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AML Automation: How to Simplify Anti-Money Laundering and Counter-Terrorism Financing Procedures

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    In today’s regulatory environment, AML (Anti-Money Laundering) compliance is no longer limited to banks and financial institutions. Real estate brokers, law firms, accounting offices, insurers, art dealers, and even developers accepting cash payments above €10,000 are now legally required to implement AML procedures.

    Yet for many businesses, AML compliance remains a manual, fragmented process—one that consumes time, invites human error, and exposes the organization to regulatory penalties. This article explains the current challenges in AML enforcement, especially in Poland, and explores how automation can transform compliance from a burden into a manageable, efficient process.

    Poland’s AML System Under Scrutiny: What the Supreme Audit Office Found

    According to the Supreme Audit Office of Poland (NajwyĹĽsza Izba Kontroli), Poland is one of the 10 EU countries with the highest risk of money laundering and terrorist financing. Despite this elevated threat level, the national AML framework has been deemed ineffective in key areas.

    Recent audits revealed delays in legislative updates, gaps in oversight (especially for sectors like foundations, associations, or online currency exchanges), and a general lack of coordination between regulatory bodies. In some cases, suspicious transaction reports submitted by obligated institutions were reviewed over a year later, which dramatically reduces their usefulness in preventing financial crime.

    You can review the NIK report summary here — a sobering overview of the shortcomings in national AML enforcement.

    The Hidden Cost of Manual AML Compliance

    Manual AML processes are often reactive, time-consuming, and prone to inconsistency. This becomes especially problematic for organizations without dedicated compliance departments. The most common pain points include:

    • Inefficient customer due diligence (CDD) — Gathering and verifying customer identity documents takes time, especially when done without digital tools.
    • Poor transaction monitoring — Identifying unusual payment patterns across spreadsheets or fragmented systems is unreliable and resource-intensive.
    • Incomplete audit trails — Regulators often require documentation showing compliance at every step. Without automation, maintaining consistent, exportable records is difficult.
    • Risk of human error — Even well-trained staff can overlook suspicious activity or apply procedures incorrectly.
    • Lack of real-time insights — Manual reviews are slow, making it easy to miss fast-moving threats or react too late.

    For smaller firms—such as accounting offices, law firms, or independent real estate agents—these obligations can seem overwhelming. But failing to meet them could result in fines reaching up to €5 million or 10% of annual turnover, depending on the severity of the breach.

    What AML Automation Can Do for Your Business

    Automated AML solutions help businesses comply with regulatory requirements more efficiently and accurately. By using software to handle key compliance tasks, companies can focus on their core operations while reducing risk. Key benefits include:

    1. Save Time and Lower Costs

    Automated systems drastically reduce the time needed to conduct client verification, monitor transactions, or prepare regulatory reports. What might take hours of manual effort can now be completed in minutes. This not only reduces labor costs but also enables compliance officers to focus on critical, judgment-based tasks.

    2. Ensure Accuracy and Consistency

    Software operates according to pre-defined rules, eliminating variability in how checks are performed. This results in fewer false positives, more consistent decision-making, and more reliable detection of suspicious activity. Automation also ensures that no step in the procedure is skipped or forgotten.

    3. Stay Compliant — Always

    Good AML systems are regularly updated to reflect national and EU regulations, including the EU’s 6th AML Directive. They help ensure that businesses remain fully compliant with requirements such as transaction thresholds, UBO (ultimate beneficial owner) checks, and risk scoring. Full documentation is automatically generated and stored, making audits far easier to manage.

    The European Commission maintains an up-to-date resource on AML legislation and obligations for businesses, accessible here.

    AML Solution from TTMS

    Our AML solution is a comprehensive software platform designed to support businesses in combating money laundering and terrorist financing, fully compliant with current EU and national AML regulations. The solution automates and streamlines key obligations required of entities such as banks, accounting firms, notaries, real estate agencies, insurers, and other obliged institutions. Core functionalities include automated client risk analysis, identity verification, continuous screening against official databases and sanction lists (e.g., CEIDG, KRS, CRBR), and integrated monitoring of transactions. By minimizing manual intervention and significantly reducing human error, our AML system cuts compliance costs while ensuring rigorous adherence to regulatory standards. Moreover, it can be tailored specifically to your organization’s size, sector, and compliance needs.

    Why It Matters

    AML automation is not just about ticking compliance boxes — it’s about building trust, minimizing legal exposure, and gaining operational resilience. Whether you run a small accounting firm or a medium-sized real estate business, investing in AML automation now will protect your company from much larger risks in the future.

    If your organization is struggling to keep up with its AML obligations, now is the time to explore automated solutions designed for your industry. With the right tools, compliance becomes a strength — not a liability.

    Which businesses must comply with AML regulations in the EU?

    AML (Anti-Money Laundering) compliance in the EU isn’t just for banks. It also applies to real estate brokers, law firms, accounting offices, insurance providers, art dealers, developers accepting large cash payments (€10,000+), and other obligated entities. If your business handles substantial financial transactions or sensitive client information, it likely falls under AML obligations.

    What are the risks of manual AML compliance?

    Manual AML processes are prone to human error, inconsistent record-keeping, and inefficient transaction monitoring. These limitations can lead to regulatory breaches, substantial fines (up to €5 million or 10% of annual turnover), reputational damage, and potential loss of clients or business licenses.

    How does automation improve AML compliance for smaller businesses?

    Automation significantly reduces the compliance burden for smaller businesses by quickly verifying identities, performing real-time screening against official registries and sanctions lists, monitoring transactions, and providing comprehensive, auditable records. This frees up valuable staff time, reduces errors, and ensures consistent adherence to regulatory requirements.

    Are automated AML solutions regularly updated to reflect regulatory changes?

    Yes, reputable AML automation solutions are continuously updated to align with current EU regulations, including the latest directives such as the 6th AML Directive. Automated updates ensure your business remains compliant with evolving rules, reducing the risk of non-compliance due to outdated procedures.

    Can AML automation integrate easily with existing systems?

    Yes, most advanced AML automation platforms offer flexible integration options with your existing CRM, banking systems, accounting software, or other business tools. Such seamless integration allows your business to streamline AML compliance without disrupting your current workflows or requiring extensive internal change.

    Wiktor Janicki

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