Complying with AML regulations involves handling confidential client data—and in some cases, even sensitive information.
To meet data protection requirements, it’s essential to restrict access to information so that only your compliance team sees what they need, and the rest of the organization can’t access unnecessary data.
Parallel allows for granular control over profile visibility, so you can define what each user or team in your organization can see. Access to each profile property can be configured as Full access, Read-only or Restricted.
You can learn more in this article about how to configure profile visibility settings.
Example
PSL & Asociados is an obliged entity under AML regulations, with multiple roles involved in daily KYC processes:
Compliance: The technical team responsible for reviewing and managing all KYC processes.
Access level in Profiles: They have full edit permissions for all personal data related to beneficial owners and directors.
Sales: Their focus is solely on acquiring new clients for the company.
Access level in Profiles: They have read-only access to the client’s commercial data, but cannot view any sensitive information that isn’t required for managing the business relationship—such as data on beneficial owners.