Work colleagues analysing data
Mar 2022 | Fraud Prevention | Commercial Risk, Fraud
By Posted by Grant MacDonald

Across the UK, banks are developing financial crime transformation programmes that strategically monitor their commercial portfolios in new ways

There’s a genuine intent to actively manage financial crime risk and combat money laundering by continually watching for data changes and events, rather than running full reviews on a fixed, periodic basis.

In this paper, we’ll share our experiences and insights around enabling Financial Crime automation. We’ll explore what’s needed for effective event-driven reviews, explain how they work and take a step-by-step look at what makes the Experian process so powerful.

Transforming financial crime prevention - the power of automated, event-driven processes

Transforming financial crime prevention - the power of automated, event-driven processes

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The fight against financial crime is a constant one, with relentlessly evolving challenges that demand ingenuity, agility and in-depth understanding. We firmly believe transitioning to an event-driven review approach is the best way to rise to those challenges – identifying risk sooner, building greater clarity and creating genuine confidence in your customer pool.

We’re committed to ensuring every project delivers maximum value – in terms of realisable operational savings, improved customer experience and low-risk delivery – which all means you’ll start to see real, concrete benefits, just six weeks after we begin.