Wiz Sentri Anti-Money Laundering
  • Wolters Kluwer Financial Services Banner Image
  •  Financial Crime Brochure - 5 - BSA Compliance

    Stay compliant with Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) solutions

    Due to sharp increases in regulatory enforcement today, including cease-and-desist orders and record fines, it is now a top priority for your financial organization to comply with regulations like the Bank Secrecy Act and USA PATRIOT Act.

    Without a comprehensive BSA/AML program, you face the risk of:

    • Costly fines that directly impact your bottom line
    • Legal battles that absorb critical financial and human resources
    • The ongoing impact of declining share value
    • Reputational damage from which it may be difficult to recover

    In addition, the increasing sophistication of money launderers and government regulators demands a more comprehensive response to avoid exposure. If your anti-money laundering program still follows manual processes, you face the risk of rendering it inefficient, inaccurate and, ultimately, ineffective. It is, therefore, necessary for you to plan for a BSA/AML strategy to protect your institution.

    Wiz Sentri™: Financial Crime Control helps you meet this challenge head on

    Developed to provide you with comprehensive real-time monitoring of your organization and its risks, Wolters Kluwer Financial Services state-of-the-art Wiz Sentri: Financial Crime Control solutions presents only real threats as they arise. Products like AML, CTR and AIS  provide you with the ability to address those risks in the most efficient manner.

    Wiz Sentri automates each facet of your BSA/AML compliance program, including:

    • Customer Identification Program (CIP)
    • Enhanced Due Diligence (EDD) processes
    • Suspicious activity detection
    • Case investigation
    • SAR filing

    It successfully eliminates time consuming, inefficient manual processes, increases the effectiveness of your program and staff, and significantly decreases your overall BSA/AML compliance risk.

    Wiz Sentri™: Financial Crime Control solutions deliver comprehensive BSA/AML compliance to your institution

    Minimize your money laundering risks and mitigate losses

    Wiz Sentri™: Financial Crime Control Anti-Money Laundering (AML) module delivers the combined power of profiling and transactional analysis to your BSA/AML compliance program. Its enhanced suspicious activity detection technology is designed to mesh seamlessly with the platform's. The program's included case management and automated SAR creation and filing tools also help you to efficiently and effectively fight money laundering in your institution.   

    AML's functionalities include:

    • Time efficiency: Eliminates time consuming, inefficient manual processes
    • Resources efficiency: Increases the effectiveness of your program and staff
    • Risk reduction: Significantly decreases your overall BSA/ AML compliance risk.
    Currency Transaction Reporting (CTR)

    Currency Transaction Reporting (CTR) solution meets the growing demands of regulators for CTR compliance, supporting, complex aggregation logic for daily cash transactions. It also streamlines operations for back office BSA personnel to enable greater productivity.

    The CTR solution empowers financial institutions with:

    • Rigorous controls for BSA compliance and operational (fraud) risk.
    • Investigative insights.
    • Case management tools for investigative depth and efficiency.
    • Reliability and scalability across the organization
    • Innovative and user-friendly technology

    Learn More.


    Consulting gives you an on-call staff of compliance and software experts to help you stay in regulatory compliance and meet your business goals. Learn More.