About

VALUE PROPOSITION

We are a specialty consulting advisory firm assisting our clients in the satisfaction of regulatory mandates and mitigation of financial crime risks. Execution of robust quality assurance (QA) analyses supported by the utilization of advanced technology applications provides the basis for the identification of risk mitigation strategies.

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METHODOLOGY

We adopt a collaborative approach with the client in determining the priority of the area(s) to be scheduled for review in the consulting engagement based on the annual risk assessment, audit and regulatory exam findings.

Based on the Statement of Work (SOW), we develop and execute independent end-to-end QA testing and analysis of sourced data and evaluation of compliance metrics, including

  • Control systems and risk management frameworks
  • Process documentation
  • Transaction activity
ENGAGEMENT SERVICES

  • We provide Risk Identification, Risk Assessment and Risk Mitigation services powered by the latest technology and expert knowledge.
  • CMA utilizes our battle-proven methodology, decades of solid experience doing risk evaluation work, and RiskRator software to streamline the assessment process and enable our clients to expand their business while mitigating risks. How it works:
    • 53% faster and more accurate assessment execution compared to using Excel sheets.
    • End-to-end process guided by compliance experts.
    • Modeling impact outcomes by adding or eliminating controls and/or products.
    • Assessment based on utilizing the organization's entire transaction base.
    • Dynamic attribute: Shorter audit cycles and sophisticated modeling tools, enable compliance officers to measure results more accurately and frequently.
  • Remediation of compliance gaps with recommendation(s) of preventive measures to assure the client’s ongoing compliance with its Anti-Money Laundering/Counter Financing of Terrorism (AML/CFT) Program, regulatory obligations, and industry best practices. An Engagement Report is prepared and submitted typically to the BSA Officer, Operational Risk Officer and Senior Management or to any party as instructed by the contracting entity’s Board of Directors.
  • Additionally, we offer services for the clearance of backlogs in the BSA Unit and the execution of regulatory look-back requests.

Contact us today to learn more.

RiskRator
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USE CASE

Trade finance transactions pose inherent risks, necessitating meticulous scrutiny to safeguard the integrity of financial institutions. As trade-based money laundering (TBML) schemes become increasingly sophisticated, a comprehensive and robust approach toward risk mitigation becomes increasingly mandatory. CMA tackles the multifaceted challenges associated with counterparty assessment, beneficial ownership identification, relationship analysis, geographic risk evaluation, and product nature analysis. Our TBML methodology and complementary technology streamline due diligence processes and analysis of data from various sources, including public registers, sanction lists, and financial databases. We leverage this data to:

  • Generate comprehensive risk profiles, identifying high-risk counterparties and facilitating effective decision-making
  • Analyze corporate ownership hierarchies
  • Aggregate and analyze transactional data, flagging suspicious patterns
  • Evaluate country-specific risk factors, such as political stability, regulatory frameworks, and economic indicators
  • Extract relevant data from trade documentation, invoices, and customs declarations, enabling efficient analysis of product information.

CMA's TBML solution, which includes the utilization of advanced analytics, serves to enhance counterparty assessment, unveil beneficial ownership, analyze relationships, evaluate geographic risks, and scrutinize product nature - all laser-focused on advancing risk mitigation in trade finance transactions.