BISYS Offers Bank Clients Access to Atchley Systems Anti-Money Laundering Solutions

Friday 25 June 2004 14:57 CET | News

Bankers Systems has expanded its relationship with The BISYS Group. BISYS has enhanced its ABA-endorsed core processing platforms to enable Atchley Systems, a Bankers Systems company, to provide BISYS clients with Atchley Systems newest anti-money laundering (AML) solution COMPLY/AML.Officially launched by Atchley Systems in January 2004, COMPLY/AML helps organizations comply with the reporting and monitoring requirements of the Bank Secrecy Act and the USA PATRIOT Act. The service is delivered through an Application Service Provider (ASP) format, which allows Atchley Systems to make its AML tools accessible to a greater number of organizations by eliminating the need for specific hardware. Through its new COMPLY/AML service, Atchley Systems offers BISYS clients and other financial organizations access to several of the companys established AML systems that help meet the reporting and monitoring requirements of the Bank Secrecy Act and USA PATRIOT Act -- including COMPLY/CTR, COMPLY/WIRE, COMPLY/SAR, and COMPLY/kyc. Nineteen of the 25 largest commercial banks in the United States use one or more of these Atchley Systems AML solutions today.

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Categories: Payments & Commerce | Payments General
Countries: World
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Payments & Commerce