Bank Secrecy Act Anti-Money laundering BSA AML OFAC Risk Assessment Enterprise Risk Management Software Application Wire Review Banking Regulatory Compliance Reports Reporting
ERMtools™ is a software application designed for banks to effectively identify and assess areas of potential risk with respect to BSA/AML/OFAC compliance. ERMtools™ is structured in accordance with the criteria for risk analysis as specified by the FFIEC manual, and easily integrates with your bank’s native Currency Banking Retrieval Systems (CBRS) and/or Currency Banking Query Systems (CBQS).
It's as easy as 1 2 3 ...
 
Easy
Installation
Instant
Integration
Powerful
Reporting
Our goal is to minimize (if not eliminate) the manual steps required to generate thorough and accurate BSA/AML reports. As such, we won’t ask you to read a pile of documentation and figure out configuration on your own. Our experts will pre-configure and test your institution’s customized ERMtools™ version. All you have to do is install ERMtools™ via the provided CD as you would any other software application.

In most cases, ERMtools™ can be fully installed and ready to roll in less than an hour!
ERMtools™ integrates seamlessly into your environment. We create custom data maps for each institution, enabling ERMtools™ to easily import your bank’s data in its raw form. That means you will not have to worry about manually mapping or configuring your institution’s data. Produce your BSA/AML/OFAC Risk Analysis across multiple lines of business; including Demand Deposit Accounts, Savings Accounts, Certificates of Deposit, Lending Accounts and Wire (Fund Transfer) activity. Segregated analysis by account types: Personal, Commercial.

Analyze account data by country/jurisdictional regions. Filter reports by country risk levels as determined by the Office of Foreign Asset Control (OFAC).

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