Challenge
The client required robust sanctions support to comply with multiple regulatory requirements, including name and embargo screening, alert resolution, and adherence to strict same-day SLAs. Regulatory oversight included obligations to state authorities, the U.S. Treasury Department (OFAC), the IRS, FinCEN, and partnering financial institutions.
Global Managed Services Approach
AML RightSource deployed a tailored managed services model to support the client’s sanctions screening, KYC, fraud, and transaction monitoring needs. By leveraging a dedicated team in APAC and adhering to strict same-day SLA requirements, AML RightSource ensured comprehensive regulatory compliance and operational transparency across workflows.
Value Delivered
Our partnership with the client has delivered measurable results. AML RightSource successfully handled approximately 80 alerts daily, adhering to same-day SLAs and regulatory requirements. The client maintained secure and compliant operations through detailed documentation and ongoing support, while meeting obligations to OFAC and other regulatory bodies.
AML RightSource’s ongoing partnership with the FinTech MSB has yielded significant results:
Successfully managed 80 daily alerts, ensuring same-day SLA compliance and regulatory adherence.
Delivered comprehensive support across sanctions, KYC, fraud, and transaction monitoring workflows.
Supported secure operations across North America and APAC during the first year of the partnership.
