Our Services
BSA/AML Compliance Consulting
AML Independent Testing Audit Services
- Business model and infrastructure
- AML policies and procedures documentation
- AML risk assessment
- Qualifications and biography of the designated compliance officer
- Previous independent testing report and management responses
Discovery
- Interviews with key personnel
- Walk-through of compliance operations processes
- Testing of transactions
- A brief exit meeting with senior management to discuss preliminary conclusions
Implementation
- Analysis of review and test items
- Comprehensive report including: Requirements Observations, Testing, Recommendations, and Comprehensive reporting
AML Training
- Understand the AML risks inherent to your industry.
- Have the knowledge to detect unusual activity and recognize red flags.
- Escalate unusual or suspicious activity to the supervisor or compliance officer.
Data Analytics Services
Data Analytics Strategy and Planning Services
- Data Analytics Assessments
- Roadmap Creation
- Data Analytics Strategy
- Design and Architecture
- Solution Selection and Evaluation
Data Management and Data Warehouse Services
- Data Management
- Data Integration
- Data Governance
- Solution Maintenance and Support
- Managed Services
Business Intelligence and Advanced Analytics Services
- Business Intelligence Consulting
- Advanced Analytics Consulting
- BI and Analytics Assessments
- Roadmaps
- Proof of Concepts
- Design and Architecture
- Report and Dashboard Development and Customization
- Custom BI and Analytics Solutions • Reporting Automation
Risk Management Services
- Risk triggers
- Consequences, both financial and reputational
- Internal controls and risk mitigation strategies
- Contingency planning
- Risk governance processes
Consolidated BSA/AML Risk Assessment Financial institutions that choose to implement a consolidated or partially consolidated BSA/AML compliance program should assess risk within business lines and across activities and legal entities. Consolidating ML/TF and other illicit financial activity risks for larger or more complex financial institutions may assist senior management in identifying, understanding, and appropriately mitigating risks within and across the financial institution. To understand ML/TF and other illicit financial activity risk exposures, the financial institution should communicate across all business lines, activities, and legal entities. Identifying a vulnerability in one aspect of the financial institution may indicate vulnerabilities elsewhere.
