Technological advances have fundamentally changed the operational landscape of financial institutions. However, there are also new risks emerging in forms of sophisticated financial frauds and complex money laundering patterns. These risks can significantly impact the day-to-day operations at financial institutions and are detrimental to reputation build through many years. The threats come at a time when financial regulators impose stricter compliance norms on their subjects and ensure tighter scrutiny. It is now imperative for banks to have the necessary foresight about the compliance challenges in order to address them effectively.
Aite Group’s 2nd Annual Financial Crime Forum in Charlotte is one such event where attendees would get insights into the growing sophistication of fraud and money laundering attacks. Further, they can familiarize with modern technologies and solutions, such as Tookitaki’s Anti-Money Laundering Suite, intended to combat financial crimes and ensure compliance amid growing risks. This dynamic and interactive one-day conference will see participation from executives of leading banks and will discuss the latest fraud, anti-money laundering (AML), and authentication trends. Industry thought leaders will present their latest research on money laundering and other financial crimes. Also, this will be an opportunity to learn about how technologies such as machine learning are transforming detection and investigative capabilities of compliance staff.
Combat Money Laundering with Tookitaki Innovation
Tookitaki, a leading AI solutions provider for financial services in the regulatory compliance space, is excited to participate in the forum as a sponsor. As an active participant in the forum, we are looking forward to building collaborations, connections and co-creations within the global financial ecosystem. Tookitaki is pleased to welcome the participants to table #8, where our staff will share our cutting-edge research and innovations designed to address issues in the anti-money laundering space.
For professionals responsible for AML audits, AML risk management, AML training, regulatory oversight, reporting and SAR/STR filing and transaction monitoring, Tookitaki has a great deal in offer in terms of its disruptive transaction monitoring and screening solution: Anti-Money Laundering Suite (AMLS). The award-winning solution has the potential to bring a paradigm shift in the way how current AML compliance programs are working. It is built based on the design philosophy of increased efficiency and enhanced risk coverage while being fully transparent with the platform.
Let’s meet on September 16 and 17 and discuss your thoughts on the path towards a more compliant banking world and the collaboration between banks and RegTech in this era of regulatory complexities and sophisticated financial crime cells.
Find more information about the forum on the official website.
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