Alessa

Alessa is an integrated platform for AML compliance, transaction monitoring, sanctions screening and automated regulatory reporting. It was founded in 2012 and works in Canada, the United States, Europe, the Caribbean and Asia-Pacific.

Products - Real-time and periodic transaction monitoring; - Sanctions and PEP screening; - Automated regulatory reporting to FINTRAC, FinCEN and goAML.

Clients The company is particularly popular among Canadian money services businesses (MSBs) and casinos, according to the source. Report formats for several regulators are built in, which reduces manual work for compliance officers who file in more than one country.

Commercial model Enterprise SaaS.

Who it suits MSBs, payment companies, casinos and other regulated businesses that must file suspicious activity reports and keep an audit trail, especially in North America. Combining monitoring, screening and reporting in one product avoids stitching separate tools together. Detail on rule libraries, data sources for screening lists, hosting options and price should be requested from Alessa.