Fragmented AML systems and platforms make it hard for banking institutions to keep financial crime at bay. Financial institutions continue to spend heavily on AML compliance to deal with the curse of dirty money but advancements in payment processing technology, increased level of organized crime, and expansion of economic sanctions have continued to erode the effectiveness and efficiency of AML programs.
Can technology beat financial crime? Machine learning, real-time data-aggregation, artificial intelligence, and speech/text recognition analytics can approach compliance in a fundamentally new way, but also regulatory action is instrumental.
In this first BANKING ESSENTIALS webinar, produced jointly by S&P Global Market Intelligence and the European Banking Federation, two industry experts will share their thoughts on the challenges and opportunities within the AML compliance space. For live webinar attendees, there will be an opportunity for Q&A.
ABOUT S&P Global Market Intelligence
S&P Global Market Intelligence integrates financial and industry data, research and news into tools that help track performance, assess credit risk, understand competitive and industry dynamics, generate alpha, identify investment ideas, and perform valuation. S&P Global Market Intelligence is a division of S&P Global (NYSE: SPGI). For more information, visit www.spglobal.com/marketintelligence. Twitter handle: @SPGMarketIntel
ABOUT the European Banking Federation
The European Banking Federation is the voice of the European banking sector, bringing together national banking associations from 45 countries. The EBF is committed to a thriving European economy that is underpinned by a stable, secure and inclusive financial ecosystem, and to a flourishing society where financing is available to fund the dreams of citizens, businesses and innovators everywhere.
SPEAKERS (more to be announced soon)
Marc Barrachin, CFA
Head of Product Research and Innovation of Risk Services, S&P Global Market Intelligence
Marc focuses on exploring new trends and their potential impact on the business with the goal of developing products at the junction of Risk, Fintech, and Regulations. In this process, Marc partners with stakeholders across segments and divisions.
Previously, Marc was Managing Director at IHS Markit. He managed the index business and overviewed the growth of the credit business through the crisis and subsequent market structure and regulatory evolution. Marc also spent over 12 years at Interactive Data in a variety of roles.
Steve Matthewson, Senior News Desk Manager, S&P Global Market Intelligence
Raymond Frenken, Director of Communications, European Banking Federation