Bank Secrecy Act &
Anti-Money Laundering

BSA/AML Testing, Validation and Consulting Services

We help financial institutions achieve their BSA/AML compliance goals.

ADI brings more than 20 years of experience and expertise to your team to help assess your specific BSA/AML compliance needs, design a custom solution and implement a thoughtful plan in order to ensure future success.

Our comprehensive BSA/AML consulting services include independent testing, risk assessment, policies and procedures, software tuning and model validation, and BSA/AML training. Whatever your challenge, look to ADI as a trusted partner.

Independent Testing

Under the Bank Secrecy Act (BSA), banks and many non-bank financial institutions are required to conduct independent reviews to test for BSA compliance. ADI tailors an effective testing program to fit your organization, using regulatory guidelines, executing the testing in a constructive way, and documenting the results in a manner that promotes program improvement. Our independent review team includes professionals who are ACAMS certified and former FDIC examiners.

Risk Assessment

An appropriate risk assessment identifies and scopes your company’s overall BSA/AML risk in areas such as policies and procedures, training staff knowledge, and customer identification. ADI develops an assessment that documents and demonstrate your organization’s understanding of its BSA/AML risks. We help you identify and shore up the weaknesses and gaps in your program, with a level of control commensurate with your identified level of risk, as well as factors unique to your company’s history, culture and budget.

Policies & Procedures

BSA/AML policies and procedures should reflect current regulations and regulatory guidance. Whether you need to establish a new program or upgrade your organization’s existing policy and procedures, ADI works with you to meet all of these needs. We evaluate your policies for how well they address your institution’s risks, their compliance strength, and how well they enhance the organization’s culture, operating environment and personnel.

Tuning & Model Validation

ADI offers ongoing support with the implementation of AML transaction monitoring applications, automated monitoring assessment and software tuning, and model validation services. We help align your new or existing system with your institution’s current risk profile and staff resources, identifying areas for improvement, and charting a course for making those improvements. ADI’s experts work with you to ensure that your data is sound, and that your system model produces meaningful results and efficiencies.

Training & Advising

ADI also offers BSA/AML advisory, or “coaching” services. We work closely with your organization’s key staff members in different capacities, to address any concerns and strengthen the compliance program. We assist compliance officers in getting organized, focused, or up to speed in certain areas of the compliance effort. We can also help you respond to a regulatory request, build a new part of the compliance department, or integrate with an acquired bank. Our solutions provide depth of knowledge and experience, tailored specifically to your needs.

We will design and implement the right solution to meet your BSA/AML compliance needs.

AML Five Pillars

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