Archived Webinar

When to Consider Automated Financial Crime Management

Benefits, Best Practices and ROI

Originally Presented: May 25, 2022

Financial institutions are facing growing pressure from sophisticated fraud schemes, complex money laundering scenarios, and mounting regulatory requirements. As workload and compliance costs increase, and false positives overwhelm already strained resources, there is significant risk in relying on manual processes or rules-based monitoring systems. A robust business case can reveal the benefits of transitioning from manual to automated solutions to effectively and efficiently fight financial crime and maintain compliance.

In this engaging webinar, Verafin Product Evangelist Corey Lynch discusses best practices for developing a business case for automation. This important process can uncover the challenges faced by your institution, and highlight the many benefits offered by an automated financial crime management solution.

Highlights of this educational webinar include:

  • A review of the challenges surrounding conventional approaches to financial crime management.
  • A discussion regarding the importance of developing a well-informed business case.
  • Insights into best practices for business case development, such as getting started, evaluating your needs, and process mapping.
  • How automated solutions for financial crime management can improve the effectiveness and efficiency of your current processes.
  •   Automation
  •   FRAML

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