London, UK; 13 August: First AML, the anti-money laundering (AML) scaleup, today announced its integration with 3E®, the first cloud-native software as a service financial management and business operations solution for law firms, from Elite.
Utilised to connect all critical areas of law firm operations, 3E provides a highly configurable platform with industry-leading security, advanced analytics, and consistent mobility for its users. Similarly, First AML empowers organisations to conduct AML, KYC and KYB processes via the platform solution Source, which streamlines the anti-money laundering onboarding and compliance process.
Having launched Source in 2023, the integration with 3E will grant law firms access to simplified workflows, reusable client data, automated screening and all-in-one onboarding questionnaires in one place. Comprehensive screening is available at the press of a button, while compliance is consistent regardless of legislative changes or staff turnover.
Bion Behdin, Founder and Chief Revenue Officer at First AML, commented: “With compliance and regulations becoming increasingly intricate, law firms are feeling growing pressure to keep one step ahead. This integration with 3E will relieve much of that burden, as organisations will have their anti-money laundering processes streamlined and secure at every point.”
James Bible, Sales Director - APAC of Elite, added: “At Elite, we are focused on providing innovative solutions to better support our customers’ evolving needs, particularly when it comes to optimising resources, streamlining processes and bolstering security. With First AML sharing a similar customer ethos, we’re excited to announce the integration of 3E to boost productivity and deliver greater efficiency.”
About First AML
First AML simplifies the entire anti-money laundering onboarding and compliance process. Its SaaS platform, Source, stands out as a leading solution for organisations with complex or international onboarding needs. It provides streamlined collaboration and ensures uniformity in all AML practices.
First AML transforms an otherwise complex and manual process into one that is simple, cost-effective, and compliant for businesses. By delivering efficiency and time savings, it protects reputations and enables companies to stay on the right side of history in the face of global threats.
Keen to find out more? Book a demo today! No time for a long demo? No problem. See what Source by First AML can do for your business in 2 minutes – watch the short demo here.