AI and automation have significantly evolved and are revolutionizing the way financial institutions comply to know-your-customer (KYC) and anti-money laundering (AML) regulations. These solutions will not only enable heightened screening and holistic KYC reviews, but also can streamline the entire customer lifecycle management (CLM) process.

BearingPoint is bringing together experts to discuss the inevitable shift towards AI and Automation due to increasing regulatory burden and to optimize CLM operations. This session would have interesting insights specifically for Compliance, Operations and Transformation teams.

Let us come together to demystify this change ignited by AI.

During the session we will be discussing how:

  • Digitalization of the CLM processes (e.g. client data capture, regulatory client classification, AML and Risk rating, document processing and workforce management), enable adoption of
  • regulatory changes efficiently and optimize operations;
  • AI and machine learning is used to produce the most comprehensive risk database for customer screening (PEP, Global Sanctions, Adverse Media etc.) reducing false positives by 95%;
  • Machine learning is applied to name and transaction screening, evidence generation and reasoning for the alerts; and
  • Digital automation & process mining can be leveraged to enable operations and compliance function automate repetitive manual tasks
  1. Agenda

    1. Registration and sit-down breakfast

    2. Knowledge sharing and Q&A

Would you like more information?

If you want to get more information about this event please get in touch with our experts who would be pleased to hear from you.

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