reduce your amlcompliance workload
TRANSCRIPT
REDUCE YOUR AML COMPLIANCE WORKLOAD
AML SOLUTION
$8.83B IN FORFEITURES ON BNP
• $140 million in fines• BNP sentenced to five years probation• Said to be functioning as the “central bank for
the government of Sudan”• Heavy fines were meant to act as a warning to
other financial institutions
These fines could have been even higher – this sentence was imposed following the terms of a
heavily negotiated plea deal.
HSBC PAYS £28M IN FINES
• Seized 10 years of files from compliance team• “Organizational failings” found at fault for AML
violations• Imposed after a previous $1.9 billion fine for its
role in aiding money laundering by Mexican drug cartels
Despite previous heavy fines and changes, HSBC was still unable to avoid new penalties.
If you don’t meet the legal requirements, you will face hefty fines, reputational damage and
criminal charges.
AML COMPLIANCE IS OVERWHELMING
You can maintain compliance all within a single platform.
CASEWARE AML COMPLIANCE SOLUTION
QUICKLY FIND SUSPICIOUS TRANSACTIONS
LIKE DORMANT ACCOUNT ACTIVATION…
KEEP COMPLETE PICTURE OF CUSTOMERS
RISK SCORES AUTOMATICALLY UPDATED
CUSTOMER RISK PROFILE UPDATE
PERIODIC SCREENING FOR HIGH-RISK CUSTOMERS
STOP HIGH-RISK TRANSACTIONS WITH REAL-TIME SCREENING
SANCTIONS LIST ALERT
BE ASSURED WITH WORLD-CHECK DATA
AUTOMATICALLY GENERATE REGULATORY REPORTS
SUBMIT REPORTS ELECTRONICALLY
Don’t let your compliance program control your life. Instead, create a culture of compliance within your
organization.
INVESTIGATE WHAT MATTERS
Easily single out and focus on high risk alerts that require your immediate
attention.
PERFORM DUE DILIGENCE ON HIGH-RISK ITEMS
USE WORKFLOWS FOR WORK ITEMS
DATA ANALYTICS MAKES COMPLIANCE EASIER
DASHBOARDS: VISUALIZE YOUR PROGRAM
DASHBOARDS: VISUALIZE YOUR PROGRAM
MUCH TO GAIN FROM ONE PLATFORM
Single Platform to help easily oversee all of your compliance requirements.Complete Picture of all your AML risks and dataOptimal process to help engage all stakeholders in compliance efforts.
IT’S TIME TO TAKE CONTROL OF YOUR COMPLIANCE PROGRAM
www.casewareanalytics.com [email protected]
REDUCE YOUR AML COMPLIANCE WORKLOAD
AML SOLUTION