The Path to Modern AML Compliance - Neil Katkov Celent Research Group

Presented by

Neil Katkov, Senior Vice President at Celent, Eric Tran-Le Vice President at Guardian Analytics

About this talk

AML systems generate a high proportion of false positives, often surpassing 80 or 90% of alerts, resulting in soaring compliance costs at large banks and operational bottlenecks at most institutions. Implementing next-generation technologies including cloud-based intelligent automation and machine learning will increase efficiency and improve efficacy in AML operation for many banks and credit unions.

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Guardian Analytics fights modern crime with a modern platform. We are the pioneer and leading provider of behavioral analytics and machine learning solutions for fraud detection and anti-money laundering software for financial institutions and enterprise organizations. Our solutions include Digital Banking Fraud Detection for Mobile and Online, Real-Time Payment Fraud Detection for Wire and ACH. Anti-Money-Laundering solutions that include Link Analysis and FinCEN reporting, addressing AML compliance requirements on a single platform, streamlining the case filing process. Hundreds of financial institutions have standardized on Guardian Analytics’ innovative solutions to mitigate fraud risk and stop the sophisticated criminal attacks targeting retail, commercial, and enterprise banking clients. With Guardian Analytics, financial institutions build trust, increase competitiveness, improve their customer experience, enhance compliance and scale operations. Guardian Analytics is privately held and based in Mountain View, CA. For more information, please visit www.GuardianAnalytics.com. Guardian Analytics is a registered trademark of Guardian Analytics, Inc