GECO® - Objective Communications Management

Anti-money laundering objective communications

The “Instructions for the transmission of objective communications” issued by the Financial Intelligence Unit of Italy entered into effect on 28th March 2019.

Cedacri Group, a leader in AML CFT systems, developed a complete IT solution for the management of all requirements set out by the provision, which allows end-to-end management of the entire process of reporting objective communications to be sent to the FIU, in particular:

  • controlled acquisition of data flows from company systems, with verification of the quality of the selected data through specialised diagnostics;
  • search, insertion, modification and cancellation of transactions of interest, via web interface, usable in centralised or distributed mode;
  • production of flows to be sent to the FIU (objective communications) and where necessary, of replacement flows;
  • generation of data to be imported in the GIANOS® to allow assessments of the suspicious nature of operations and cases in which the obligation to report can be excluded.