By Jenna Danko on Oct 08, 2015
In this post, Matthew Long, Financial Crime and Compliance Management Global Solution Lead for Oracle Financial Services Analytical Applications at Oracle, defines the practice of exiting customer relationships. This approach (and the term de-risking) is becoming increasingly more prevalent and has drawn recent criticism from regulators and institutions, such as FATF who have concerns over the impact of these actions. Instead of dropping high risk business, companies are instead being urged to improve their risk financial crime and compliance frameworks and reap the potential benefits.[Read More]
Financial Services Institutions are taking a fresh look at their anti money laundering systems with an eye toward expanding automation, improving performance, standardizing processes, and improving transparency.
Join Don Ryu, Senior Director – Product Management for Oracle Financial Services Analytical Applications, as he discusses why financial institutions should improve their AML systems and how their investments will protect them in the future.
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