We've discovered that we can help banks in a variety of ways. Our services fall into these categories:
The objectives of the Vendor Management audit are designed to assess the effectiveness of the institution's risk management process as it relates to the outsourcing of information systems and technology services; determine the effectiveness of policies and procedures in place related to third party vendors and to ensure compliance with laws, regulations, and rulings.
Compliance with the Bank Secrecy Act continues to be a regulatory "hot topic." Non-compliance can result in significant fines, penalties, and reduced regulatory ratings. The BSA/AML, OFAC, and USA PATRIOT Act annual audit is designed to determine whether your bank has established operating standards that ensure compliance with the regulations and to mitigate risk.