In the aftermath of the September 11 terrorist attacks, it became clear that the federal government intended to mandate compliance with regulations related to the identification and reporting of suspicious financial activity, specifically criminal and terrorist-related, conducted through regulated financial institutions.

Our company was founded on the principle of assisting our clients’ compliance efforts with the ever-evolving regulatory requirements to know their customers and to identify and report suspicious activity. Initially our focus was on outsourced AML managed services; supplying trained analysts to help clients with special projects, with regulator-mandated corrective actions, or with the resources to meet expanding needs on a business as usual basis.

As demand for these services continued to grow, so too did AML RightSource’s foundational expansion. From this foundation, we were able to provide solutions that included a host of financial crime advisory services. Delivering industry experience and subject matter expertise we have grown to assist clients with compliance program issues, industry leading financial crimes solutions and best practices, risk management, and industry benchmarking.

Through our experience, we recognized that to provide our clients with end-to-end solutions we needed to broaden our expertise and geographic footprint. This prompted a series of strategic merger partnerships that brought with it expanded advisory capabilities, technology resources, a global geographic presence, and a broadened the client base. Through organic expansion and the addition from our merger partners, the company has grown to more than 2,500 team members around the globe.

As we’ve continued to grow, plenty has changed, but our mission to help fight financial crime for our clients and the world remains at the core of what we do. We are elated to continue to expand our resource offerings, capabilities, and global presence while elevating our ability to serve our clients at the highest levels, partnering with them on both their future growth, as well as our own.

  • 2004

    Founding of the firm

  • 2007

    AMLRS gains first customer

  • August 2016

    Financial Crimes Advisory Service starts

  • October 2016

    AMLRS opens Phoenix, Arizona office

  • February 2017

    AMLRS opens Hudson, Ohio office

  • August 2017

    Clarion Capital Partners Investment initiated

  • January 2018

    AML University internal training program is launched

  • February 2018

    AMLRS welcomes John Byrne

  • January 2019

    AMLRS welcomes Chuck Taylor

  • March 2019

    AMLRS opens Buffalo, New York office

  • May 2019

    AMLRS opens Mississauga, Ontario office

  • February 2020

    AMLRS opens Highland Hills office

  • January 2021

    AMLRS Acquires Vantage GRC Solutions

  • March 2021

    AMLRS Acquires Arachnys Information Services Limited

  • March 2021

    AMLRS Acquires Passcon GmbH

  • July 2021

    AMLRS Acquires Blue Umbrella Limited