Webinar Replay: Building a business case for AML digital transformation

Building a business case to support investment in AML systems has never been easy. Boards of directors tend to view AML compliance as a cost to the business as opposed to investing in anti-fraud solutions which has a direct impact on the bottom line. However, there has been a marked increase in interest from executives following a number of high-profile breaches resulting in huge fines, considerable management time in dealing with the consequences, not to mention reputational damage.

While compliance can be viewed as a cost to the business, using manual processes or maintaining outdated systems can exacerbate this due to the vast amounts of time being spent on low value, repetitive tasks resulting in a lack of focus on the detection and prevention of financial crime.

Watch the on-demand version of our webinar that provided detailed guidance and covered issues such as:

• What does digital transformation look like in the AML space?
• What are some of the metrics people can use to build the business case for change?
• How are best in class companies utilising technology to improve their AML processes and capabilities?
• How do you develop a digital transformation plan and execute it confidently?

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Request replay now!

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Duration: 45 minutes

Panellists: Patrycja Wisniewska, COO, Blacksmith KYC, Ian Henderson, CEO Kyckr and Michael Harris, Financial Crime Consultant, FCC Consulting