AML and Financial Crimes
Financial institutions are under increasing pressure to maximize the efficiencies of their organizations while addressing anti-money laundering (AML) process and procedures. Exacerbating that challenge is the need to meet increasing compliance requirements imposed by regulatory agencies with a workforce that has been disrupted by a global pandemic.
Bates Group's AML & Financial Crimes practice is proud to partner with Complidata, bringing our leading AML and financial crimes industry expertise together with Complidata’s Artificial Intelligence technology in a joint solution to assist financial institutions in tuning and optimizing their AML operations and regulatory compliance.
Our combined AML efforts target the following key areas: AML Transaction Monitoring, Trade Finance, KYC, Alert Risk Ranking, PEP & Sanctions screening, and AML Model Risk Management. We help financial institutions significantly increase efficiencies in their processes and procedures while reducing the percentages of false-positive alerts.
(Source: AML models powered by Complidata)
Based in Belgium, Complidata is a leader in the use of artificial intelligence to drive automation and optimization for improved regulatory compliance. Complidata pioneered the very first AML implementations in Europe, leading to involvement in more than 100 different projects in the last 20 years.
Bates Group’s roster of experts possesses deep knowledge of AML and financial crimes, fraud investigations, forensic accounting, and third-party risk management, along with extensive experience in the bank, broker-dealer, and investment adviser fields.
Edward Longridge, Managing Director, Practice Leader, Bates AML & Financial Crimes at firstname.lastname@example.org
Bates Group is with you every step of the way. Contact us today for more information on how our End-to-End Solutions can help your firm.Contact Bates Group