ACAMS Risk Assessment

ACAMS Risk Assessment is a web-based tool that helps financial institutions measure and explain their exposure to money laundering. It is aimed at institutions around the world, from community banks to large international groups.

The platform replaces manual assessment work with an automated process built on a methodology drawn up by anti-money laundering specialists.

What ACAMS Risk Assessment offers

• Automated risk scoring — residual risk scores that cope with simple and complex institutions alike.
• Control evaluation — internal controls and their effectiveness are mapped against guidance from regulators and other authoritative bodies.
• Multi-user assessments — several people can assess risk across business lines, locations and other criteria.
• Reporting — summaries and full reports with tables and charts, ready to show examiners and board members.
• Broad risk coverage — looks at products, higher-risk customer types and geographies, plus suspicious activity from structuring to fraud and terrorist financing.

Who it works with

Financial institutions of all sizes that must show regulators a consistent, documented view of their AML risk.

Key facts

• Delivery: web-based platform
• Method: globally standardised assessment methodology
• Output: presentation-ready reports and scoring