Mar.19, 2010, 09:39:30 EDT

Tonbeller, a provider of financial crime prevention solutions, has implemented its anti-money laundering solution SironAML at The Bank of Tokyo Mitsubishi UFJ offices outside of Japan.

According to the company, SironAML forms the backbone of The Bank of Tokyo Mitsubishi UFJ's (BTMU) strategy to fight anti-money laundering (AML), protect the organization from reputational damage and to comply with the national and international regulations.

Tonbeller's consultants developed and delivered the solution from project initiation to 'go-live' implementation for each of BTMU offices in Austria, Belgium, Czech Republic, France, Germany, Spain, The Netherlands and the UK.

Shoji Horie, senior manager of global compliance division at BTMU, said: "One of the main benefits of the AML from Tonbeller is a user-friendly interface for quick and easy generation or maintenance of research scenarios, which can be easily handled by the AML/compliance officers themselves. This helps BTMU to reduce false-positives without spending additional expenses for external consultancy in order to adjust the system."