ARC Risk and Compliance is a consulting company comprised of a team of AML Specialists completely focused on anti-money laundering compliance and the technologies used to support compliance programs. We have hired, trained and dedicated our team to AML compliance. We specialize in BSA and Transaction Monitoring, OFAC and Sanctions Screening, KYC, CDD, EDD, 314(a), and other related services.
Our unique process combines expert technology and compliance resources when delivering AML consulting services. We bridge the communication gap between IT and compliance with the help from our technology industry leaders in design and development of AML software products and our skilled staff consisting of former regulatory and banking executives. Our central focus is to ensure our professionals can fluently speak the languages of AML and IT to provide the best, comprehensive solutions.
All of our services consist of a four-pronged methodology. We understand that risk is the most important thing to a financial institution, therefore, all of our services take a risk-based approach. All of our services include our Tri-Ally; for our clients, that means they receive a dedicated project manager, a compliance expert, and a technical expert regardless of the type of project we were hired to complete. All of our services leverage a technological component; meaning, we include technology to support and augment staff. This maximizes the value of our service whether it’s a proprietary software or a prepared analysis code. Finally, our services go through a rigorous quality control process. We include a Standards Review to ensure clients and ARC Risk and Compliance are stating things factually, a Regulatory Review to ensure each deliverable will satisfy regulators, and lastly, an Operational Review to ensure all parties are satisfied.