When Money Laundering Is Suspected, Speed Matters

Automate FIU reporting with generative AI support

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From Transaction Monitoring to Reporting via goAML

ACTICO Icon electric blue bubble risk management — Think in Processes

Compliance professionals benefit from consistent processes — from transferring data from the AML system into ACTICO FIU Reporting through to delivering structured data to goAML.

ACTICO Icon electric blue bubble finance — Use Generative AI

Artificial intelligence helps compliance teams justify suspected money laundering cases precisely. It structures information and creates text suggestions for the report.

ACTICO Icon electric blue bubble provider — Gain Confidence

GenAI in ACTICO FIU Reporting helps compliance teams consider everything that is important for a suspicious activity report. However, the final decision always remains with the subject matter experts.

Money Laundering Reports to the FIU: Generate with AI Support and Submit Promptly

The Direct Link to goAML: ACTICO FIU for Suspicious Activity Reports

When reporting suspected money laundering, FIUs place high demands on obliged entities under anti-money laundering legislation:

Prompt reporting via goAML
Complete, structured data
High-quality justification of the suspected money laundering case

Seamless FIU Reporting: How Compliance Officers Benefit

Transaction monitoring in ACTICO Anti-Money Laundering
Automation for reports involving natural and legal persons
Generative AI functionality for creating text to justify the case
Export as an XML file for upload to the goAML reporting portal
Audit-proof archiving of all XML and PDF files

What Does GenAI Bring to FIU Reporting?

GenAI supports compliance officers with research and reporting tasks. By using prompts, they can instruct the AI to search data records and present the results. This creates a draft regulatory report with just one click.

Nevertheless, the final decision remains with humans. Compliance specialists approve the report according to the human-in-the-loop principle.

Why Are Compliance Teams Choosing Greater Automation in FIU Reporting?

They want to be ready to act immediately when suspected money laundering arises:

Create reports with less manual effort
Present the case clearly and comprehensibly
Gain confidence through validation mechanisms
Submit structured reports to the FIU or the Swiss MROS via goAML

Learn More About FIU Reporting Contact us

How AML specialists Automate Suspicious Activity Reports (SAR) for goAML

Generate FIU reports directly

Compliance officers access ACTICO FIU Reporting directly from ACTICO Compliance Solutions. The benefits: easier data entry, an up-to-date overview of report status, and automatically generated XML files and PDFs.

Suspicious Activity Report Without Transaction

The SAR report type, also known as a Suspicious Activity Report, applies to cases that do not contain any transactions. Persons, accounts, and companies are recorded here.

Suspicious Transaction Report With Transaction

Suspicious Transaction Report (STR), includes at least one transaction. This report type contains relevant persons, accounts, and other related information.

Submit Data to goAML

Using the goAML web form, money laundering reporting officers submit information on the case and the transactions, including persons, organizations, and accounts. Alternatively, data can be submitted via XML upload.

Stay Flexible for FIU Requirements

The FIU Reporting Solution makes it possible to respond flexibly to FIU requirements. If an optional field becomes mandatory, this can be implemented through configuration.

Ensure Traceability

In addition to the XML file, the software generates a PDF. It contains the data used in the XML file and provides a more readable way to understand which data was included in the XML.

Key Questions of Compliance Teams on Suspicious Activity Reporting

ACTICO FIU Reporting is AML software for banks, financial service providers, and insurers. It automates the creation of suspicious activity reports for Financial Intelligence Units (FIUs) and Switzerland’s MROS.

Potential money laundering is detected automatically. Based on this data, the system generates the FIU report. Generative AI helps summarize information and draft case justifications. Final approval of AI-generated text remains with compliance professionals.

goAML is internationally used software developed by UNODC, the United Nations Office on Drugs and Crime. It supports FIUs in the fight against money laundering and terrorist financing (AML/CFT). Banks, insurers, and other obliged entities under the Anti-Money Laundering Act must submit suspicious activity reports electronically. The goAML Web reporting portal is available for submitting cases that must be reported under the Anti-Money Laundering Act.

When describing the case, all relevant persons, including their roles, as well as involved organizations, must be named. Information about the timing of the transaction, the suspicious business relationship or activity, the type and amount of the transaction, and the accounts involved is also important.

The case description must explain the key trigger, meaning the reason why a suspicious activity report is being submitted. In ACTICO FIU Reporting, data is transferred directly from the AML system and made available in the goAML reporting form.

Generative AI, or GenAI, is a form of artificial intelligence that can create content. It uses large language models (LLMs) trained on billions of words from text sources. This makes it particularly powerful for tasks such as automated text generation, answering questions, and drafting reports.

Unlike traditional AI models, which analyze data and identify patterns, GenAI can independently suggest content, formulate text, and summarize complex relationships based on large amounts of data.

In ACTICO FIU Reporting, the AI uses data provided by the AML software, interprets transaction patterns, identifies reasons for the suspicious behavior and relationships between the parties involved, and turns this information into a concise, clear justification for the FIU.

Media breaks occur when information needed for a suspicious activity report is stored in different systems that are not connected through interfaces. Collecting data from these systems is error-prone and often inefficient, especially when multiple teams are involved.

It also takes significant time to coordinate the process. As a result, compliance teams often struggle to submit reports promptly. This creates the risk of penalties for late submissions via goAML.

A better approach is to transfer data automatically from the AML software into FIU Reporting.

Recognised throughout the industry.

For many years, ACTICO has been recognised by customers and analysts as a leading provider of Advanced Decision Automation Technology and solutions for Compliance and Credit Risk Management.