Your financial institution and risk profile are unique, and you deserve a powerful anti-money laundering software that matches that. BAM+ adjusts to your specific needs to better detect, manage, and resolve suspicious financial activity. Don’t settle for out of the box. Think bigger.
Bank Secrecy Act & Anti-Money Laundering Software
Your institution is unique.
Your BSA/AML software should be, too.
The BAM+ Difference
Risk profiles are like fingerprints in that no two are the same. BAM+ is anti-money laundering software that is configurable to your institution's unique customers, risk profile, tolerance levels, location, and needs. You'll benefit from better detection and faster resolution of the truly suspicious activity in your institution.Play Video
Features and Functionality of BAM+
All the financial crime-fighting power you need in one AML case management platform.
Our anti-money laundering software allows you to streamline, manage, and report on everything in your program from one location. With BAM+, you get end-to-end AML case management, scenario analysis, fraud, OFAC and watchlist screening, PEP Scanning, front-line reporting of questionable activity, customer due diligence, and direct-file CTRs and SARs.
Ensure customer and transaction data feed into the AML case management system correctly.
Direct File to FinCen
File CTR and SAR batches directly to FinCEN to save time.
Automated Risk Rating
Customize your risk tolerances and automatically apply them across your BSA program.
Harness and combine data to gain insights and a bigger perspective into your program.
Use our advanced screening to identify alerts on scanned watchlists.
Machine Learning Scenarios
Uncover anomalies and gain valuable insights about your customers or members.
Customer Due Diligence
Keep your due diligence program compliant and efficient with DDM.
Manage your risk with CRBs on your own terms with current CRB data.
Risk Based Calibration
and Documentation (RBCD)
Calibrating your system for your unique risk profile reduces false positives and gives you the confidence in exams to show regulators you know and understand your customer base and AML software.
Assess potential alerts for active scenarios with above-the-line and below-the-line testing. Fine-tune these parameters to ensure a comprehensive analysis and enable precise calibration and optimization of your institution's risk detection capabilities.
Advantages of BAM+
AML software is more than just detection.
We are committed to helping you create a stronger and more efficient BSA/AML program. Through our AML case management system's transparent algorithms, Abrigo helps reduce false positives, uncover statistical anomalies, and identify patterns that help you catch criminal activity.
Integrated Systems with Abrigo
Ensuring success at onboarding and beyond.
From the day you join the Abrigo family, our goal is to make sure that your product and program are running efficiently and you feel supported. The Abrigo Assurance Plan, paired with our Advisory Services team, ensures that you get the support you need throughout your journey.
Resources on BSA/AML
Managing 4x Alerts with the Same Staff
Success Story by Evans Bank
With significant growth comes a significant amount of alerts. By partnering with Abrigo, BAM+ increased Evans Bank's efficiency and streamlined their case management process to allow them to handle 4 times their previous alerts without hiring additional staff.
AI Scenarios Strengthen BSA Programs
Blog on Artificial Intelligence
Expand your monitoring capabilities and ability to communicate them to a regulator. Abrigo has introduced five scenarios to BAM+ that utilize artificial intelligence (AI) and machine learning (ML) to help BSA departments catch more suspicious activity.
Reducing False Positives with BAM+
Success Story by Texan Bank
BAM+ drastically reduced Texan Bank's false positives and streamlined their BSA processes. With improved reporting, SAR/CTR filing, and less manual work, Texan Bank can now focus on the cases that matter.