KFin Technologies and the Association of Portfolio Managers in India (APMI) have launched InPro, an intelligent anti-money laundering (AML) and compliance operations platform. The platform was launched by Shri Tuhin Kanta Pandey, Chairman, Securities and Exchange Board of India (SEBI), at APMI's 3rd Annual Conference at the Jio World Convention Centre, Mumbai. APMI has adopted InPro as the central AML compliance platform for its members, providing portfolio managers across the industry access to a common technology infrastructure for screening, reviewing and managing AML alerts.
Through InPro, APMI members can access a unified platform that brings together AML screening, continuous monitoring, case management and audit trails within a single operating environment. The platform enables PMS providers to screen investor profiles against global sanctions lists, Indian debarment lists, PEP databases, regulatory watchlists and adverse media sources. Screening can be undertaken during onboarding and subsequently when key customer information or other relevant risk indicators change. Potential matches are routed through a structured Maker Checker workflow, allowing compliance teams to review alerts, resolve potential false positives, escalate cases and record the basis for their decisions. InPro maintains historical visibility into screening activity, alerts, review actions and decisions, providing an audit ready record for regulatory and internal reviews.
The launch represents a significant development in India's portfolio management sector, providing standardized AML compliance infrastructure for the industry. AML compliance is increasingly moving beyond point in time onboarding checks, as investor profiles and risk indicators can change throughout the customer lifecycle. This makes continuous monitoring, timely review and the ability to demonstrate the basis for compliance decisions increasingly important. The platform supports near real time decisioning and downstream action enablement, helping institutions move from identifying a potential risk to taking appropriate operational action through system integrations.
Sreekanth Nadella, Managing Director and CEO, KFin Technologies, emphasized that the next phase of financial market infrastructure will be defined by how effectively trust and compliance are embedded. He added that InPro brings together screening, continuous monitoring, case management, and decision trails on a single technology platform. Vikas Khemani, Chairman, APMI, stated that strong governance and robust compliance infrastructure are fundamental to building a resilient and investor-centric ecosystem. APMI's adoption of InPro aims to make technology-enabled AML capabilities more accessible to portfolio managers across the industry, regardless of their scale.
