Overcoming Major Hurdles to Achieve a Holistic AML Compliance Program
Rosalie Griebel and Neil Katkov
About this talk
As your business grows, so too do the complexities of managing AML compliance and customer risk. Disparate lines of business, fragmented data sets, customers in numerous geographies, insufficient scalability of current systems and the need for real-time integration are a few examples of challenges facing today’s compliance programs. During this webinar, we will identify the four major hurdles compliance professionals must overcome in order to achieve a holistic, customer-centric approach to AML compliance.
•Establishing a centralized customer risk profile by consolidating enterprise-wide fragmented data
•Leveraging real-time screening and rescreening to enhance AML compliance and add business value
•Strengthening ID verification with modern tools such as geolocation and device IDs to mitigate fraud