Mar
31
AML Compliance in FinTech Workshop
About

Unique Challenges, Best Practice Implementation & Recommendations

FinTech companies have AML compliance challenges that differ from those of traditional financial institutions. One of the main struggles is the lack of out-of-box solutions that could match their unique business models. To be compliant, they must adapt an existing off the shelf solution or create a brand new one – both options involving considerable cost and risk. Other challenges involve issues around scalability, budget constraints, lack of FinCrime domain and expertise and more.

During this workshop, Matrix-IFS will discuss the unique AML Compliance issues FinTech and offer cost-effective and scalable solutions.

Topics discussed:

  • Risk Assessments
  • Procedures, Policy & Controls Review
  • The Soundness of Your AML Risk Coverage.
  • Bespoke Models & Custom Out-of-box Solutions
  • Model Performance Evaluation
  • Challenger Bank Use Case

audience

VPs / Directors / Heads of Compliance & AML related roles from FinTech Companies

date & time
Tuesday, Mar 31, 2020
location
18 King William Street
London
ADD TO CALENDAR 03/31/2020 2:00 AM 03/31/2020 2:00 AM IST AML Compliance in FinTech Workshop

Unique Challenges, Best Practice Implementation & Recommendations

FinTech companies have AML compliance challenges that differ from those of traditional financial institutions. One of the main struggles is the lack of out-of-box solutions that could match their unique business models. To be compliant, they must adapt an existing off the shelf solution or create a brand new one – both options involving considerable cost and risk. Other challenges involve issues around scalability, budget constraints, lack of FinCrime domain and expertise and more.

During this workshop, Matrix-IFS will discuss the unique AML Compliance issues FinTech and offer cost-effective and scalable solutions.

Topics discussed:

  • Risk Assessments
  • Procedures, Policy & Controls Review
  • The Soundness of Your AML Risk Coverage.
  • Bespoke Models & Custom Out-of-box Solutions
  • Model Performance Evaluation
  • Challenger Bank Use Case
18 King William Street London,

Event Registration