Rome, 15 November 2013 - Academia Edizioni e Formazione and Almawave present Italy's Anti-Money Laundering Portal, an evolved platform for legislative searches on the subject of money laundering and provides support services targeting banks, insurance companies and professionals (notaries, certified accountants and lawyers), which, thanks to an evolved ontological-semantic framework for text analysis, developed by experts and focusing on money laundering themes, takes the keyword-based search model a step further enabling users to navigate through and more effectively catalog the vast and complex mass of available data along conceptual lines, in a targeted, intuitive and selective manner.

 

The platform - designed in partnership with Centro Studi Antiriciclaggio & Compliance (Anti-Money Laundering & Compliance Study Center), headed by Professor Emanuele Fisicaro - is the first one available on the Italian market and unique for quality and quantity of documents, a considerable mass of material access to which is managed by Iride, the innovative search engine using a sophisticated latest-generation semantic-ontological system. This system, in fact, enables navigation to take place on a conceptual basis, as if there was an expert guiding the search. The platform also enables the creation of a personal navigable file of contents.

 

A free trial version of the platform can be accessed at http://www.antiriciclaggioitalia.it, after registration, with access limited to just a part of the services and documents. The entire platform will then be made available subject to the payment of an annual subscription. Users will be able to consult an archive with hundreds of select documents that cannot be easily retrieved through other channels, relative to primary and secondary legislation, rulings by the Corte di Cassazione, case law, circular letters, etc., with regard to anti-money laundering. A database that is kept continually up to date, in line with the constant evolution of legislation and case law.

 

The Iride search engine - a sophisticated technology designed by Almawave - interprets, encodes and classifies the user's requests, associating it with information related to the topic of interest on a conceptual basis. Practically speaking, it works like an evolved smart search and navigation tool, which carries out in-depth - suitably selected - analyses, which go beyond the traditional keyword-based search models, to return to the user not just the documents directly related to the topic in question, but also cues and information indirectly linked to the topic, to enable further exploration.

 

The Anti-Money Laundering Portal will soon be enriched with new services and functionalities, to generally improve access to knowledge regarding so complex a topic as money laundering. Thanks to partnership agreements with professional practices and experts, the user can, in fact, find online legal opinions on the subject, supplied in next to no time by a pool of professionals. It will also be possible, as part of the annual subscription, to access online courses, participate in classroom training days on money laundering, complying with the training requirements provided for in article 54 of Legislative Decree 231/07, receive a weekly Newsletter, in order to be constantly informed about the developments taking place in legislation and in case law on the subject and access the Questionnaire service regarding the verification formalities pursuant to article 21 of Legislative Decree 231/07, in order to comply with the relative obligations. The service is of great strategic importance for all those responsible for implementing and applying the anti-money laundering measures, such as legal professionals, government authorities and corporate directors and officers.

 

“Almawave is proud to support all those who contribute, every day, to the prevention of one of the most insidious crimes for our economy: money laundering - said Valeria Sandei, CEO of Almawave. Law enforcement operatives working on the ground often effective tools for fighting this crime. Our aim, therefore, is to provide an increasingly effective tool with which to face this very complex challenge, the product of our best know how and skills, which we have made available precisely to achieve this purpose, convinced as we are that technological innovation is and can increasingly become a new and important means for streamlining, improving and refining anti-money laundering processes and effectively progressing in the struggle against this crime".

 

“The laundering of money made through criminal activities is not just a matter for repression – declared Gianluca Antonacci, CEO of Academia – but it can also be countered by developing the culture of anti-money laundering. In order to effectively oppose apparently legal activities with illegal ends we need to involve all the institutions, both public and private, as fostered by the anti-money laundering legislation. The program developed in partnership with Almawave has precisely this aim: spreading an anti-money laundering culture and knowledge within the State-Community and among professionals and financial institutions, by supporting them and helping them not to become involved in the complex world of money laundering".