Anti-Money Laundering

The Anti-Money Laundering (AML)/ Bank Secrecy Act (BSA) compliance landscape is ever-expanding and changing. As new and evolving regulations and increased regulatory scrutiny are increasing compliance pressures on financial institutions, the financial and reputational impact of non-compliance emphasizes the need for companies to increase visibility over their risks.

Business leaders must move their organizations forward and continue to innovate while mitigating risk in the midst of this complex and evolving AML compliance environment. CrossCountry’s specialized team helps clients meet the challenge of striking the right balance between risk mitigation and risk taking.

Navigating AML Regulations Through Models

The Anti-Money Laundering (AML)/ Bank Secrecy Act (BSA) Compliance landscape is becoming increasingly reliant on quantitative models . The trend across all aspects of AML risk management is toward greater analysis and statistical validation of models and processes.

Today’s AML model landscape includes transaction monitoring (TM) models which detect suspicious activity within cashflows, as well as watchlist monitoring models to screen against sanctions lists (e.g., politically exposed persons [PEP]; the Office of Foreign Assets Control [OFAC] list).

Our Services

CrossCountry Consulting’s team has extensive industry experience, including a combination of financial services, compliance, data analytics and AML subject matter expertise.


Assessment of BSA/ AML risk profile; review of AML Compliance policies and DFS Part 504 program


Provide project management expertise; oversee AML system selection; coordinate issue resolution with stakeholders

Data Validation &
Model Testing

Assess data quality and accuracy; ensure that model output is as expected; review model documentation

Model Design,
Development & Tuning

Propose new scenarios/ enhancements; incorporate statistical techniques with established sampling methods

Model Performance

Develop and monitor Key Performance Indicators (KPI) to monitor performance using data visualization dashboards


Leverage Robotic Process Automation (RPA) to automate recurring tuning processes and alert to performance variations

Meet Our AML Leadership Team

AML Leadership
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Partner Lead

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