Selecting and configuring a new software or electronic program can be a hassle. ARC Risk and Compliance has perfected the processes of installation/implementation, conversions, upgrades, testing, and anything else needed to get your software up and running the way your AML program requires.
 | RFI/RFP Creation and Process Services With pre-generated templates for most major AML products, and a process that helps ensure impartiality, we can help your organization effectively score proposals and make a clear objective decision based on your needs. |
 | Functional Requirements Documentation It is necessary that AML systems be implemented or upgraded correctly the first time; otherwise the resulting system may not function properly, or worse, may result in an MRA or even a look-back. Our extensive experience with complex AML systems means that we will produce documentation that guides a successful implementation and configuration in even the most complicated AML environments. |
 | Business Requirements Documentation A critical component of every project is a clear and concise Business Requirements document. Our AML analysts examine business needs and processes, in conjunction with regulatory requirements, to produce a comprehensive Business Requirements Analysis. This document serves to assist in setting clear and distinct project boundaries and deliverables. In turn, the key stakeholder can confidently sign off on project deliverables. |
 | Implementations/Conversions/Upgrades Whether upgrading, migrating, or employing a new AML system, our extensive experience in implementation, configuration, and training on a broad range of AML systems can be leveraged to lead, or assist, your team in bringing a successful project to completion. |
 | We provide comprehensive testing of your AML systems, including BSA, OFAC, CDD/KYC/BO, and FinCEN 314(a) functions. This service is commonly used to compliment the implementation of new features, interface changes, or software upgrades. |
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