Praesumo Account

Praesumo Account is our premier financial tracking system that monitors all financial flows within a country, with all transactions being analysed electronically, with suspicious transactions being pin pointed and documented. Praesumo Account will therefore manage the life cycle of suspicious transactions and any groups of people linked to suspicious transactions.

Apart from assisting any Financial Intelligence Unit and other law enforcement agents in their investigations, this information can also be used assist a country in complying with international anti-money laundering requirements.

Features

• Provides an electronic means of monitoring transactions as opposed to using manual processes.
• Enables full trace functionality as to source and destination of funds.
• Contributes to a countries compliance with anti-money laundering reporting requirements.
• Provides an audit trail of suspicious funds through management of the life cycle of such transactions.
• No additional requirements to banking community procedures and government departments.
• It is quick to implement.