POSEIDON AML offers customizable rules for specific check scenarios. With the software's acquisition, Qquant -independent servicer of non-performing loans- managed to take advantage of the need for regulatory compliance, gaining in security and reliability.
Greek legislation rules obligate companies which serve non-performing loans, to prove through reports the checks made to their customers for money laundering reasons.
Natech met Qquant's requirements by providing the anti-money laundering solution - POSEIDON AML. With the configurable rules of the system, Qquant managed in the shortest possible time, to obtain the system with the requested modifications and to perform the necessary checks either in live or batch mode. Through the easy-to-manage built-in reports tool, the company can now generate and export reports at will.
QQuant Master Servicer S.A. (‘Quant’) is an independent servicer of non-performing loans granted by Greek banks and financial institutions to individuals and enterprises in Greece.