Nikhil Aggarwal

Financial Crime Risk is the risk of adverse financial, reputational or regulatory impact from money laundering, the breach of applicable sanctions or bribery. Recent regulatory scrutiny and enforcement has resulted in Banks building and bolstering their data and analytics capabilities. 

This session presents a summary of Financial Crime Compliance analytics. Key use cases range from crafting visual dashboards, conducting an enterprise-wide risk assessment to designing detection scenarios and alert risk scoring models.  Insights generated with result in improved risk classification, a more calibrated risk appetite statement, and mitigation of criminal behaviour. 

A three-stage roadmap encompassing data processes, robust MIS routines and deploying advanced analytics is discussed in detail.