Intelligent AML Model Validation:
A Growing Necessity Today

Date/Time: 
Wednesday, March 28, 3:00 PM EDT/12:00 PM PST

The combination of stringent regulatory scrutiny, efficient utilization of finite resources and emerging technology has prompted community financial institutions to transform their AML systems and modeling procedures by 180 degrees. The growing need for sophisticated models based on predictive analytics and machine learning to deal with the wide scope of investigative decision-making has never been more important.

Intelligent models based on advanced analytics can provide greater transparency, higher operational efficiency, regulatory compliance and a better detection rate. These models are built on methodology that can be easily validated and justified to the regulators.

Join us for a complimentary webinar where our industry experts will provide deep insights and guidance on AML model validation, challenges of hard-to-test models, importance of advancements in model validation techniques for the success of your risk management efforts and much more!

Join the webinar and learn about:

•       The definition of a model validation and how often a model validation should be completed according to the OCC
• The origin of the term independent verification and validation and how that relates to today's model validation
• Challenges unique to Community Financial Institutions
• Latest industry trends
• Intelligent AML Model Validation: Leveraging advanced analytics with machine learning

Frank Masi, Ph.D. has over 25 years of business and technical experience and holds a doctorate in business and organizational management from Capella University. Over the last 10 plus years, Mr. Masi has worked in the BSA, AML, and OFAC regulatory environment and has consulted in the financial industry providing institutions with enterprise level regulatory software solutions and consulting services in BSA, AML, KYC, P.A.T.R.I.O.T. Act and OFAC.

Andrew Russo | AML & Fraud Consultant for Community Financial Institutions, NICE Actimize

Andrew Russo has 20 years of experience in financial services, venture capital and investment banking. He is an expert in working with organizations to service their technology needs through cloud based solutions. He has experience working with regional and community banks to ensure that their regulatory and business needs are met with Actimize’ s AML and Fraud solutions. Prior to joining Actimize he worked at Finastra challenging organizations to achieve efficiency lift & cost savings through digital transformation. His career began at JPMorgan Chase where he worked for 15 years most notably as a senior analyst in their technology unit, Lab Morgan. Mr. Russo is a regular speaker at conference and trade shows.

Who should attend?

• BSA/AML Officers
• Compliance Officers
• Sanctions Officers
• AML Analysts
• Risk Officers
• Risk Managers
• CEOs/Presidents/Directors at Financial Institutions