The Design And Implementation Of The M Commercial Bank Anti Money Laundering Self-monitoring System

With the development of economic globalization, the science and technologychange rapidly and the financial services globalize. As a result, financial problemsassociated with criminal activities become more and more complicated. The totalamount of laundering money exceeds the government budget in some countries, whichultimately causes the government losing control of the macro economy. Anti-moneylaundering in our country is still in its infancy, the system is not perfect. Actually, theanti-money laundering work is just "passive combat" as cooperate with theinvestigation when the crime was committed or a temporary anti-money laundering.In addition, the propaganda of anti-money laundering is not enough, most people arenot familiar with “money laundering” or with the concept of fuzzy. Thus, it’s difficultfor them to work on the anti-money laundering work of functional departments of aforce. The anti-money laundering work is a difficult and complicated work, requiringall departments and sectors "work together", otherwise the crackdown on moneylaundering industry will be greatly reduced.Based on the above analysis, combined with the status analysis of M Bank’sindependent AML monitoring system, this paper implemented the anti-moneylaundering business system optimization, namely, completed the development processof independent monitoring of anti-money laundering system. Throughout the system,the data processing system is the basis for the development and is also the focus of thespecific implementation, it is mainly through the JAVA programming language andHTML technology to realize data conversion, extraction and cleaning and loaded intothe anti-money laundering database, put the large number of anti-money launderingdata separated from the conventional operating environment, convert dispersed,inconsistent operation of data into integrated, unified information.Firstly, we introduce the background and significance of developing monitoringand management system of the anti-money laundering, and expound the main contentand structure of this paper, elaborate research dynamic at home and a broad of theindependent anti-money laundering monitoring system, and further analyze thecurrent situation and problems of anti-money laundering in Chinese commercial banks.Then, on the basis of introducing the basic definition of money laundering and mo neylaundering, further overview the self-monitoring system for anti-money laundering and related development technology, and build overall system design ideas.Meanwhile, considering the certain goals and principles of system design, we focuson the analysis of requirements of the anti-money laundering monitoring andmanagement system from general features and specific operations. Thus, the wholesystem is completed due to design the overall process, the general function structure,the core engine, the data pool, the change of interface and the maintenance of thesystem.During the development of the system, which consists of basic management, datareporting, investigation, statistics reports, independent monitoring, platform of ratingrisk and operation management, so as to improve the efficiency of commercial banks’anti-money laundering work,we use Oracle database, JAVA language and ETLtechnology. Finally, we summarize the conclusion of this paper, and point out thefollowing researching direction, the weaknesses and further improvement.