A Risk-Based Approach for AML and Fraud...Actimize Essentials offers a robust, integrated AML-Fraud...
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Learn more about Essentials NICE Actimize is the largest and broadest provider of financial crime, risk and compliance solutions for regional and global financial institutions, as well as government regulators. Consistently ranked as number one in the space, NICE Actimize experts apply innovative technology to protect institutions and safeguard consumers and investors assets by identifying financial crime, preventing fraud and providing regulatory compliance. The company provides real-time, cross-channel fraud prevention, anti-money laundering detection, and trading surveillance solutions that address such concerns as payment fraud, cybercrime, sanctions monitoring, market abuse, customer due diligence and insider trading. © Copyright 2020 Actimize Inc. All rights reserved. [email protected] | www.niceactimize.com/blog | @nice_actimize | linkedin.com/company/actimize | facebook.com/NICEActimize Ready to stay ahead of risk? A Risk- B ased Approach for AML and Fraud *Benchmarking your performance with other organizations across the industry will help improve your program. When it comes to staying ahead of risk, here are a few standard metrics to get you started. NICE Actimize Essentials SaaS solutions can help you stay ahead of evolving threats. Actimize Essentials offers a robust, integrated AML-Fraud solution with a unified case manager. Our sophisticated, agile analytics help you achieve laser accurate detection and a low rate of false positives. As an out-of-the-box solution, Essentials is a cost-effective, easily scalable Software-as-a-Service platform. False positive rate False negatives rate No. SARs filed on high-risk customers No. SARs filed on low-risk customers Do you know what your financial crime risks are? How do you know you’re managing these risks correctly? If asked, can you prove the controls are working? 1 2 3 AML Alert detection rate Value detection rate False positive rate Fraud losses Loss to turnover Alert/case volume Backlog quantity and aging No. of systems to interact with No. of SARs filed Alert to SAR conversion Fraud * Operations When it comes to fighting money laundering and fraud, can your team answer these three questions? Metrics that Matter Go Beyond Checking the Box
Transcript of A Risk-Based Approach for AML and Fraud...Actimize Essentials offers a robust, integrated AML-Fraud...
Learn more about Essentials
NICE Actimize is the largest and broadest provider of financial crime, risk and compliance solutions for regional and global financial institutions, as well as government regulators. Consistently ranked as number one in the space, NICE Actimize experts apply innovative technology to protect institutions and safeguard consumers and investors assets by identifying financial crime, preventing fraud and providing regulatory compliance. The company provides real-time, cross-channel fraud prevention, anti-money laundering detection, and trading surveillance solutions that address such concerns as payment fraud, cybercrime, sanctions monitoring, market abuse, customer due diligence and insider trading.
© Copyright 2020 Actimize Inc. All rights reserved.
[email protected] | www.niceactimize.com/blog | @nice_actimize | linkedin.com/company/actimize | facebook.com/NICEActimize
Ready to stay ahead of risk?
A Risk-Based Approach for AML and Fraud
*Benchmarking your performance with other organizationsacross the industry will help improve your program.
When it comes to staying ahead of risk, here are a few standard metrics to get you started.
NICE Actimize Essentials SaaS solutions can help you stay ahead of evolving threats.
Actimize Essentials offers a robust, integrated AML-Fraud solution with a unified case manager. Our sophisticated, agile analytics help you achieve laser accurate detection and a low rate of false positives. As an out-of-the-box solution, Essentials is a cost-effective, easily scalable Software-as-a-Service platform.
False positive rateFalse negatives rateNo. SARs filed on high-risk customersNo. SARs filed on low-risk customers
Do you know what your financial crime risks are?
How do you know you’re managing these risks correctly?
If asked, can you prove the controls are working?
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AML
Alert detection rateValue detection rateFalse positive rate
Fraud lossesLoss to turnover
Alert/case volumeBacklog quantity and agingNo. of systems to interact withNo. of SARs filedAlert to SAR conversion
Fraud*
Operations
When it comes to fighting money laundering and fraud, can your team
answer these three questions?
Metrics that Matter
Go BeyondChecking the Box
