Case Study

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 a twelve month period. AML RightSource also assisted the bank in developing and enhancing its Customer Risk Rating Model, and provided sophisticated statistical analyses to properly stratify the bank’s customers into three distinct risk categories. To accomplish this work, AML RightSource deployed nearly 100 AML/BSA professionals on the project, creating customized workflows, quality scoring reviews, and escalation procedures throughout the engagement. The review included detailed EDD analyses of individuals, commercial entities, politically exposed persons, cash intensive businesses, and non-resident aliens.