Insights & Perspectives

WHERE THIS STARTED ​ Some months ago, I was involved in a conversation with a client undertaking a transaction monitoring implementation. The client had the makings of a good program, committed team and with everyone around the table having a desire to get it right. During a data mapping session, one of their senior compliance people made a statement that we are all very familiar with, almost in passing, "we all know it's garbage in, garbage out." I have thought about this m

THE EVOLVING LANDSCAPE ​ The financial crime landscape is evolving at an unprecedented pace, demanding more than just compliance from financial institutions (FIs). To effectively mitigate risks, institutions must foster a workforce capable of critical thinking, informed decision-making, and mindful awareness of biases. Training plays a pivotal role in equipping analysts not just with knowledge of regulations but with the skills and behaviors necessary to make sound judgments

THE EVOLVING LANDSCAPE ​ The financial crime landscape is evolving at an unprecedented pace, demanding more than just compliance from financial institutions (FIs). To effectively mitigate risks, institutions must foster a workforce capable of critical thinking, informed decision-making, and mindful awareness of biases. Training plays a pivotal role in equipping analysts not just with knowledge of regulations but with the skills and behaviors necessary to make sound judgments