Case Studies

Transaction Monitoring

5,000 transaction monitoring alert adjudication project for a regional bank

5,000 transaction monitoring alert adjudication project for a regional bank

Prior to an examination, a regional bank required AML RightSource's assistance with the adjudication...

Payment processor needed assistance with a large backlog of transaction monitoring alerts and business as usual alert adjudication

Assistance with large backlog of transaction monitoring alerts and business as usual alert adjudication

One of the largest global digital payment processors engaged AML Rightsource to assist with...

Case review for a large regional bank under formal action with its regulator

Case review for a large regional bank under formal action with its regulator

A large regional bank contracted with AML RightSource to provide, among other things, a review of cases for disposition while the bank...

2,000 transaction monitoring alert backlog with a 3 month deadline for a financial technology company

2,000 transaction monitoring alert backlog with a 3 month deadline

A financial technology company required AML RightSource’s assistance to clear a backlog of over 2,000 transaction...

Current AMLRS client acquired a bank with a higher risk customer portfolio and needed assistance reviewing alerts and creating cases

Assistance reviewing alerts and creating cases

A client of AML RightSource, a regional bank, acquired a bank with a higher risk customer portfolio, including many Money Services Businesses. The bank asked...

EDD / CDD

Enhanced Due Diligence reviews on nearly 30,000 customers during a 12 month period for a large regional bank

Enhanced Due Diligence reviews on nearly 30,000 customers during a 12 month period for a large regional bank

A large regional bank looked to AML RightSource to perform EDD reviews on nearly 30,000 customers during...

Large super-regional bank could not adequately staff its department of nearly 150 professionals to consistently handle the volume of high-risk customers

Staffing to handle volume of high-risk customers

A large super-regional bank asked AML RightSource to provide ongoing EDD Analysts to conduct EDD reviews as part of its ongoing EDD program...

Large regional bank outsourced its non-resident alien, non-governmental organization, and alternative investment portfolio of high-risk customers to AMLRS

Large regional bank outsourced customers to AMLRS

A large regional bank with high net worth customers, required ongoing assistance with its EDD program. More specifically the bank outsourced its non-resident alien...

Financial Crimes Advisory

Current AMLRS client required assistance with an overhaul of its AML/BSA policies and procedures per its federal regulator

Assistance with overhaul of AML/BSA policies and procedures

AML RightSource's client, a regional bank, sought assistance with an overhaul of its AML/BSA policies and procedures at the direction...

Enterprise wide AML/BSA risk assessment for a large regional bank under a formal action by its federal regulator

AML/BSA risk assessment for a large regional bank

AML RightSource created an enterprise wide AML/BSA risk assessment (“EWRA”) for a large regional bank that was under a formal action by its federal...

Selection and implementation of new transaction monitoring system for mid-sized regional bank

New transaction monitoring system for mid-sized regional bank

A mid-sized regional bank required assistance with the selection of a new transaction monitoring system and needed assistance with...