RegSmart

RegSmart is the leading automated solution for BSA/AML compliance, catering to banks, credit unions, and non-bank financial institutions in the US. The secure Amazon Web Services-hosted SaaS creates fully FFIEC-compliant BSA/AML risk assessments and offers audit, exam prep, and best practice analysis in 17 critical BSA/AML areas. This includes new challenges like CDD/beneficial ownership, marijuana related businesses, and digital currency, as well as high-risk areas such as international payments, private and correspondent banking, and complex areas such as KYC/CIP compliance, suspicious activity and SAR practice, and CTRs. RegSmart's customizable narrative reports can be generated in just 30 seconds, making it an efficient and effective compliance solution.