About this paper
Financial institutions are facing intense pressure in financial crime compliance operations. Exploding costs and risks of running compliance programs are forcing banks to rethink their strategy, resulting in some cases where relationships and service offerings are terminated.
Growing speed, volume and technological complexities raise the challenges in AML. However, recent developments in artificial intelligence (AI), machine learning (ML) and robotic process automation (RPA) are producing solutions that improve AML programs.
This Celent report analyzes AML challenges and highlights how RPA, AI and ML help solve them.
SAS is the leader in analytics. Through innovative analytics, business intelligence and data management software and services, SAS helps customers at more than 83,000 sites make better decisions faster. Since 1976, SAS has been giving customers around the world THE POWER TO KNOW®.