Sanctioned parties and organized criminal networks are growing more sophisticated every day. The use of Shell/Front Companies, Phoenix operations and Mule Accounts has made risk detection and beneficial ownership more and more difficult.  This has put an unnecessary burden on investigators to gather the data and make the connections. Contextual Monitoring of customers and counterparties combined with perpetual monitoring of customers in place of static periodic reviews allows the power of entity resolution and network analytics to open a new world of risk detection and investigations. This session will look at how technology combined with better data sources and focused typologies have changed the way we can break through the anonymity so essential for organized crime to flourish.

Presenter:
Matthew Long, Global head of Financial Crime Solutions, Financial Services and Government, Quantexa