Vneuron Risk & Compliance learned that the Trade Finance Principles were jointly developed by the Wolfsberg Group, the International Chamber of Commerce, and BAFT.

Vneuron Risk & Compliance is a leader and a key player in Anti-Money Laundering (AML) and in Combatting Terrorist Financing (CTF). The estimated amount of money laundered globally in one year is between 2 to 5% of global GDP, equivalent to $800 billion - $2 trillion US dollars. This huge amount of illicit funds is coming from drug dealing, child labor and organ trade, and so forth. Therefore, fighting financial crime through technology has a great impact on global business and international security. Using proven top-notch technologies, Vneuron Risk & Compliance creates world-class software for Financial Institutions. We helped hundreds of worldwide financial institutions to achieve full compliance from more than 45 countries in Europe, Africa, the USA, and the Middle East. We are headquartered in France with presence in the Middle East and Africa. Our Spark solution Reis™ RCS ensures the automation of AML compliance processes : Real-time transactions filtering, Transaction monitoring using Machine Learning techniques, KYC. We are applying daily name screening on about 27 million profiles and more than 15 000 users are using our solutions on a daily basis. Contact us for more information on how to transform your AML Compliance Process.

Founded 2007