AML RightSource

AML RightSource operates on a hybrid model that solves a critical human problem in the compliance industry: analyst burnout. Even the best AML software in the world generates "alerts" that must be manually reviewed by a human being to determine if a SAR (Suspicious Activity Report) should be filed. When a bank scales, the backlog of unreviewed alerts can cause them to fail regulatory audits. Rather than just selling a software platform, AML RightSource provides the software engine alongside a massive army of highly trained, outsourced compliance analysts. A bank can utilize their proprietary technology platform to ingest transactions, and when alerts are generated, the RightSource team acts as an extension of the bank's own back office, clearing the low-level alerts and only escalating the truly dangerous cases to the bank's internal team. Their proprietary software platform focuses heavily on workflow efficiency and alert triaging. It uses AI to pre-populate investigation templates, pulling in all necessary documentation automatically, which cuts the time it takes an analyst to clear an alert in half. This "managed service" approach is highly appealing to mid-sized institutions that cannot afford to hire and train a 50-person compliance team in-house.