the RADAR list check screening module will expand their automation and optimize their compliance efforts
Miami, Florida and Jackson Hole, Wyoming (PRWEB) February 27, 2013
BSA Technologies, a global financial risk management software solutions provider, announced today that the company has entered into an agreement with Jackson Hole Trust Company, a Wyoming-based public trust company.
Jackson Hole Trust Company serves as trustee of family trusts for domestic and international families, and provides a full range of trust services. Integrity, professionalism and confidentiality are hallmarks of the firm’s operation. As part of the new agreement, Jackson Hole Trust Company will use the BSA Technologies RADAR® List Check Screening Module to automate the process of screening client names. The RADAR® List Check Module assists financial institutions, broker dealers and money service businesses globally by screening client names against various watch lists including 314a, OFAC, OSFI, DFAIT, Politically Exposed Persons, negative media, and many more.
“Jackson Hole Trust Company has been using the RADAR Customer Due Diligence Module for two years. By adopting our list check screening module they continue to expand their automation and will further optimize their compliance efforts,” explains Dominic Suszek, president and founder of BSA Technologies. “Our comprehensive name matching algorithms stand above the rest and will ensure Jackson Hole remains compliant with regulatory expectations.”
According to Julie Gilbert, President of Jackson Hole Trust Company, the BSA Technologies RADAR® List Check screening module complements the firm’s existing processes by creating significant operational efficiencies. “It is vital that we ensure that our customer base is in compliance with regulatory requirements,” says Gilbert. “RADAR’s list check screening module not only ensures the accuracy of that effort, but dramatically reduces the amount of time required to perform the actual name matching analysis.”
About Jackson Hole Trust Company
Jackson Hole Trust Company provides a full range of trust services to U.S. and multinational families. Jackson Hole Trust Company develops strong, personal relationships with its clients, enabling them to delegate, with complete assurance, the highest levels of responsibility. Visit http://www.jacksonholetrust.com
About BSA Technologies
BSA Technologies is the developer of innovative financial risk management, anti-money laundering and counter terrorism software solutions. RADAR® a risk management application built to assist financial institutions, broker dealers and money service businesses in creating operational efficiencies to manage compliance risk. BSA Technologies serves clients in the US, Canada, Central and South America and the Caribbean. Visit http://www.globalradar.com or call 877.265.7475