Implementation of AML and OFAC systems

The process of implementation is probably one of the most important exercises a Compliance department will complete when setting up any computerized solution. The data available, its format, data mapping, mapping across multiple products and/or providers, the rules and/or limitations of the solution, a bank’s data infrastructure, the desired reports, etc, all of these are integral variables in the process of implementation. The staff at McAdams Group has completed implementations around the world, working with various platforms, core systems and vendor solutions.