Dutch banking group ING is implementing anti-money laundering software from French vendor FircoSoft to detect high-risk customers across its global operations.
The OFAC-Agent Suite features a messaging filter which screens both incoming and outgoing messages for names of companies and persons matching blocked-parties list. The system can be used with international, governmental or corporate lists.
The software also supports an online filter which sends a Web query via an intranet to check whether any new customers appear on blocked-parties lists.
FircoSoft says the system will be centrally installed and will service all business units of the group.