All financial services organizations need to improve their understanding, and management of, AML risks. Local risk management is not good enough, so the industry needs to think more broadly. Risk is fluid – customers’ behaviors and activities fluctuate, AML typologies and the socio-economic ecosystem change, all resulting in a shift in the risk landscape. To understand how this impacts customer risk, you need to centralize global customer data from all relevant sources, analyze it and create a single, trusted, accurate risk profile and score for the customer. You can then use this trusted risk profile to ensure all connected compliance systems operate optimally and detect truly suspicious behavior accurately.
Understanding why your current approach needs to change and what the new strategy should looks like
Recognizing how technology can help to achieve a centralized, accurate customer risk profile and score
Gaining insight into the benefits of using a single risk profile
FinTech and Innovation Specialists
AML Compliance Skills and KYC/CDD
Investigations and Suspicious Activity
Governance and Oversight