I need suggestions on software to help with our AML program and would appreciate anyone's recommendations on a system.

Thanks

I came across this article in Bank Systems & Technology yesterday which is a very reputable source. It is a very good article titled "Building a Better Money Laundering Trap" It should give you some good insight into your question. Not sure how to insert an active link here, so just copy and paste it into your browser. Good Luck

http://www.banktech.com/story/showArticle.jhtml?articleID=163702639

You are going to need to do some research on what systems are appropriate for your institution and how they will interface with your core system.

Some names we looked at include Bankers Toolbox BAM, Global Vision Patriot Officer, Focus Technology ML Detector, Bankers Systems and Prime Associates ML Reporter & EDD Reporter. We went with Prime for several reasons. I felt that a couple others would have been good but I had concerns relating issues outside of the actual software itself.

We are in the process of implimenting the system now.