Alessa is a software company. Alessa offers 3 products: AML Compliance, Fraud Management, False Positive Analyzer and Reduction Tool.
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Alessa
Alessa provides a comprehensive solution for Compliance professionals, focusing on Anti-Money Laundering (AML) compliance and fraud management. Their platform helps organizations reduce risks, streamline compliance processes, and ensure adherence to regulatory requirements while automating reporting functions.
Alessa provides a comprehensive solution for Compliance professionals, focusing on Anti-Money Laundering (AML) compliance and fraud management. Their platform helps organizations reduce risks, streamline compliance processes, and ensure adherence to regulatory requirements while automating reporting functions.
What They Do
Provide AML compliance and fraud management software solutions to various industries.
Who They Serve
Banks, credit unions, fintech companies, casinos and gaming, lending and financing organizations, money service businesses (MSBs), cryptocurrency firms, insurance companies, payments companies, and non-financial organizations.
Alessa offers a singular AML compliance platform designed to provide a 360-degree view of client risk and manage compliance efficiently. It combines technology with a dedicated support team to help customers meet or exceed regulatory obligations, making it easier to manage risks associated with financial transactions.
Testimonials
"The product is remarkably easy to use. Effortless. Great tool. I haven’t encountered a feature I dislike yet. Managed with great ease."
Alicia Z. - AVP AML Compliance, Regional bank
"Alessa will play an important role in helping us deliver efficient payments services to our clients while ensuring we remain compliant with the evolving global regulatory landscape and industry best practices."
Andy G. - Risk, Legal & Compliance Director, Payment firm
"After extensive research we found that Alessa was the solution that would allow us to select the functionality that we needed while still meeting or exceeding our extensive AML/CFT and technical requirements."
Jonathan R. - Senior Compliance Director, Regional bank
"We needed a reliable, flexible and comprehensive solution. Our decision to select Alessa was based on extensive research, and we found that it was the only AML solution that would enable us to meet our digital advancement, efficiency and automation needs to innovate and best serve our clients and community."
Margaret G. - Senior Vice President, Correspondent bank
Products & Offerings
Detailed information about Alessa's products and services. Each offering is enriched with AI-powered insights to help you understand capabilities, features, and use cases.
Alessa AML Compliance is a software solution designed to help organizations fight financial crime by automating and streamlining AML compliance processes. The platform provides tools for identifying suspicious activities, managing risk, and ensuring regulatory compliance through a suite of integrated modules and ongoing expert support.
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Product Overview
Alessa is an anti-money laundering (AML) compliance platform that allows for the quick identification of suspicious activities and high-risk entities through automation, integration, powerful technology and ongoing support from our team of experts. This enables you to make informed decisions, comply with regulations and protect your organization’s revenue and reputation.
Detailed Description
Alessa AML Compliance is a software solution designed to help organizations fight financial crime by automating and streamlining AML compliance processes. The platform provides tools for identifying suspicious activities, managing risk, and ensuring regulatory compliance through a suite of integrated modules and ongoing expert support.
Key Features
Real-time or batch transaction monitoring
Customizable risk scoring and screening
Configurable investigation workflow and case management
Alessa is an anti-money laundering (AML) compliance platform that allows for the quick identification of suspicious activities and high-risk entities through automation, integration, powerful technology and ongoing support from our team of experts.
Alessa's Fraud Management offering is designed to protect businesses from fraud by providing real-time monitoring and analytics across multiple business functions. It helps organizations analyze data from any source, detect suspicious activities, and gain insights into business processes to reduce risk and losses.
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Product Overview
Alessa's Fraud Management Solutions provide continuous, real-time monitoring of customer, employee, and vendor activities to reduce risk and losses from fraud, theft, and misuse. The solution leverages advanced analytics to detect anomalies, process breakdowns, and fraudulent activities across various business processes.
Detailed Description
Alessa's Fraud Management offering is designed to protect businesses from fraud by providing real-time monitoring and analytics across multiple business functions. It helps organizations analyze data from any source, detect suspicious activities, and gain insights into business processes to reduce risk and losses.
Key Features
Data analysis from any source
Advanced analytics to detect anomalies and fraud
Real-time and periodic monitoring options
Identity verification and sanctions/watchlist/PEP screening
Risk scoring for transactions
Monitoring of procurement, payroll, accounts receivable/payable, insurance claims, and more
Automated process monitoring and analysis
Integration APIs for onboarding and verification
Key Benefits
Continuous real-time monitoring of transactions and activities
Advanced analytics for anomaly and fraud detection
Comprehensive insights into business processes
Protection against bribery, corruption, and illicit activities
Screening of transactions and entities to ensure compliance with policies
Alessa offers several modules for fraud management, including Account Takeover Fraud Prevention, Continuous Controls Monitoring, and Procurement Monitoring.
Fraud Management: Real-time view of activities to reduce risk and losses
Account Takeover Fraud Prevention: Safeguard customer accounts and company reputation
Continuous Controls Monitoring: Automates process monitoring and analysis to flag suspicious activities
Procurement Monitoring: Detect misuse, abuse, and fraud in procurement
Why Choose Alessa's Fraud Management Solutions
Alessa provides real-time protection, identity verification, and advanced analytics to help organizations detect and prevent fraud.
Real-time transaction monitoring and risk scoring
Identity verification and sanctions/watchlist/PEP screening
Advanced analytics for uncovering suspicious activities and patterns
Protection for finance functions (payroll, accounts payable/receivable)
Customer Due Diligence (CDD)
Alessa's AML compliance software includes APIs for integration with onboarding systems to verify identities and search sanctions, PEPs, OFAC, and proprietary lists in real time. Real-time risk intelligence during onboarding is critical to protecting your business.
Full identification of customer and business entities
Development of transactional activity profiles
Definition and acceptance of customer in context of products/services
Assessment and grading of risks
Account and transaction monitoring
Investigation of unusual activity
Documentation of findings
Periodic risk-based monitoring of customer relationships
Enhanced due diligence includes additional measures for higher risk customers. Alessa allows automatic ordering of EDD reports from Refinitiv directly from the platform.
Comply with AML regulations
Engage with new suppliers
Vet parties in mergers/acquisitions
Meet anti-bribery and anti-corruption obligations
Obtain detailed background information from Refinitiv
Industries We Serve
Alessa's Fraud Management solution serves a wide range of industries including banking, credit unions, casinos/gaming, lending/financing, fintech/crypto, MSBs, payments, corporate, insurance, consulting, government, retail, and more.
