Case Study: RealPage Payments Services strengthens AML monitoring efficiency with Abrigo

RealPage Payments Services manages $7B in transactions with Abrigo

RealPage Payments Services, a non-bank financial institution, faced the challenge of manually monitoring a high volume of transactions for anti-money laundering (AML) compliance using Excel. Seeking to enhance efficiency and meet regulatory demands, they partnered with vendor Abrigo to implement its BAM+ AML monitoring software and leverage its advisory services.

The solution involved a full implementation of Abrigo's BAM+ platform, which provided streamlined case management and robust reporting for easy audit trails. The partnership with Abrigo's support and advisory teams allowed for system optimization and a smooth scaling to handle transaction volume across the entire country. The results included significant operational efficiencies for the compliance team, a "huge win" with regulators during examinations, and the software being deemed an excellent investment by the customer.

RealPage Payments Services