AML technology spans customer risk scoring, screening, transaction monitoring and case management, and these parts have to work together. Choosing and implementing them well determines how effective your program can be.
We help you define requirements across those components, evaluate vendors fairly, oversee implementation and data integration, configure scenarios and risk models, and validate the system before it goes live, so it is effective from day one rather than after years of tuning.
We remain vendor-independent throughout, and we document the model governance regulators expect.
Why it matters
Requirements across risk scoring, screening, monitoring and cases
Fair, scored vendor evaluation with proof of concept
Data integration, scenarios and risk models
Pre-go-live validation and model governance
How the engagement runs
- 1DefineRequirements across screening, monitoring and case management
- 2SelectRFP, demonstrations, proof of concept and scoring
- 3ImplementData integration, scenarios and risk models
- 4ValidatePre-go-live validation and governance pack
What you receive
- Requirements specification
- Vendor evaluation report and recommendation
- Scenario and model design documents
- Validation report and governance pack
Questions
Do you implement the software yourselves?
The vendor implements; we define, oversee and validate on your behalf, so you have independent assurance.
Can you replace our current AML system?
Yes, including migration of history, rules and open cases.
