Case Study: Texan Bank achieves 70% fewer false positives and 30% BSA productivity gains with Abrigo's BAM+

Texan Bank Reducing False Positives With BAM+

Texan Bank was struggling with its legacy BSA automation: overwhelming false positives, poor reporting, and fragmented CTR/SAR filing that forced manual work and attracted auditor scrutiny. To solve these problems, Texan Bank turned to Abrigo and implemented its BAM+ solution.

Abrigo configured BAM+ with custom scenarios, aggregated and pre-filled SAR/CTR filing, and improved reporting and audit logs, giving investigators a single place to manage alerts and cases. The result was a 70% reduction in false positives, a 30% gain in BSA department productivity, and markedly improved exam results as regulators could quickly review complete investigation trails.

Texan Bank

Danielle Mitchell

Senior Vice President and BSA & Compliance Officer