BNM360’s Due Diligence solution is a suite of tools for performing, automating,
and collaborating on third-party risk assessments, with industry-standard questionnaire
templates, such as the AFME, and an easy-to-use, intuitive response portal for Agent
Banks and other service providers to respond to DDQs.
BNM360’s Master Database of Agents and Accounts is the network manager’s single source of truth, serving as both nexus and launchpad for agent bank risk monitoring, regulatory and audit compliance, and account governance processes.
The Account Management Workflows module provides configurable rules and an approvals engine to centralize and automate your business processes for account opening and closure, amendments to existing records, and engagements with new agent banks.
BNM360’s Account Recertification module provides a complete end-to-end solution for validating the correctness of your account records, collaborating with internal and external stakeholders to reconcile discrepancies, and systematizing the process of amendments with approvals workflows.
Guide to Operational Risk and Compliance Risk in Financial Services