Webinar: Using Data to Enhance Transaction Monitoring & Customer Profiling Processes

Jul 17 2018
Online Event

When it comes to transactions, anti-money laundering and combating the financing of terrorism (AML/CFT) laws in the United States prohibit a number of activities including conducting or attempting to conduct a financial transaction, knowing that the property involved in the transaction represents the proceeds of some unlawful activity. But with criminal networks becoming increasingly more sophisticated, can financial institutions protect themselves with antiquated transaction monitoring processes to identify unlawful activity?

In this webinar, we will address how an effective transaction monitoring process can:

  •  Identify unusual transactions that warrant further investigation and regulatory reporting
  • Provide input into and improve the effectiveness of an AML/ATF program
  • Assist with profiling customers and understanding their unique risks
  • Ease the burden of compliance and reporting to regulators, including FinCEN

Learning Objectives:

  • How to leverage data within the organization to identify suspicious transactions
  • Ways to deal with common pitfalls around data acquisition and standardization
  • How to enhance your customer due diligence (CDD) and customer profiling processes
  • How to increase the efficiency of the regulatory reporting process domestically and internationally
  • Ways to address unique compliance and business requirements

Register for the webinar

Using Data to Enhance Transaction Monitoring & Customer Profiling Processes
Presenters: Andrew Simpson, COO at CaseWare Analytics and Brett Barrett, Risk Specialist at Thomson Reuters
Date: Tuesday, July 17th, 2018, 2:00 pm ET