The Art of FinCrime Risk Management: Customer Clarity is Key

January 21, 1:00 pm EST

By operating in silos, blind spots are inevitable. Without a holistic view of your customers, you could be missing existing financial crime risks. For better risk management, a deep understanding of your customers is required. Only by fusing together all activities, transactional and non-transactional, from onboarding, screening and KYC to fraud and AML monitoring with advanced analytics, will you gain clarity through context for better financial crime risk management.

At NICE Actimize, we call this approach Customer Lifecycle Risk Management (CLRM). Understand your customers and their associated risks to strike the right balance between risk management and business growth objectives.

Join us when industry experts and practitioners discuss how to deliver effective Customer Lifecycle Risk Management in our innovation series:

Part 1: CLRM – The Revolution Has Started
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  - Changing the status quo
  - Providing valuable benefits and moving the needle in fighting financial crime
  - Achieving end-to-end CLRM

Part 2: Do You Know Who You’re Doing Business With?

  - Understanding entity resolution (ER)
  - Determining how ER impacts risk management
  - Delivering precision analytics and investigation efficiency

Part 3: KYC Risk vs Revenue: You Shouldn’t Have to Choose

  - Understanding the bigger picture from onboarding throughout customer lifecycle
  - Mitigating risk in a digital banking world: tools and tactics
  - Starting smart and staying informed with dynamic KYC

Part 4: Risk Screening Throughout The Customer Lifecycle

  - Does effective screening mean changing the status quo? 
  - Leveraging screening as a business enabler 
  - Starting your screening modernization journey 

Part 5: Transaction Monitoring: Don’t Chase the Money, Follow the Data

  - Is transaction monitoring still an effective way to stop financial crime?
  - What is a dynamic approach to transaction monitor in a data rich environment?
  - How do we move beyond transaction monitoring?

Part 6: Think Globally, Act Locally – The New Way to Manage Financial Crime Risk

  - Contextualizing financial crime risk: limitations of current risk management processes 
  - Instilling the "bigger picture" into risk management to decrease risk and increase revenue 
  - Adopting a new approach to financial crime risk management delivering local insights, powered by a global view