Bank of America Corporation

Peter C Richards

Matthew R Quinn

Agus Sudjianto

Daniel Kern

Misty Ritchie

Joan F Pilsmaker

Rogelio Olarte Bautista, Jr

Systems and methods for calculating financial crimes ratings for banking entities are provided. High risk transaction data for a plurality of similarly situated banking entities is collected. The banking entities may include banking centers, business customers, individual customers or other banking entities. Summary data is then calculated from the high risk transaction data. The summary data for a banking entity is then compared to summary data of the similarly situated banking entities to calculate the rating. Financial crimes ratings may be used to allocate investigation and enforcement resources.

Statistical prioritization and detection of potential financial crime events

A method for anti-money laundering surveillance may include analyzing transaction data based on a group that may include at least one of peer comparison, expected level of activity and debit/credit flow through. The method may also include generating an alert in response to one or more predetermined results from the analyzing.

Method and system for anti-money laundering surveillance

Growing community of inventors

Pembroke, MA, United States of America

Peter C Richards