Optimizing Transaction Monitoring

- Swedish webinar -

The costly burden of false alerts - How to capture the significant potential for optimization

According to experience and existing data, 80-95% of alerts from transaction monitoring are false. Meanwhile real risks may not be adequately mitigated. The potential to increase the conversion rate and reduce costs is substantial. Costs can be reduced and time allocated to scenario development and better risk analysis.

There are quantitative and qualitative approaches to addressing TM performance through scenario optimization. With credible data and adequate information about the conditions of the business of the company, there is mostly quite a significant potential to improve performance and reduce costs.

In this webinar Ronny Gustavsson, Director and Head of Financial Crime Prevention FCG and André Christiansen, Senior Associate, optimization specialist and co-author of FCGs latest whitepaper (https://fcg.global/false-alarms-or-fit-for-purpose-is-transaction-monitoring-working-in-your-favour/) on transaction monitoring will talk about the process around establishing what should be the volume of alerts generated in your transaction monitoring, and how you can establish that your scenarios are sufficient to capture the risks that you have identified in your business.

Welcome, we look forward seeing you there.