CCBTO selects Alessa by CaseWare RCM for AML Compliance

Regional branch of world’s second-biggest bank by operated assets chooses Alessa to increase the effectiveness of its anti-money laundering (AML) compliance program.

Toronto, ON – January 14, 2020 – CaseWare RCM, a provider of financial crime detection and prevention solutions, has announced that China Construction Bank, Toronto Branch (CCBTO) has selected Alessa for its transaction monitoring, sanctions screening and FINTRAC regulatory reporting capabilities to further enhance its anti-money laundering (AML) compliance program.

The CCBTO supports China-Canada economic business development and specializes in comprehensive wholesale banking business including corporate banking, trade finance, and foreign exchange.

“The decision by CCBTO to use Alessa for its AML needs is an indication of this bank’s commitment to enhancing its sanctions compliance management and control over customers from high-risk countries or regions, as well as, meeting its other regulatory obligations,” said David Shuen, Chief Compliance Officer and Chief AML Officer at CCBTO

According to Andrew Simpson, Chief Operating Officer at CaseWare RCM, CCBTO was looking to monitor all transactions and flag those that were unusual; screen individuals against various watch and sanctions lists; and create comprehensive and reader-friendly reports for FINTRAC.

“Alessa is an integrated solution that is able to meet CCBTO’s anti-money laundering needs without the complications, costs and ineffectiveness that often incur when using point solutions,” said Simpson.

Alessa is trusted by banks, money services businesses (MSBs), fintechs, and gaming institutions to meet their anti-money laundering and other regulatory compliance needs. One of the reasons that Alessa is consistently chosen is because it is a versatile and modular solution that can be quickly integrated with existing infrastructure, and it scales with organizations as their size and needs grow.

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About CaseWare RCM Inc.

CaseWare RCM Inc. is the maker of Alessa, a financial crime detection, prevention and management solution. With deployments in more than 20 countries in banking, insurance, fintech, gaming, manufacturing, retail and more, Alessa is the only platform organizations need to identify high-risk activities and stay ahead of compliance. To learn more about how Alessa can help your organization ensure compliance, detect complex fraud schemes, and prevent waste, abuse and misuse, visit us at

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