Improve your AML program with better systems and controls

Strengthen your Anti-Money Laundering (AML) program with FinScan’s AML consulting services. Our regulatory and solutions experts will conduct a thorough stress test of your AML technology, procedures, and controls, identifying potential weaknesses and ensuring full compliance with regulatory requirements. Contact us today to minimize your risk exposure and improve your AML program effectiveness.

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Get a wide range of regulatory, technology, and data experts on your team

Compliance risk managers need to keep pace with the ever-changing landscape of AML compliance regulations. Having a trusted advisor to help navigate the twists and turns of today’s regulatory requirements is essential to not only meeting those requirements, but also to shifting compliance risk management from a series of constraints to guardrails on the road to achieving business value.

Stephen Marshall
Head of Advisory Services
Stephen Marshall brings 40 years of compliance and internal audit experience to provide clients with comprehensive risk management services in the area of AML and Sanctions. Steve has been in both industry and consulting serving the needs of financial institutions. Steve’s experience includes managing large scale sanctions investigations, full-scope internal audits of AML/CFT programs, large model risk management and model validation programs at both foreign and domestic financial institutions, ongoing Know Your Customer (KYC), transaction monitoring and transaction screening projects, AML/CFT training programs, and development and implementation of innovative technical solutions to meet AML/CFT compliance requirements.
Brian Markham
Senior Vice President of Engineering
Brian has been a key player in developing and refining the company’s suite of customer data integration, data management, and AML compliance products since 1992. He has extensive expertise in merging AI engines and data management products to deliver cutting-edge technology, such as high performance, in-memory payment transaction screening solutions. With over 20 years of management experience, Brian is responsible for overall product lifecycle and vision, including product management, user experience design, development, and quality assurance.
Héctor Córdova
Global Data Quality Consulting Director
Hector Cordova is a data quality expert with over 25 years of experience, dedicated to helping companies improve their data quality for compliance in a variety of industries. Throughout his career, Hector has worked with companies in industries such as banking, insurance, healthcare, and automotive to develop and implement data quality processes that ensure accuracy, consistency, and completeness of data. Hector's expertise includes data governance, data profiling, data cleansing, data deduping and data enrichment, and he is skilled in using a variety of data quality tools and technologies. Hector holds a Bachelor's degree in Computer Science from the Instituto Politécnico Nacional of Mexico, and he continues to stay up-to-date with the latest trends and advancements in the data quality field. He is passionate about helping companies realize the value of their data and the importance of maintaining high-quality data throughout the enterprise.
Stephen Marshall
Head of Advisory Services
Stephen Marshall brings 40 years of compliance and internal audit experience to provide clients with comprehensive risk management services in the area of AML and Sanctions. Steve has been in both industry and consulting serving the needs of financial institutions. Steve’s experience includes managing large scale sanctions investigations, full-scope internal audits of AML/CFT programs, large model risk management and model validation programs at both foreign and domestic financial institutions, ongoing Know Your Customer (KYC), transaction monitoring and transaction screening projects, AML/CFT training programs, and development and implementation of innovative technical solutions to meet AML/CFT compliance requirements.
Brian Markham
Senior Vice President of Engineering
Brian has been a key player in developing and refining the company’s suite of customer data integration, data management, and AML compliance products since 1992. He has extensive expertise in merging AI engines and data management products to deliver cutting-edge technology, such as high performance, in-memory payment transaction screening solutions. With over 20 years of management experience, Brian is responsible for overall product lifecycle and vision, including product management, user experience design, development, and quality assurance.
Héctor Córdova
Global Data Quality Consulting Director
Hector Cordova is a data quality expert with over 25 years of experience, dedicated to helping companies improve their data quality for compliance in a variety of industries. Throughout his career, Hector has worked with companies in industries such as banking, insurance, healthcare, and automotive to develop and implement data quality processes that ensure accuracy, consistency, and completeness of data. Hector's expertise includes data governance, data profiling, data cleansing, data deduping and data enrichment, and he is skilled in using a variety of data quality tools and technologies. Hector holds a Bachelor's degree in Computer Science from the Instituto Politécnico Nacional of Mexico, and he continues to stay up-to-date with the latest trends and advancements in the data quality field. He is passionate about helping companies realize the value of their data and the importance of maintaining high-quality data throughout the enterprise.
Advisory service

FinScan's AML program optimization focuses on 6 key areas

Partner with us to develop a world-class AML program that sets a new standard in compliance excellence. With decades of software development experience and regulatory subject matter expertise, we bring the perfect blend of skills to establish a strong culture of compliance across all dimensions of your AML program. Let us be your guide in identifying and mitigating financial crime risks, ensuring that your organization stays ahead of the curve and always meets its regulatory obligations.

1. Regulatory alignment
Understand your business’s regulatory requirements and operational risks. We help you create an implementation roadmap based on your unique risk profile, appetite, strategic goals, and timelines.
2. Risk metrics
We help you define Key Risk Indicators (KRI) for your organization’s product portfolio, customer base, geographical outreach, overall risk appetite and other critical risk variables. In implementing KRIs, we also audit data quality to assess the accuracy and completeness of the risk variables.
3. Risk model
By assessing and configuring your risk scoring model, we can ensure that you are monitoring the right criteria and applying an appropriate weighting to each of them. We work with you to define what you need to model, what data attributes to capture, how to monitor the quality of your data, and how to configure, test and continuously adapt your model.
4. Risk mitigation
Set up an effective controls framework to mitigate financial crimes risk within your established tolerance levels. We help you ensure your controls are aligned with the risks your organization faces with complete documentation of your risk mitigation efforts – from configuration, user rights, reporting, alert generation and remediation to escalation workflows and training certifications.
5. Performance control
Simulate risk output for your control framework to check the performance and accuracy of the model. Add, edit or modify risk variables and their associated weights to ensure that the framework detects risk as per tolerance levels to protect your business from high-risk customers.
6. Data quality
Incorporate data governance, data lineage and data controls into your AML program. Understand accuracy and completeness of key data elements feeding in your control framework and ensure quality data from the time of capture through transformation and final use.

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