Regulatory Compliance Assessment
A systematic evaluation of an organization's adherence to relevant laws, regulations, standards and internal policies, tailored to specific needs and regulatory requirements.
Compliance Risk Assessment for BSA/AML
Involves the systematic identification and evaluation of various risks associated with money laundering and terrorist financing activities within a financial institution.
NYDFS Part 504 Model Validation
We have a comprehensive understanding of OCC 2011–12, SR 11–7,DFS–504 guidelines and Model validations which serve as critical components of monitoring,financial institution’s Bank Secrecy Act/Anti-Money Laundering (BSA and AML) risk.
Compliance Systems - Implementation, Testing and Optimization
UpwardIQ will implement strong AML monitoring and sanctions filtering systems to mitigate risks. We will assess current detection rules, customize scenarios and perform thorough testing of existing thresholds.
Regulatory Compliance Testing Professionals
UpwardIQ offers solutions for banks to develop and execute Compliance product testing plans, assessing adherence to regulatory requirements. Our expertise includes experience with products like Actimize, Prime Compliance Suite, BAM+ and Surety.
Lookback and Remediations
A financial institution with gaps in its AML monitoring may have overlooked suspicious transactions, underscoring the necessity for a lookback project.
Transaction Review
UpwardIQ performs thorough historical transaction reviews to ensure regulatory compliance and mitigate risks, analysing past transactions for irregularities or patterns indicating compliance issues.
Data Analytics
UpwardIQ enhances risk management with advanced data analytics and trend analysis of transactions.
On-Demand
On-Demand Staffing Services grant organizations the agility to engage highly skilled professionals precisely when required, including support across multiple regions. This strategic approach enables businesses to swiftly adapt to shifting demands, execute projects with precision, and ensure operational continuity without the long-term commitments associated with permanent positions. By leveraging a diverse talent pool, organizations can effectively navigate geographical challenges and enhance their operational capabilities in a global market.
Engage Educate Employ (EEE MODEL)
In today’s dynamic workforce environment, organizations must take a comprehensive approach to talent development to ensure long-term success. The process of engaging, educating, and employing individuals is essential not just for recruitment, but for fostering a culture of growth, retention, and productivity. We offer EEE Model across technologies.