Optima Compliance offers a complete menu of anti-money laundering products and services to financial institutions, banks, money transmitters, casas de cambio, regulators and law enforcement. Each of our products leverages our extensive experience in the field and incorporates industry-leading initiatives that add value to our services.

The USA Patriot Act requires some MSB’s including money transmitters to undergo periodic, independent reviews of their compliance programs to ensure that the program is viable, effective and responsive to the individual needs of the company. Banks and other institutions demand that the audits be conducted by qualified reviewers. Optima Compliance provides auditing services that meet and exceed these requirements. In addition to reviewing your compliance program, we offer real world solutions that allow your company to harness its strengths and improve its weaknesses to implement industry-leading compliance controls, regardless of your company’s size. The scope of our audits is accepted by major banks and other institutions in the United States and internationally. We issue reports within two weeks after completing the review of your company. To add meaningful value to our reviews, Optima Compliance includes a proprietary Compliance Performance Score (“CPS”) that provides a simple to use gauge of each area where your efforts are satisfactory and where your program needs improvement. Moreover, our reviews go beyond licensed money transmitters. We also audit agents and correspondents of money transmitters to provide a rounded view of your business.

Training for Staff and Agents

Specialized training for compliance staff through our unique “Compliance Officers Bootcamp”

Optima Compliance helps your institution apply for money transmitter licenses in all jurisdictions that require such licenses. Whether you need assistance in applying for your first license or you seek expansion of your service market, Optima Compliance offers expert assistance that helps reduce the time between filing and approval of your application.

A sound, risk-based compliance handbook is the cornerstone of a good compliance program and is a company’s first line of defense against money laundering misuse. Properly developing such programs requires specialized skills and knowledge. Optima Compliance is uniquely qualified in this area. In fact, our CEO is the author of the model compliance program that later became the industry standard. Optima Compliance understands that your compliance handbook is a living document that requires constant updating and reformulation. Consequently, in addition to addressing current legal requirements our compliance handbooks reflect evolving best practices standards in the industry, allowing your company to remain at the cutting edge of the fast-evolving field of anti-money laundering compliance. If you have your own compliance handbook, Optima Compliance can assist in retooling and optimizing it to encompass today’s demanding requirements.