Due to the complexities and cost of managing an increasing number of anti-money laundering (AML) regulatory requirements, a multi-national insurance and asset management organization with 20 business units across seven countries sought to consolidate their compliance processes and systems. Corporate-wide standardization had become difficult because each country was using a different data provider and screening
Due to the complexities and cost of managing an increasing number of anti-money laundering (AML) regulatory requirements, a multi-national insurance and asset management organization with 20 business units across seven countries sought to consolidate their compliance processes and systems. Corporate-wide standardization had become difficult because each country was using a different data provider and screening solution.