BSA/AML and OFAC Risk Assessments
Meet FFIEC guidance and evolving regulatory emphasis
Identify relevant inherent and residual risks based on evaluation of the effectiveness of existing mitigating controls
Provide customized and consistent methodology driven by technology through our exclusively licensed web based application
We use proprietary licensed tools to produce a technological framework for validation that meets the evolving regulatory emphasis and brings efficiency to the process.
Assessment of conceptual design
Transaction code mapping
Outcome analysis - alert and rule verification
Cannabis Banking Program
Turn-Key Risk Management Solution includes:
Policies, Procedures and Forms
Technology Based EDD Reviews
Customized Risk Assessments/Matrices
Digital Payment Solution
Penetration Testing and Vulnerability Assessments
Identify areas susceptible to outside attacks
Simulate hacking to assess potential exploits
Utilize proprietary and commercial tools
Meet regulatory requirements including DFS Part 500
Identify risk rated vulnerabilities and required corrective action
Risk Assessment (IT and Cybersecurity)
Meets FFIEC, GLBA and DFS Part 500 requirements
Uses a systematic proprietary process which quantifies inherent and residual risks
Use of our Subject Matter Experts further enhances the output of the exclusively licensed web based application
This secure web based application, powered by
and exclusively licensed by acxell, is ready to help your institution improve the sophistication of your current ALLL calculation, plan for CECL adoption, and implement the new CECL requirements.
Independent Loan Review
Our experienced Subject Matter Experts customize an independent loan review function tailored for your specific needs and budget. We license the
to deliver a concise, consistent and transparent loan rating process.
CECL Model Validation
Given the complexity of the CECL calculations, most institutions have recognized the need for a third party software application such as CECL360
. The validation of the utilization of a CECL application by a financial institution is an essential step to ensure that it is performing as expected. Our experienced and knowledgeable Subject Matter Experts understand the intricacy of a CECL application and use a four prong approach as suggested by Interagency Guidance for all model validations.
Demo CECL 360
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P&G Associates is now acxell
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