Advanced Technology Solutions for AML and Financial Crime Compliance
Compliance with BSA/AML and sanctions regulations is highly dependent on the use of advanced technology to identify suspicious transactions and behavior patterns. Crowe Horwath has extensive experience helping banks and other financial services companies select and implement AML software solutions. Our proprietary applications are designed to enhance performance and meet specialized needs that conventional AML systems do not address.
Selecting and Implementing Effective AML System Solutions
Today dozens of vendors offer solutions to address BSA/AML and sanctions compliance requirements, including solutions supporting suspicious activity monitoring, sanctions and watch list screening, and customer risk scoring. Making an informed decision on which solution is best for your institution can be a challenge. Crowe AML and sanctions technology teams have extensive experience with virtually all of today’s leading financial crime and compliance systems, including NICE® Actimize software, Oracle® Mantas software, SAS® software, Fiserv® software, and other widely used solutions. In addition to deep technical expertise and hands-on experience with these systems, our specialists maintain independent professional relationships with software vendors.
Enabling Technology for BSA/AML Compliance
Throughout our many years of BSA/AML and sanctions compliance consulting, Crowe technology specialists have identified important gaps in existing AML technology, and have developed a portfolio of proprietary solutions to address them: