56%: Customer risk profiling
55%: Sanctions screening
48%: Efficient alert resolution
36%: Positive identification of politically exposed persons (PEPs)
39%: Know Your Customer (KYC) for onboarding
39%: Regulatory reporting
Our global overview also takes a closer look at firms utilizing multiple, more targeted financial crime compliance technologies to assess the combined risk of the individual and the transaction from a holistic perspective. The study provides details into improved efficiencies these firms are realizing and includes results that illustrate decreased cost of compliance per FTE and reduced opportunity costs associated with onboarding friction and lost business. The study explores how the combination of innovative technology solutions and top-quality digital and physical risk intelligence can make a difference in lowering negative compliance impacts and increasing efficiencies in key compliance and onboarding workflows, as well as across the enterprise.
Understand the current financial crime compliance environment and its impact on businesses in key global markets with these detailed results from our True Cost of Financial Crime Compliance Study. View the complete report now.
Protect against money-laundering, fraud and non-complianceLearn More
Streamline regulatory compliance, protect your business and increase revenueLearn More
Identify relevant financial crime compliance risk with targeted attributes.Learn More
Identify and plan for operations impacts to ensure a flawless implementation.Learn More
Robust databases of high-risk individuals and entitiesLearn More
One-stop Sanctions, PEPs and Adverse Media solutionLearn More