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Compliance & AML
A business-wide AML risk assessment that drives your controls
We assess your inherent financial crime risks across customers, products, geographies and channels, test the controls that mitigate them and document residual risk your board can stand behind.
At a glance
Risk methodology
Data-driven risk factors
Control mapping
Residual risk and appetite
Supporting fintechs in the UK, EU, US and Canada
Overview
The foundation every regulator reads first
Your business-wide risk assessment explains why your controls look the way they do. When it is generic or out of date, every other control is harder to defend. Regulators and banking partners routinely request it before anything else.
Hilix builds a risk assessment using your real data: customer mix, transaction flows, corridors, products and delivery channels. We score inherent risk, map and test mitigating controls, rate residual risk against your appetite and produce an action plan for any gaps.
What’s included
Everything included in Business-Wide AML Risk Assessment
Who this is for
- Fintechs preparing for licensing or a regulatory review
- Businesses adding new products, corridors or customer types
- Firms whose last assessment is more than a year old
- Companies preparing for bank partner due diligence
What you receive
- Business-wide risk assessment report
- Risk and control matrix
- Customer risk scoring methodology
- Board summary and appetite statement
- Remediation action plan
How we work
How we take over or build your compliance function
Diagnose
We review your policies, risk assessment, case files, queues and systems to see what works, what is missing and what is exposed.
Design
We agree scope, service levels, escalation rules and the decisions that stay with your MLRO, then document them.
Operate
Our analysts work inside your tools, clear queues to agreed SLAs and record every decision with evidence.
Report and improve
Weekly and monthly MI, quality checks and trend analysis feed continuous improvement and board reporting.
FAQ
Business-Wide AML Risk Assessment: common questions
How often should we update the risk assessment?
At least annually, and whenever you launch a new product, enter a new market, change customer types or experience a significant incident.
Do you need our transaction data?
Yes, where possible. Aggregated data on customers, corridors and volumes makes the assessment specific and far more credible.
Does this cover sanctions and fraud too?
We can include sanctions, fraud and proliferation financing risk in the same assessment or prepare them as separate documents.
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