The Seed-to-Bank™ Solution
As your complete Seed-to-Bank™ provider, our Cannabis Banking Solutions are designed to help you effectively identify, measure, monitor and control risks associated with cannabis-related businesses.
Your Complete
Seed-to-Bank™ Solution
The team at ICS provides you with Cannabis Banking Programs that have been independently tested and have undergone regulatory review.
- Provide proven strategies and tools to assess your risks and establish sound policies and procedures that will guide your Program’s administration.
- Meet with your key stakeholders to establish the strategic direction for your program.
- Access to a full suite of documents designed to take you from pre-qualification to decisioning to onboarding and monitoring.
- M-Monitor Cannabis Banking Platform helps put your mind at ease that your CRB data is accurate, your compliance is sound, and your reporting is effective.
- When it is time for your regulatory examination or model validation, our team will help you prepare documentation, provide demonstrations of the platform, and assist you in responding to exam comments.
M-Monitor Cannabis
Banking Platform
M-Monitor is the industry leading cannabis banking platform that allows you to accurately and profitably grow your cannabis banking business.
- User-friendly interface agnostically integrates to your core and pulls in CRB operator data, providing a centralized monitoring and reporting structure for your cannabis-related businesses
- Specifically designed to address FinCEN guidelines and evolving regulatory expectations
- Health check and alerting functionality automatically allows you to diagnose potential risks
- Peer analysis and trending functions provide for numerical and graphical representations of normal and expected activity as well as the identification of anomalies
- Ongoing regulatory, compliance and technical support guide you through the administration of your portfolio and preparation for your regulatory examinations and model validation
Cannabis Banking
Program
Provides you the infrastructure necessary to effectively administer your CRB portfolio and meet regulatory expectations
- Our risk assessment process is designed to assist you in comprehensively analyzing inherent risks of providing financial services to cannabis-related businesses, assess the adequacy of internal controls and manage residual risk levels.
- We take a hands-on approach to the risk assessment process whereby our staff collects and reviews key documents and information from our clients, researches market conditions and draws upon regulatory expertise to develop a draft risk assessment that is then used as a the basis for working sessions with our clients.
- This collaborative approach provides for consistency and standardization in tested risk assessment processes and the ability of our clients to gain experience in performing risk assessments and ultimately owning the process.
- As a natural and appropriate derivative of the risk assessment process, we assist you in establishing a sound Cannabis Banking Policy that outlines acceptable CRB relationships and your responsibility to effectively administer those relationships on an ongoing basis.
ICS Connect
The ICS team of experienced cannabis banking professionals is available for you.
- Unlimited and timely telephone and email access
- Answers to your cannabis, hemp and CBD questions
- Assistance in facilitating Board education, presentations and discussions
- Facilitation of and preparation for regulatory meetings and examinations, and coordination of formal exam responses
ICS Insight
ICS Insight is our quarterly newsletter to keep our clients and friend apprised of changes in the industry to facilitate changes to their Cannabis Banking Programs. It regularly features:
- Cannabis related banking and industry issues and insights
- BSA updates, changes and challenges
- Follows other developing complex verticals for bankers
Subscribe to ICS Insight
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