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Anti Money Laundering System

FOREX  transactions have increased several  folds in recent yeas due to increase in globalization, resulting in efficient cross border trades due to increased usage of technology in automated trading systems and remittances through Reuters, SWIFT, etc.

Due to increase in Money Laundering activities over the last few years, there is an urgent need for Banks & Financial Institutions to track forex transactions and remittances through efficient systems to detect and prevent frauds and report to their respective Regulatory authorities.

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