Project Focus
This advanced software solution is developed exclusively for banks to combat money laundering activities. By leveraging automated analysis of customer accounts and transactions, it efficiently identifies suspicious activities, enhancing the bank's ability to comply with legal anti-money laundering (AML) requirements.
Its flexible architecture allows for customization according to the unique risk profiles of each financial institution, thereby fortifying the financial sector against the infiltration of criminally acquired funds.
Core Responsibilities
- Migration from a legacy GUI framework to Angular, ensuring a modern, scalable, and responsive application interface.
- Development of new features within the Angular framework, including the integration of advanced data handling and visualization libraries.
- Comprehensive code reviews and bug fixing to maintain high-quality code standards and application performance.
Development Phases
- The project focused on GUI migration, starting with agile development to ensure flexibility and iterative progress.
- The team conducted a thorough analysis to define requirements, ensuring the new Angular-based GUI met both functional and technical expectations.
- The implementation phase involved developing new features, followed by rigorous developer testing to identify and fix issues early.
- Acceptance testing ensured the migrated GUI met all criteria before deployment, highlighting a seamless transition to the new technology stack and enhanced user experience.
Development Approach
A key strategy is team expansion, where BBHT developers work alongside client developers to foster a synergistic environment. This collaborative approach ensures that the solution not only meets the immediate needs of the client but also sets a benchmark for innovation in AML software solutions within the banking sector.
As the financial industry continues to evolve, so does the sophistication of financial crimes. Solutions like this are pivotal in the ongoing battle against money laundering, reflecting a commitment to safeguarding the integrity of the financial system through technological innovation and collaboration.
