AML benchmarking: How does your approach measure up?

The panel

  • Marc Andrews, Vice-president, Financial crimes and conduct risk, Watson Financial Services Solutions, IBM
  • Christopher Sidler, Managing director, Promontory Financial Group
  • Moderator: Joel Clark, Contributing editor,

Amid public scrutiny and regulators’ increasing demand for controls, financial firms are under intense pressure to improve the effectiveness and efficiency of their anti-money laundering (AML) and customer due-diligence (CDD) programmes.

In conjunction with, IBM conducted a survey of approaches taken by AML and financial crime professionals in global financial institutions to evaluate the scale of the challenge, from resource allocation and the length of investigation to the number of systems accessed during investigations.

Key topics discussed include:

  • The main challenges of the investigation process and how to reduce the effort and time spent on ‘false positive’ alerts
  • Best practice processes and methodology for AML sanctions screening, transaction monitoring, CDD, enhanced due diligence and know-your-customer compliance
  • Where artificial intelligence can be most effective in AML and CDD compliance management.
  • LinkedIn  
  • Save this article
  • Print this page  

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: