Managing the cost of compliance is becoming an increasing concern for financial institutions. The death of experienced compliance professionals, the growing influence of big data, and escalating risk are contributing to the challenges these organizations face.
There are proven strategies that can be executed to reduce the cost of compliance. Two major themes include the technological impact on false positives and combining fraud and AML teams into a single solution.
In this month’s Business Defense Webinar, join Brian Ferro, BAE Systems Global Product Manager for AML/BSA Compliance and Richard Graham, Head of Americas Pre-Sales, for a discussion on these approaches and how you can address the financial burdens being placed on your business.
In this session, you will learn:
How to combat false positives with technology instead of adding staff and third party consulting firms
Understand the pros and cons of bringing fraud and AML teams into the same financial crime platform
Get a sense of new technologies that are being deployed to fight financial crime.