AML SCENARIOS CONSULTANCY

Risk based

AML Scenario Optimization

Our model, which includes experienced professionals who have mastered AML technology and have deep AML knowledge, ensures that your institution manages and maintains a robust process for establishing AML scenarios.
AML SCENARIOS CONSULTANCY

AML Scenarios

Why Important?

A suspicious transaction system based on outdated scenarios can lead to damage to corporate reputation and severe financial sanctions. Compliance penalties imposed on international banks in recent years have once again demonstrated the importance of having a robust AML compliance system in place.

So, do not take any risk in reviewing and implementing AML scenarios and use qualified AML experts for efficient algorithms who have organizational knowledge and also have professional experience and field knowledge.

HOW OFTEN?

How often should AML scenarios be reviewed?

ANNUALY

A high-level compliance program should include monitoring and performance evaluation of the organization's AML scenarios annually.
AML SCENARIOS CONSULTANCY

Data Analytics with

AML Expertise

Our model, which includes experienced professionals who have mastered AML technology and have deep AML knowledge, ensures that your institution manages and maintains a robust process for establishing AML scenarios.
01. Analysis Phase
Data are analyzed to identify behavioral patterns, performance analysis of rules and scenarios (ATL, BTL tests, AML Red Flag gap analysis, worst-case scenario analysis, scenario logic review, threshold review) are performed, new trends and typologies are defined.
02.Typology Stage
Behavioral patterns are identified, demographic information and profile definition are established.
03. Strategy Phase
The detection strategy options are identified, the options are tested with queries, and a strategic plan is created.
04. Scenario Stage
Test rules and scenarios are created and executed on the data sets specified in the strategy.
05.Test Phase
The scenarios are tested, after the deficiencies are found and corrected, they are tested again and the scenarios are finalized.
06. Workflow Phse
Workflows and procedures are created for the compliance unit and operational units and existing workflows and procedures are revised.
07. Implementation Phase
The changes made are implemented by the system.
08. Monitoring Phase
Performance is monitored to detect typology changes.
"Resources allocated to AML compliance in large banks in the U.S. have increased tenfold in the last 5 years."

McKinsey & Co.

AML SCENARIOS CONSULTANCY

How can we help you?

The Main Advantages

Effectiveness

Following AMLTHINK's risk-based approach will increase the effectiveness of your AML rules and scenarios, and you will be confident in defining all scenarios covered by global and local regulations.

Productivity

We help you increase the efficiency of your compliance unit by implementing appropriate risk-based scenarios.

Experience

Our practice and experience-based data analysis helps you determine or adjust your thresholds based on risk.

Integration

We enable you to evaluate gaps in your current transaction monitoring practices and processes and integrate you into the current and potential future technology environment.

AML SCENARIO OPTIMIZATION

Why

AMLTHINK

System assurance

Your AML scenarios will be under AMLTHINK System Assurance. If you have any problems, you can contact AMLTHINK for support.

Technical experience

Practice and experience-based AML and data analytics expertise and experience working with all financial institutions and managing various AML products.

Compliance status analysis

By seeing the performance status of your AML scenarios, you will be informed of the actions to take.

AMLTHINK expertise

Analysis and expertise in country and city risks, crime profiling, crime patterns and field experience in risk.

Keeping up-to-date

You are up to date on local and global AML regulations and requirements.

Confidence

In providing compliance services, AMLTHINK follows a systematic, methodology-based, and transparent process, with its team having technical experience in AML/CFT.