Prevenet

PreveNet is a software designed by PreveNet to facilitate compliance with Mexico's Anti-Money Laundering Law (LFPIORPI). According to the vendor, the software helps businesses and individuals engaged in vulnerable activities meet their obligations for preventing money laundering. PreveNet is said to be suitable for companies and individuals of all sizes and is utilized by various professions and industries, including real estate, professional services, financial services, non-profit organizations, and automotive businesses.

Key Features

According to the vendor, PreveNet offers the following features:

Automated Compliance: PreveNet automates the compliance process for businesses and individuals, streamlining the identification, verification, and reporting of client information to meet the obligations set forth in the Anti-Money Laundering Law.

Online File Storage: PreveNet provides a secure online file storage system where businesses and individuals can organize and access client information and documentation, ensuring easy availability for compliance purposes.

Automated Monitoring: PreveNet includes an automated monitoring system that tracks and analyzes client transactions and documentation, flagging any suspicious activities or transactions that may require further investigation or reporting.

Color-Coded Alerts: PreveNet utilizes a color-coded system to indicate which transactions require reporting to the Financial Intelligence Unit (UIF), providing visual indicators and alerts to easily identify and prioritize transactions that require attention.

Mass Reporting: According to the vendor, PreveNet enables the generation of mass reports that contain multiple transaction reports, optimizing the amount of documentation generated and simplifying the process of reporting multiple transactions.

PEP Lists: PreveNet provides access to up-to-date lists of politically exposed persons (PEPs) and blacklisted individuals, allowing users to search and verify the status of individuals or entities against these lists to prevent money laundering and illegal activities.

Secure Data Transmission: PreveNet ensures the security of data transmission by using a secure hypertext transfer protocol (https), encrypting all data transmitted through the platform to protect against unauthorized access or data breaches.

Personalized Help Desk: PreveNet offers personalized support through a dedicated help desk, providing assistance and guidance to users during business hours with unlimited tickets for support requests.