Case Study: Regional Bank achieves regulatory compliance and stronger BSA/AML model validation with Protiviti

Protiviti helps bank respond to regulatory action by performing independent BSA /AML model validation

Regional Bank, a financial institution with roughly $20 billion in assets, engaged Protiviti to perform independent BSA/AML and fraud monitoring model validation as part of a new model validation plan and to respond to a regulatory Matter Requiring Attention (MRA). The bank lacked prior model‑validation experience and sought Protiviti’s Model Validation experts to assess governance, documentation, data integrity, watch‑list matching, scenario testing and threshold setting.

Protiviti conducted quantitative and qualitative validations, produced detailed reports and model‑specific action plans, and validated thresholds and scenario scripts to strengthen controls. As a result, Protiviti’s work enabled the Regional Bank to satisfy the regulator’s MRA by demonstrating independent validation of its critical BSA/AML models, improved model governance and monitoring, and increased management’s confidence in regulatory discussions and business decisions.