Tag: alert prioritisation

As alert volumes climb, many AML teams can show they are working hard, but struggle to prove they are working on the right things...

In many banks, anti-money laundering (AML) alerts are handled in the order they’re received, not by the level of risk they represent. This outdated...

AML compliance teams are facing growing challenges in how they handle backlogs of alerts. Traditionally, banks and financial institutions have approached these backlogs by...

Ripping out and replacing anti-money laundering (AML) systems is no longer a practical option for most financial institutions. According to Consilient, deeply embedded legacy...