Transcript Slide 1

Company and
Product Overview
The AMLA
Doug Keipper, CAMS
Banker’s Toolbox = Service!
• Services Available from Banker’s Toolbox
– Due Diligence process for selection facilitated by
a prior BSA Officer, CAMS
– Training from CAMS trainers for end users
– Consulting Services to help to create your
assessments on risk written procedures if needed
– Active national and regional user groups to share
ideas, impact development, establish best
practices and communicate on the private website
– Help Desk available 11 hours per day 5 days per
week
Banker’s Toolbox = Solutions!
• Products available from Banker’s Toolbox:
– BAM (BSA and SAR Manager)
• EDD
• QAR
• CTR
– WirePro Enterprise
– Kite and Fraud Manager
• Solutions based upon the financial institutions
environment (host or teller systems specific) NO
redundancy in deliverables which saves bank
time and money!
Compliance is Made Easier
to Reduce Your Time-on-Task
• Utilities performed by BAM
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314(a)
OFAC
NCCT or other lists
CTR reconciliation and/or filing
SAR filing and tracking
Monetary Instrument Logs
Wire Logs
Data validation
314(a)
OFAC, NCCT
and other lists
• OFAC
• NCCT
• 311 lists of sanctioned
entities
• State Department lists
of primary concerns
on drug origination
countries
CTR Reconciliation
and Generation
Automated Risk Rating
• Risk categories based upon
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Products
Market Space
Actual Activity
Foreign vs. EIN vs. SSN
Business Type
Past negative behavior
HIFCA
HIDTA
And others…..
Banker’s Toolbox
Facilitates Monitoring
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Structuring and Micro Structuring
Activity not consistent with Customer Profile
High Velocity Behavior
Spikes in Volume
Deviations from Moving Average
Wire Activity
High Risk countries and entities
ATM transactions from foreign countries
ACH transactions with unusual trade industry relationships
Large Internet bill payments
Transfer of funds between related accounts
Accounts that involve the same or related principals
Transactions conducted by non-customers
Seemingly unrelated accounts linked by common telephone
numbers or addresses
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Enhanced Due Diligence Module
Branch personnel can capture the
expected transactional volume for a
new account
Cash In / Out
Wires In / Out
Monetary Instrument purchases
ACH In / Out
ATM Transactions
Enhanced Due Diligence Module
• ETV Tolerance Report measures deviations against purported
transaction volume
– User defined minimum tolerance level
– Scheduled or on-demand reporting
Check Kiting
and Check Fraud
• Duplicate Checks
• Serial (check) numbers out of range
• Dollar amount of check deviates from
average
• Number of checks that deviate from
historical activity
• Kiting suspects based upon using up to 9
rules to hone in on the true suspects
Solutions!
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Facilitate your selection process
Customize product mix to your needs
Assist in implementation
Train your staff
Create best-practices and procedures
Support you by providing on-going assistance
Continue to develop products to meet your
needs in meeting the rigorous demands of
compliance and audits
Questions?
If you need additional information please
contact: Doug Keipper 678-566-3114 or
[email protected]