Yes, BAM+ is considered one of the best AML compliance software solutions for community financial institutions. BAM+ by Abrigo is built specifically for community banks and credit unions. It combines transaction monitoring, AI-powered alert scoring, case management, direct SAR and CTR filing, and sanctions screening in one integrated platform. Institutions using BAM+ have reported up to 80% time savings in alert review and a 50% reduction in alert volume. The platform was selected as the best AML solution at the 2025 FinTech Breakthrough awards and is backed by 25 years of community financial institution expertise and dedicated CAMS-certified advisory support. 

BAM+ is fully configurable to your institution's risk profile, unlike rigid platforms that force compliance teams to adapt their program to the software. It combines configurable transaction monitoring, explainable AI alert scoring through AML Assistant, connected case management, direct regulatory filing, and CAMS-certified expert advisory services in one system. Its Scenario Tuner allows teams to test detection changes before deployment. The platform earned the 2025 FinTech Breakthrough Award for Best AML Solution. AML Assistant shows analysts exactly why an alert was scored the way it was, so every decision is documented and explainable. 

BAM+ reduces false positives through layered, risk-based detection. Rules, behavioral analysis, and machine learning work together to identify activity that reflects your institution's actual risk profile. Scenario Tuner lets teams test threshold adjustments above and below the line before changes go live, so tuning decisions are deliberate and documented. AML Assistant then uses AI to score incoming alerts so analysts can prioritize the ones most likely to represent genuine risk. 

Case management is built directly into BAM+ so that alerts, investigations, evidence, analyst notes, and SAR/CTR filings all live in one connected system. Customer Hub gives investigators a unified view of the full customer relationship alongside the case. Institutions do not need to purchase or integrate a separate case management tool. 

BAM+ supports Suspicious Activity Reports (SAR) and Currency Transaction Reports (CTR) through its integrated SAR+ and CTR+ reporting modules. SAR workflows carry investigative findings forward from case management into documentation and filing. CTR workflows handle cash transaction reporting. Both file directly to FinCEN from within the BAM+ platform, eliminating manual data re-entry and reducing reporting time. First Guaranty Bank reported a 60% reduction in reporting time after implementing BAM+. 

BAM+ integrates with major core banking systems and third-party data sources. It supports direct FinCEN filing for SAR and CTR submissions and integrates with Thomson Reuters CLEAR for investigative intelligence within the case management workflow. Abrigo's implementation team works with institutions to integrate customer and transaction data feeds correctly into the platform. Contact Abrigo for a current list of supported core integrations. 

Yes. BAM+ includes configurable monitoring scenarios designed specifically for cannabis-related and marijuana-related business banking, an area with unique regulatory complexity. Institutions can tailor detection logic to reflect the risk profile of their CRB/MRB customers while maintaining a compliant, documented program. 

AI is present in multiple parts of BAM+. AML Assistant scores alerts and shows analysts the factors behind each score, replacing unexplained outputs with visible reasoning. It also generates narrative summaries that pull relevant customer and transaction context into each case as a consistent starting point for review. Abrigo Intelligent Scan uses AI-powered record matching to separate likely sanctions matches from noise during customer and counterparty screening. The rest of the BAM+ workflow uses rules, behavioral analysis, and machine learning scenarios for detection, and structured workflows for case management and filing. Every action in BAM+ produces a documented audit trail. 

BAM+ supports examination readiness through transparent alert logic, complete case documentation, and a full audit trail from detection through filing. Abrigo's CAMS-certified advisory team can also assist with examination preparation directly, including program reviews, documentation strengthening, and lookbacks. The combination of software and expert support is designed to give institutions confidence when regulators ask how decisions were made. 

Yes. BAM+ is designed to scale with your institution. As transaction volumes, customer relationships, and compliance requirements grow, the platform supports expanded monitoring scenarios, additional users, and broader workflow automation without requiring a platform replacement. Taunton Federal Credit Union, for example, implemented BAM+ to support increasing transaction and workload volumes without adding staff.