Service summary in 50 words

„The insic AML service platform covers the MLRO process chain from risk analysis and real-time monitoring to STR management and risk-metrics reporting.

The MLRO automizes his service with a comprehensive risk assessement, 40+ certified identification methods and an AML software toolbox.

All services are prooven or certified at least under German legislation and comply with EU regulations.“

Service list in 50 words

Preparation phase
– Risk assessement and risk analysis
– AML contract management for franchise organisations

– MLRO application towards authorities
– Individualised risk analysis for franchise partner
– AML training platform on-site + online-training

– Real-time identification system with 40+ ID methods
– STR process
– Employee reliability checks
– Whistleblowing Hotline
– MLRO reporting for the authorities
– Real-time transaction monitoring

Company background

GFR-Consult Beratung GmbH is founded in July 2019 as a spin-off of insic GmbH (founded in 2007) having access to the insic ID and compliance software solutions. The GFR-Consult start-up phase began in December 2018.

The vision: Provide automated AML services in a modular, certified and cost effective way.

The mean: Focussed technology using standard software where possible and taylor made solutions where needed.

The product: A set of online functions to provide a comprehensive AML service process online.

Status: GFR-Consult is growing extremely fast and servicing 90+ customers operating in 180+ locations all over Germany. GFR-Consult is accepted by the authorities of the German provinces and well integrated in the German legislation. Having access to insic software solutions the services are certified in Germany and in Denmark regulated by the Danish Gambling Authority. Our customers come from all Europe and are active in the Lottery-, Casino- and Sportsbetting markets. Some of them operate under Maltese license (bet-at-home, IBA Entertainment, Wunderino, Online Casino Deutschland).

Technology: Technical services are delivered via an easy to customise Worpress instance. A set of specific services are added. This includes:

  • Risk Management system individually developped for the european gaming and gambling market.
  • Unique open workflow based ID system having e.g. Schufa, OASIS, global passport and document recognition services, PEP and sanction list checks. The service provides 40+ ID services allowing checks at 90% of the German banks, Bafin certified VideoIdent service, financial player scoring provided by Schufa and ID mystery checks. Made with node.js and react running on AWS.
  • Real-time monitoring system with free rule definition based on the approved insic SAFE Server technology certified by the Danish Gambling Authority and available for the Schleswig Holstein regulation. Rule based, slim and efficient – just stores critical transactions. Made with node.js and react running on AWS.