Uncovering True Risk Levels in Your Customer Screening Process
How do banks currently use adverse media screening? What value do they feel they get from the current process? And what improvements could they make, in terms of both process and technology, to improve the identification of true risks in their customer and supplier screening processes?
This report follows a recent roundtable discussion with compliance professionals from a range of UK banks and financial institutions. It outlines the ways in which they’re currently using adverse media screening, the challenges they face in the screening process, and the ways in which technology can be used to cut through the noise and uncover true risk levels.