Case Study: Acasta Europe Limited achieves faster, more accurate AML compliance with SmartSearch

Acasta Europe Limited halves manual compliance time with SmartSearch

Acasta Europe Limited, a UK-based insurance firm, faced challenges with slow and disjointed manual AML compliance checks. Their processes were inefficient, taking 3-4 hours per week and leading to poor oversight. Seeking a cost-saving solution, they partnered with SmartSearch to implement its centralized digital AML platform, including UK individual checks and Know Your Business (KYB) verifications.

By using SmartSearch, Acasta automated its client verification and ongoing monitoring, which halved the time spent on manual tasks weekly. The solution provided dynamic, up-to-date screening against PEP and sanctions lists, significantly improving compliance oversight and streamlining internal processes. Acasta confirmed that SmartSearch saved them valuable time and resources while delivering more accurate results.

Acasta Europe Limited