AML & Compliance: Safeguarding Your Business Integrity
At 7th Avenue Partners (7AVP), we are committed to providing comprehensive solutions for Anti Money Laundering (AML) and Compliance, helping institutions maintain the highest standards of financial integrity. Our menu includes three key sub-menus, each offering specialized services to address various aspects of AML and compliance requirements.
Anti Money Laundering (AML)
Transaction Monitoring: Utilizing cutting-edge TM (Transaction Monitoring) tools, we ensure real-time screening of transactions to detect and prevent potential money laundering activities. Our experts deploy solutions that keep your institution one step ahead of criminal attempts.
KYC / CDD / EDD: Through KYC (Know Your Customer), CDD (Customer Due Diligence), and EDD (Enhanced Due Diligence), we facilitate thorough customer vetting, ensuring compliance with regulatory guidelines and mitigating risks associated with high-risk entities.
Sanctions Screening / Filtering: Our solutions include screening transactions against multiple international sanctions lists and watchlists, such as OFAC, UN Sanctions, EU Terrorism List, and more, ensuring your institution remains compliant and protected.
314a Screening: We offer 314a screening solutions, enabling you to identify and report potential matches with the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) list.
AML Tools: Leveraging industry-leading products like Actimize, Oracle, SAS, and Accuity Fircosoft, we provide robust AML tools to streamline compliance efforts.
BCBS-239 Regulations: Our risk management team has extensive knowledge and experience in adhering to BCBS-239 regulations, ensuring that your institution has a robust risk management framework.
CCAR-Basel III & IV Recommendations: We assist in implementing CCAR (Comprehensive Capital Analysis and Review) and adhering to Basel III & IV recommendations, ensuring your institution meets capital adequacy requirements.
Dodd Frank Act Stress Tests: Our experts provide support in conducting Dodd Frank Act Stress Tests, helping you assess the resilience of your institution against adverse economic conditions.
Oil and Gas: For institutions in the oil and gas sector, our experts in oil & gas engineering and operations management offer tailored solutions for data-driven decision-making.
Data Migration & Cloud Computing: We specialize in data migration and cloud computing, ensuring seamless data integration and compliance with advanced security measures.
Data Consulting: Our data consulting services provide invaluable insights and investigation advice, empowering institutions of all sizes with data-driven strategies.
Reg Compliance: We take the guesswork out of industry-specific regulatory compliance mandates, allowing you to focus on what you do best.
Data Preparation: Our experts clean, organize, and optimize raw data, preparing it for analysis and customized reporting.
Model Generation: We assist enterprises in optimizing data flow and harnessing the power of data modeling to achieve more with their information.
At 7AVP, we have a large international team of subject matter experts dedicated to designing tailored AML and compliance solutions to achieve your company’s goals. From transaction monitoring to risk management and compliance, we offer technological innovations and expert guidance to safeguard your institution’s financial integrity.