BSA/AML Software
Complying with the Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) obligations doesn’t have to be a burden on your institution. Automated compliance software provides a cost-effective, reliable solution to ensure your business stays BSA/AML compliant.
Features to look for in BSA/AML software:
- Capabilities that will develop and enhance your institution’s suspicious activity monitoring and reporting processes – according to BSA/AML and Red Flag requirements
- Designed to ensure compliance with BSA travel rules as well as record keeping and retention requirements
- Increases efficiency in transaction documentation process
ATTUS Technologies’ WatchDOG® Wire compliance software provides an all in one experience which will keep your institution compliant with OFAC, BSA/AML and Red Flag Rules. WatchDOG® Wire automates the incoming and outgoing wire processes while also enhancing risk detection, reducing the collective work effort of your employees, and supporting your BSA/AML, Red Flag and other compliance programs.
ATTUS' BSA/AML solution, WatchDOG® Wire, offers these features:
- Creates a full audit trail with archives of relevant data of completed transactions
- Categorizes wires and associated reports by user-defined BSA risk codes
- Serves as an effective tool for suspicious activity monitoring
- Provides user friendly search capabilities of archived information, allowing quick access to transaction information
- In-depth AML reporting tracks and monitors high risk wires, wire funds velocity and wire frequency at specified amounts
Ensure BSA/AML compliance, communicate more effectively with your customers and gain more control over your wire transfers – ATTUS WatchDOG® Wire may be the compliance solution for you.