Money Laundering (TBML). TBML transactions have gained the attention of regulators, who are increasingly citing these illicit activities, in warnings they issue to global financial institutions.

The Process

illustration of the process

The Process

illustration of the process

The Process

illustration of the process

What We Can Do

illustration of the key performance indices

What We Can Do

illustration of the key performance indices

What We Can Do

illustration of the key performance indices

How Do You Benefit?

  • Encode common red flags for automatic generation of alerts
  • Perform an efficient and effective investigation of those alerts
  • Discover hidden elements in the transaction that investigators might otherwise miss
  • Check for reasonableness of transaction between importers and exporters
  • Seamlessly encode new rules into the system without dependency on the IT team