Anti Money Laundering
| Recent regulatory actions have highlighted the importance of a robust Anti Money Laundering (AML) programme. Financial Institutions play a pivotal role in the detection and prevention of the laundering of the proceeds of crime, yet detection rates are traditionally low. Improving the use of technology through enhanced data quality and optimised transaction monitoring is key. |  |
How can Deloitte help?
Our dedicated focus on the use of analytics to enhance the fight against financial crime can significantly improve your ability to develop financial crime intelligence, reduce false positives in customer screening, transaction monitoring and enhance the efficiency of the end-to-end process. We can provide specific services in a number of key areas, including:
- Transaction Monitoring Optimisation to produce more good alerts and fewer bad alerts
- Data Quality Assessments to allow for more reliable inputs into the customer screening and transaction monitoring processes
- Testing the effectiveness of customer screening to improve your ability to identify PEPs
- Fine tuning threshold settings to reduce alerts whilst managing risk
- Validate that monitoring logic has been correctly implemented.
Download
Technology and data challenges in Anti Money Laundering (PDF, 375 KB)
Contact
 |
Tom Scampion Partner +44 20 7007 2828 tscampion@deloitte.co.uk |
 |
Michael Jones Director +44 20 7303 8673 michajones@deloitte.co.uk |
Related Insights
Share this page
© 2013 Deloitte LLP. All rights reserved. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity.
Please see About Deloitte for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its Member Firms. View our accessibility statement.
