GRAND RAPIDS, Mich.–AuditLink, the audit and compliance division of CU*Answers, reported it has seen an uptick in interest in its daily log management services. The company noted it signed its 81st client this week and has had 11% growth in the last six months.
AuditLink daily log management services include monitoring of BSA activity, suspicious activity, OFAC scans, employee account activity, wire transfers, dormancy, teller transaction activity, and file maintenance reviews, according to CU*Answers.
Clients range from $4 million in asset size to $850 million, proving that the service appeals to credit unions both large and small, CU*Answers stated.
“Our service gives clients relief, so they can focus on other important areas within their organization,” said Marsha Sapino, assistant manager of AuditLink. “Compliance can be a burdensome task for credit unions regardless of their size, and resource sharing services such as the one we offer eases that burden considerably.”
AuditLink offers other services including vendor management, annual ACH audits, BSA/AML reviews and employee security reviews.