This website uses cookies to ensure you get the best experience on our website.

More info Got it!

Consortix and SAS organized event in London

Consortix and SAS organized an AML-focused event in London called AML Compliance in practice. Some of the key AML challenges and trends were in focus.

SAS, the world leader in analytics and business intelligence software including financial crime had partnered with Consortix, an international expert in AML to help banks in the UK with their challenges in AML compliance organized an AML event (AML compliance in practice) where the participants got insights on:

 

  • What the new regulations bring
  • What main challenges your peers are facing
  • What are the best practices for tackling them and improving AML detection
  • How a market leading AML system can be available for you with quick implementation thanks to embedded best practices and the Accelerator configuration

 

They talked about some of the key AML challenges and trends, with roundtable discussions about how to identify simple, cost-effective improvement plans. There was a first-hand account from Landsbankinn, an Icelandic bank with a 39% market share.

 

They discussed their experience automating pattern analysis for the detection of suspicious transactions and sharing their thoughts on best practice for managing an AML system replacement project.

Also read

AML Executive Summit in Warsaw

AML Executive Summit was a meaningful event to exchange knowledge and discuss the latest trends, regulations, and solutions supporting anti-money laundering.

The new AML directive is on board

The 5th AML directive has been published on 19 June 2018. EU members will have 18 months to transpose the Fifth Directive into national law.

Lombard is using SAS AML to fight against money laundering

Lombard International Assurance remains a principal player in Anti-Money Laundering (AML) by opting for a solution built on SAS technology and deployed with the expertise of Consortix.