Banco do Brasil to roll out Gifts AML software across European branches
26 July 2005 | 2239 views | 0
Source: Gifts Software
GIFTS Software, a leading provider of anti-money laundering, funds transfer, and e-banking solutions, announced today that Banco do Brasil has selected its Anti-Money Laundering & OFAC/Sanction List Solution, GIFTSWEB EDD, for use by several of its European branches.
Comprised of five powerful modules: Subpoena/Inquiry Module, Transaction Profiler, Transaction Patterning, OFAC/Sanction List, and CIP, GIFTSWEB EDD is the solution to "Knowing Your Customer".
The GIFTSWEB EDD installation will be employed to monitor transactions for Banco do Brasil's London, Paris, Frankfurt, Milan, Madrid, Amsterdam, Lisbon & Vienna branches.