The Economic and Financial Crimes Commission, EFCC, in its effort to curb money laundering in the country, has deployed Special Control Unit against Money Laundering (SCUML) 360° to improve its services.
Maher Abu Ghali, Chief Executive of Intellisys Consulting and Solutions, during an in-house training of the EFCC officers on Friday, stated that SCUML 360° could process 20 million transactions per day on a single server which will significantly enhance the efficiency of SCUML.
“This is in an effort to improve the efficiency of SCUML’s processes as recommended by the International Cooperation and Review Group, ICRG, of the Financial Action Task Force, FATF,” he said.
Ghali explained that the software also comes with an Artificial Intelligence, AI, feature which will help to analyse the data received by SCUML.
“One of the many benefits of the new tool is that it has a messaging module where SCUML can communicate directly with Designated Non-financial Businesses and Professions, DNFBPs via the messaging board.
“With this, DNFBPs will have their questions answered without having to call or come to SCUML’s offices,” he added.
He also pointed out that with DNFBP, people can print their certificates by themselves from the comfort of their offices once they receive them in their email.
“The new certificates will come with a QR code as a security feature and will have a digital signature on it,” he noted.
Director SCUML, CE Daniel Isei, appreciated the work which Intellisys Consulting and Solutions had done.
He expressed confidence that the new software will fulfil its mandate while meeting the demand of its customers in a timely and efficient manner.
