Overview

The financial industry stands at a crossroads, with institutions grappling to enhance operational efficiency while ensuring compliance with increasingly sophisticated regulatory requirements amid a backdrop of growing financial crime threats.

The focus of this webinar will be on the delicate balance institutions will need to maintain as they seek to enhance the efficiency and effectiveness of their AML operations. Specifically, firms that are leveraging AI will have to ensure automated processes are finely tuned to maintain effectiveness in detection of risk.

We will discuss the strategic interplay between efficiency and effectiveness, offering perspectives on how to gauge the success of AI-powered AML initiatives beyond conventional metrics, and venturing into qualitative assessments to measure the value of these technologies.

Our panel will also address the challenges of integrating AI into existing AML operations, from handling false positives and speeding up investigations to comply with regulatory expectations on governance, risk management and explainability.

Key Themes

• Exploring practical AML use cases for leveraging AI
• Understanding regulatory expectations on AI usage
• Integrating AI within existing AML operations
• Achieving balance between efficiency and effectiveness
• Mitigating defensive reporting when using AI
• Measuring the success of AI initiatives Download the report