AML

ACA AML and Financial Crime

ACA Telavance provides a range of anti-money laundering (AML) and financial crime services that is unique among its peers. As part of ACA Compliance Group, we are positioned to provide extensive advisory and technology solutions to assist financial institutions in addressing their regulatory concerns. We work closely with Chief Risk and Compliance Officers to understand their unique challenges, propose innovative solutions, and implement recommendations and best practices.

Identity Access Support and Solutions

Identity and Access Management (I&AM) and Privileged Access Management (PAM) include provisioning, recertification, internal transfers and offboarding user access to an organization’s technology resources. Corporate and departmental user groups consist of employees and sometimes include external connectivity to customers and vendors.  As a result, the complexity of account management processes increases depending on the level of risk associated with the particular user role being provisioned.
 

DFS 504 – Developing a Sound Risk-Based Transaction Monitoring Program

On June 30, 2016, the New York State Department of Financial Services (“DFS”) issued a Final Rule (Regulation 504) requiring regulated institutions to maintain “Transaction Monitoring and Filtering Programs.”  The Final Rule applies to all banks, trust companies, private banks, savings banks, and savings and loan associations chartered under New York Banking Law and all New York-licensed branches and agencies of foreign banks.  The Final Rule requires that regulated institutions have Transaction Monitoring and Sanctions Filtering Programs that are “reasonably desi

Our Team

ACA Telavance provides a range of anti-money laundering (AML) and financial crime services that is unique among its peers. Our team of professionals has over 25 years of experience developing and implementing AML solutions. As part of ACA Compliance Group, we are positioned to provide extensive advisory and technology solutions to assist financial institutions in addressing their regulatory concerns.