By Legal Futures’ Associate SearchFlow
SearchFlow – the UK’s leading provider of search solutions and legal reports – has released an enhanced version of its Anti-Money Laundering (AML) Dashboard within its online property search ordering platform. The updates are designed to provide property lawyers and conveyancing professionals with improved AML document management and enriched assessment functionality.
With AML risk management continuing to be a priority for law firms across the country, SearchFlow has incorporated a host of new features to make it easier for clients to efficiently manage their AML assessments.
This includes the ability for conveyancers to action any AML alerts from a single area of the dashboard, rather than within individual cases, meaning all AML assessments can now be viewed and actioned in one area of the platform.
It is also possible to quickly filter assessments so property lawyers can instantly see what is needed and determine which assessments are compliant or non-compliant at-a-glance. This enables the user to focus on the cases that require more attention, more quickly, based on the results of the assessment.
Tracy Burtwell, Sales Director, SearchFlow said: “The threat from money laundering is very real and so, to help make the AML assessment process even more efficient, we have introduced several new enhancements to our online ordering platform. Now, within the AML dashboard we’ve refreshed several document management tools as well as the overall assessment process, making it even more efficient for our customers in this importance area of compliance.”
SearchFlow provides a range of Anti-Money Laundering products to suit a range of requirements for property lawyers, including ID Check, Foreign National Search and an Anti-Money Laundering Report, which scrutinises an enhanced range of data sets to accurately validate identity, including access to the largest database of identity verified consented records in the UK, Consent ID.
This also includes identity document checks (including UK passport and driving licence), mortality records, full electoral roll, sanctions and enforcements, enhanced measures for local Politically Exposed Persons (PEP) (no longer limited to persons outside the UK), Births Index and Call ID (Money Laundering).