Case Study: US bank's wealth and investment management division achieves enhanced operational risk management and improved AML name screening with Evalueserve

US bank - Customer Case Study

US bank faced growing regulatory pressure to bring combined analytics into operational risk and compliance but struggled with siloed teams and difficulty finding staff with both business acumen and technical skills. Evalueserve was engaged to provide research, analytics, and data-management services via a dedicated team of risk and financial‑services experts using industry-standard and emerging tools (SAS, R) to strengthen name screening, AML monitoring and financial-advisor compliance.

Evalueserve implemented a multidisciplinary analytics team and deployed transactional-data mining and string‑matching algorithms to proactively identify bad‑actor risk, prioritize high‑risk products, and improve AML name screening. The engagement produced faster responses to regulatory requirements and MRAs, fewer high‑profile settlements, reduced internal losses, and stronger, actionable compliance insights.

US bank