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Financial Crime Compliance: Everest Group Recognizes AML RightSource as a Leader

AML RightSource, a trailblazer in financial crime compliance and third-party risk management, has been labeled as a Leader in Everest Group's Financial Crime Compliance Operations Services Peak Matrix® Evaluation for 2025. The Everest Group's extensive, data-driven yearly report assesses...

Financial Crime Compliance: Everest Group Recognizes AML RightSource as a Leader
Financial Crime Compliance: Everest Group Recognizes AML RightSource as a Leader

Financial Crime Compliance: Everest Group Recognizes AML RightSource as a Leader

AML RightSource, a leading provider in financial crime compliance services, has been named a Leader in Everest Group's 2025 PEAK Matrix® for Financial Crime Compliance Operations Services. This recognition reflects AML RightSource's strong market presence and impactful service delivery.

Steve Meirink, the CEO of AML RightSource, expressed his pride in being recognized. He highlighted strong client relationships and operational excellence as part of their value proposition.

The key strengths of AML RightSource, as recognized by Everest Group, include its leadership position as a provider in the financial crime compliance space. The company excels in combining advanced technology enablement with process redesign, which helps clients improve the effectiveness and efficiency of their financial crime compliance functions. This approach supports transparency and control, crucial for meeting regulatory requirements and managing risks in AML and related compliance areas.

AML RightSource's global delivery capabilities are another key factor in its Leadership status. The company has experienced teams in the US, Canada, UK, Europe, and Asia, enabling it to support clients worldwide.

The company's strategic acquisitions have built a modular technology ecosystem that enhances key workflows across KYC, adverse media, and third-party risk management. AML RightSource offers a wide range of services across the Financial Crime Compliance (FCC) value chain, including KYC, enhanced due diligence, transaction monitoring, fraud, and reporting.

Brad Breslin, the EVP and Chief Delivery Officer at AML RightSource, stated that the recognition reflects AML RightSource's ability to scale high-quality compliance operations without requiring clients to expand their internal teams or tech stacks.

Everest Group's evaluation of service providers includes key dimensions like market impact and vision & capability. The independent validation of AML RightSource's leadership comes at a time when financial institutions are under growing pressure to address regulatory complexity, manage operational costs, and respond to emerging threats.

Everest Group highlighted several strengths of AML RightSource, including its global delivery model, depth of subject matter expertise, and continued investment in advanced technology and analytics. Steve Meirink stated that the recognition reinforces AML RightSource's vision to be the leading expert solutions provider in financial crime compliance and third-party risk management.

AML RightSource's mission is to prevent financial crimes and increase transparency with third parties, and to make local communities safer. The company utilizes AI and advanced analytics to enhance efficiency and support better decision-making.

The full vendor-specific detailed strengths assessment is proprietary, but Everest Group’s criteria stress providers’ ability to elevate compliance operations via automation, process improvements, and regulatory alignment, which are evidently key attributes of AML RightSource in this recognition.

Everest Group's report validates the impact of AML RightSource's mission and the dedication of its teams across the globe. This recognition is a testament to AML RightSource's commitment to delivering high-quality outcomes for clients and contributing to a safer financial ecosystem.

  1. In light of AML RightSource's recognition as a Leader in Everest Group's 2025 PEAK Matrix® for Financial Crime Compliance Operations Services, the company will continue to invest in advanced technology and analytics to strengthen its risk management, ensuring compliance with regulatory requirements and enhancing efficiency in areas like KYC, adverse media, and third-party risk management.
  2. As part of its advocacy for a safer financial ecosystem, AML RightSource will employ artificial intelligence and advanced analytics to elevate its third-party risk management, ensuring business partner compliance and reducing the risks associated with financial crimes, while simultaneously enhancing the effectiveness and efficiency of finance, technology, and business processes.

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