Financial crime: The sum of the parts is greater than the whole

For many financial services organizations, the idea of aspiring to build a single, enterprise-wide financial crime program seems daunting, making them hesitate to take the initial steps to lay the groundwork for such an initiative.

However, as financial crime threats evolve, financial services must continue adapting and improving to keep pace with marketplace dynamics; they must do so by building a comprehensive set of technologies that have the flexibility to evolve.

This white paper discusses five common pitfalls of financial crime prevention and looks at ways to strategically approach it. The paper further explains the benefits of applying a strategic approach to financial crime prevention.