Banque Carnegie Luxembourg, a private bank focused on international asset management, uses uComply to screen customers and entities against sanctions and Politically Exposed Persons (PEPs) lists as part of their Know Your Customer (KYC) due diligence.

uComply provides a cost-effective service designed for SME financial sector professionals requested to comply with AML & KYC obligations. It automates the filtering process, facilitates the entire filtering workflow, and provides up-to-date PEPs and sanctions list information to ensure full regulatory control.

"Deloitte provides a very cost-effective solution to automatically screen our existing customers and filter new customers during the on-boarding process, thereby mitigating the risk of doing business with high-risk counterparties," says Danilo Linosa, General Manager - Compliance and Risk Manager at Banque Carnegie Luxembourg. "This solution uses accurate and comprehensive sanctions lists and relevant, risk-focused PEPs information from Dow Jones Risk & Compliance and is combined with the powerful FircoSoft filtering engine enabling high-quality advanced screening capability. The uComply solution was implemented in only a few days allowing us to save time, which demonstrates the ease of installation of this solution."

"We are very pleased to help Banque Carnegie Luxembourg remain compliant with the latest AML/KYC obligations through uComply, a complete, flexible and affordable solution very popular amongst tier 3 financial institutions," says Christophe Destephen, Regional Alliances Manager at FircoSoft. "We are delighted to add Banque Carnegie Luxembourg to our growing number of uComply customers throughout Europe."