DCI delivers AML compliance package

Source: DCI

DCI, a provider of full-service bank technology and processing solutions to the financial industry, announced the release of BSA Navigator, a Bank Secrecy Act (BSA) compliance software solution developed through a strategic alliance with Alpharetta, Ga.-based Benchmark Technology Group.

DCI offers BSA Navigator as a solution to capture, aggregate and monitor the reporting of large cash transactions and suspicious cash activity across branch networks directly at the teller line. As an early alert system, BSA Navigator stops potential BSA violations by prompting tellers for additional information as transactions are being performed.

"BSA compliance is a sensitive, timely and demanding issue," said John Jones, president and CEO of DCI. "BSA Navigator provides our customer banks with an automated solution to confidently ensure they are in compliance with the Bank Secrecy Act - directly at the teller line. Banks can monitor cash transactions across an entire branch network as it is occurring, eliminating any uncertainty."

BSA Navigator provides the user with an alert system to identify suspicious activity and account level dollar triggers. The ability to recognize possible BSA violations, capture owner and conductor information at the point of presentation assures compliance with federal regulations. Banks also save time with automated tracking, filing and reporting features along with complete form preparation and printing capabilities.

Jack Malinowski, CTO of Benchmark Technology Group, said, "BSA Navigator gives you the peace of mind that can only come from being in control of BSA compliance. The compliance software captures, aggregates and monitors transactions - in real-time - across your entire branch network. DCI has taken a proactive and strategic approach to BSA compliance, and we are proud to be their business partner."

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