Phoebus Software Limited (PSL) has added Jade ThirdEye to its strategic partner programme to offer its clients an anti-money laundering (AML) and financial crime solution.
Jade ThirdEye is a secure Software as a Service (SaaS) cloud-based system which provides automated transaction monitoring for AML and counter-terrorist financing.
PSL’s clients can use Jade ThirdEye to customise their customer screening and transaction monitoring rules in line with their risk profile allowing them to identify suspicious transactions, accounts and behaviour. It also creates a full audit trail of all activity in the system for compliance reporting.
Adam Oldfield, chief growth officer at PSL, said: “Building our strategic partner programme enables our clients to tap into a range of services and Jade ThirdEye is a very welcome addition.
“AML is such a vital part of financial services and manual checking just can’t cope with the vast and sophisticated money laundering that happens in today’s society. Jade ThirdEye can provide our clients with a flexible and modular AML solution built to suit their own requirements.”
Claire Rees, client manager at Jade ThirdEye, commented: “PSL is an innovative technology company that is always looking for ways to make its clients’ journey more efficient, which is something we have in common.
“We have over a decade of experience in delivering AML solutions. We currently support 160+ reporting entities in multiple sectors around the globe and are excited to be working with PSL and their clients to help them confidently meet their compliance obligations, ensure operational efficiency and protect communities.”