As regulatory pressures continue to grow, the cost of compliance continues to reach new heights. One of the most significant costs involved with Bank Secrecy Act (BSA)/AML compliance is the cost of staffing analysts to investigate transaction monitoring alerts - the vast majority of which are false positives - and to drive Know Your Customer (KYC) requirements.
The way forward is through innovation. Booz Allen’s innovative technology and consulting solutions revolutionize and transform the way that financial institutions approach BSA/AML compliance resulting in cost reduction, improved productivity, and enhanced regulatory compliance.
Our experts can help your company achieve its goals.
Learn about the technology products that Booz Allen has developed for Financial Crimes and how they fit your business.
Our e3 is a “data-as-a-service” solution which is designed to speed up the process of KYC, negative news, watch-list, and network data collection.
riskCanvas is an advanced case management / workflow application which supports KYC / EDD and alert / case investigation workflows through an intuitive user-interface.
AML m3 is designed to help measure, mature, and manage your AML Program for optimized efficiency
AML r3 is designed to provide a strategic and advisory consulting to remediate negative AML regulatory findings.
AML DSA Consulting aims to help AML Programs better leverage the power of their data for compliance and efficiency.
Learn more about the differentiated consulting services offered by our Financial Crimes team.
Discover the latest insights from Booz Allen’s Financial Crimes thought leaders