WorkFusion Webinar

Customer Screening: Eliminate Manual
Work to Eliminate Risk

Improve AML and sanctions compliance by reviewing fewer false positives and
focusing on more high-risk alerts.

This webinar is on-demand now.

Financial institutions have seen a continued increase in spending on AML and sanctions compliance efforts. It’s estimated U.S. banks spend close to $35 billion on managing compliance programs. Register for this webinar to gain an in-depth view of how Intelligent Automation can redefine your bank’s sanctions program.



Key takeaways:

  • Most AML executives miss the paradox that adding more people to a broken process does not fix, but worsens it, with each additional person bringing on more risk in areas such as Adverse Media Monitoring, Payment Sanctions Screening, and Name Sanctions Screening
  • Because financial crime analysts are directing most of their manual effort dispositioning simple alerts, they are not able to truly focus on the alerts with the highest risk
  • Automation software is increasing satisfaction across all stakeholders, from analysts conducting the work, to customers benefiting from faster turnaround times and compliance professionals seeing reduced risks

Speakers:

Robin Jain, Director at Everest Group specializing in Banking & Financial Services

Michael Abramchyk, SVP of Product at WorkFusion

Pooja Gupta, Director of Product Management at WorkFusion

Host:

Kyle Hoback, Director of Product Enablement at WorkFusion


Please complete the form to view the on-demand version of the webinar.


If you have any questions or comments, please feel free to contact us at events@workfusion.com.