Violette
Palion
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Violette has over 20 years of hands-on experience working in the AML Transactions Monitoring & Alert & Case Investigations space. Violette worked extensively with all leading AML TM & CM products / systems and is recognized as leading AML TM SMEs
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Violette designed, built, enhanced, improved and implemented and operationally integrated several of the leading and in-house AML Transactions Monitoring and Alert & Case Investigation systems including Oracle Mantas, Actimize SAM, Fortent-Monitor, SAS and Detica-Norkom.
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Violette specializes in Transactions Monitoring System & Operational Optimization, Tuning, Calibration, Segmentation Modeling and Alert Risk Scoring Modeling
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Violette pioneered the concept of AML Risks Alignment with Transactions Monitoring Coverage and developed first Risk Based Topology Mapping Methodology
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Violette also designed and build numerous Alert & Case Management Systems including Digital Harbor (Digital Harbor – was then sold to Norkom), ICMS, SYFACT - Actimize ERCM (SYFACT was then sold to NICE Actimize and it became what is known today as Actimize ERCM) as well the new Oracle-Mantas Case Management System & other in-house CM & AML TM Systems.
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Violette emphasizes the importance of strong, scalable Operating Model and a comprehensive and flexible KPI / MIS reporting capabilities and works diligently with key Project Stakeholders to achieve the required level of Risk Reporting capabilities
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Violette also specializes in AML Risk Assessments, Independent Model Validations, AML Transaction Monitoring Coverage Assessments and CRR Modeling (Customer Risk Rating – Customer Risk Scoring) having designed and build supporting tools that enable Financial Institutions to link CRR with AML Transaction Monitoring System and utilize the output from both in the AML Risk Assessment and AML Transaction Monitoring Coverage Assessment.
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Since 2006, Violette is the Acting Co-Chair of the AML Compliance Peer Roundtable (1,000+ members, holding 6 to 8 Peer Best Practices Workshops and Seminars every year in New York, London and Singapore). From 2018 to 2020, Violette lead the NYDFS Rule 504 – Annual Program Certification scope & process definition. The process was accepted by major financial institutions and became the Annual Certification Best Practice.