6,330

18,004

 


"Tackling new projects takes a lot of time and effort. But with cbanc, this is a solution that gives me real work savings. Using the cbanc Network doesn't take up my time, it gives me my time back."

Rich Moldenhauer
Flagship Bank Minnesota

 
 
BSA/AML Vendor Selection RFP
Contributed by:Compliance/BSA/Legal
Asset size: Bank with over $1b
Location: Southwest
Description: 17 section, 214 question comprehensive Request for Proposal (RFP) for BSA/AML transaction surveillance/monitoring system. Successfully used in 2007 to determine vendor selection for BSA system replacement at a 5 billion commercial bank. RFP sections include: • Vendor Information • General Solution/KYC Features • Customer Risk Assessment • Behavioral Monitoring Capabilities • Customer/Account Based Scenarios • Alert Management Features • Workflow Management Features • Audit Capabilities • Security Features • Data Management • Supported Platforms • Implementation & Services • Training & Education • System Maintenance and Support • Upgrades and New Releases • Vendor Personnel • Solution Pricing

SIGN UP TO DOWNLOAD


MORE PEER CONTRIBUTED DOCUMENTS:

107 Documents 48 Answers 69 Exam Watches 17 Vendor Reviews

BSA/AML Transaction Monitoring Vendor RFP
Asset size: with over $1b
Description: 17 section, 214 question comprehensive Request for Proposal (RFP) for BSA/AML transaction surveillance/monitoring system. Successfully used in 2007 to determine vendor selection for BSA system replacement at a 5 billion commercial bank. RFP sections include: • Vendor Information • General Solution/KYC Features • Customer Risk Assessment • Behavioral Monitoring Capabilities • Customer/Account Based Scenarios • Alert Management Features • Workflow Management Features • Audit Capabilities • Security Features • Data Management • Supported Platforms • Implementation & Services • Training & Education • System Maintenance and Support • Upgrades and New Releases • Vendor Personnel • Solution Pricing
BSA/AML Policy
Asset size: with under $250m
Description: This includes the BSA/AML Policy and the BSA Risk Assessment is attached as Exhibit A.
BSA Manual Chenges
Asset size: with between $500m - $1b
Description: Changes 2010 BSA/AML Manual


RELATED QUESTIONS AND ANSWERS:
Q
UPDATED BSA/AML POLICY WITH MSB UPDATES
Asked by: AVP,‚ Compliance/BSA/Legal
Asset size: Bank with
Location:MI

Does anyone have an updated BSA/AML policy that reflects the new definitions for MSB categories and provider or seller of prepaid access. I could use some guidance.
A
Answered by:
Asset size: Bank with
Location:

...
Q
Security Case Management System?
Asked by: CTO,‚ Technology
Asset size: Bank with
Location:NH

Does anyone have a good security case management system which they would recommend? We would like a program which would assist us in maintaining information about the various security or fraud cases we are working? This would include electronic storage of all documents, keeping track of to do items, action taken, etc.
A
Answered by:VP, ‚ Compliance/BSA/Legal
Asset size: Bank with over $1b
Location: NJ

Our BSA Software has a case management module so if you have BSA software you may want to...


RELATED EXAM EXPERIENCES:
FRB - BSA/AML | October 2013
exam experience posted by a SVP‚ Compliance/BSA/Legal from member with over $1b in assets
None
OCC - IT | October 2011
exam experience posted by a SVP‚ Technology from member with between $250m - $500m in assets
Several on Virtualization
State Regulatory - IT | November 2011
exam experience posted by a EVP‚ Finance/Investments from member with under $250m in assets
They thought our Pandemic Influenza Policy needed to be expanded. We have a good ploicy (we thought), but they were looking for something more comprehensive and detailed about what things we would do in specific event happenings.

RELATED VENDOR REVIEWS:
Patriot Officer
GlobalVision Systems
BSA/AML/OFAC Solution
Cardinal Software
AML Transaction Monitoring
AML RightSource
AML Manager (formerly NetEconomy)
Fiserv
Vendor Compliance Manager
RISC Associates

 
 

GET INVOLVED