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Looking for Valuant? You are in the right place!

Valuant is now Abrigo, giving you a single source to Manage Risk and Drive Growth

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Looking for DiCOM? You are in the right place!

DiCOM Software is now part of Abrigo, giving you a single source to Manage Risk and Drive Growth. Make yourself at home – we hope you enjoy your new web experience.

Looking for TPG Software? You are in the right place!

TPG Software is now part of Abrigo. You can continue to count on the world-class Investment Accounting software and services you’ve come to expect, plus all that Abrigo has to offer.

Make yourself at home – we hope you enjoy being part of our community.

AML/CFT

Four Key Strategies for a Successful CDD Program

Customer Due Diligence (CDD) is commonly known as the fifth pillar of Bank Secrecy Act (BSA) compliance. Your CDD program should be risk-focused, and periodic risk enhanced due diligence (EDD) reviews should be conducted for higher risk customers and entities. CDD can seem overwhelming for institutions with a limited budget. However, regulatory guidance is improving and should be used to help evade CDD findings.

This whitepaper outlines four key strategies for financial institutions to leverage to enhance their CDD program prior to upcoming exams. 

Download this whitepaper to learn:

  • How to assess higher-risk customers
  • How to map and analyze processes to identify opportunities for efficiency gains
  • How to address gaps within the current processes and enhance procedures

Plus, this whitepaper includes a complimentary CDD/EDD checklist for additional guidance on a strong CDD program.