KFintech, APMI launch anti-money laundering platform

KFin Technologies and the Association of Portfolio Managers in India (APMI) launched InPro, an intelligent anti- money laundering (AML) and compliance operations platform.

APMI has adopted InPro as the central AML compliance platform for its members, providing portfolio managers across the industry access to a common technology infrastructure for screening, reviewing and managing AML alerts.

Through InPro, APMI members can access a unified platform that brings together AML screening, continuous monitoring, case management and audit trails within a single operating environment.

The platform enables PMS providers to screen investor profiles against global sanctions lists, Indian debarment lists, PEP databases, regulatory watchlists and adverse media sources. Screening can be undertaken during onboarding and subsequently when key customer information or other relevant risk indicators change, according to a release.

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