MKB Bank is one of the leading universal banking groups in Hungary having more than 60 years of history offering platform based serviced.
The 4th AML Directive of the European Union announced new requirements, so the bank was seeking a solution enabling them to be compliant with the new regulations. The timeframe was extremely tight as they needed to find a such a solution within 2 months that – after an introductory training – can be adapted and fine-tuned on their own, using their own experience, without any external assistance.
The fact that SAS is a big brand, being recognized worldwide enables MKB Bank to use the cooperation as a reference with their corresponding banks.
“We chose SAS because of their strong brand, professional local support and fair pricing” says Mr. Bácsfalvi and tells more about how they leverage SAS solution in the following video.
“The successful implementation enabled us to track all alerts regardless of their complexity“András BácsfalviHead of Compliance and AMLMKB Bank
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