What’s the best anti-money laundering and know your customer approach for your business?

In this series, we’ve looked at new challenges financial firms face with regard to anti-money and your regulations (AML/KYC). Our paper, Anti-money laundering and know your customer programs: Sustainability through managed services, and the companion SlideShare consider the various challenges facing firms. We hone in on workforce challenges, in particular, in Leveraging enhanced talent development programs to increase anti-money laundering workforce effectiveness.

What’s the best anti-money laundering and know your customer approach for your business? fintech

There’s good news! In this series we’ve explored several options and alternatives for building a strong AML/KYC program and workforce, whether using home-grown talent, managed services or virtual help.

The question, though, is: How can an enterprise choose the , most appropriate solution for the set of concerns it faces? Should a particular process be handled by robotic process automation (RPA), a managed services team or an internal resource?

 

 

 

 

 

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