Solution Providers/Vendors

In today’s financial landscape, banks and insurance companies are increasingly focused on achieving greater efficiency without compromising effectiveness in combating financial crimes like sanctions evasion, AML and terrorism financing.

This session will delve into the evolving priorities within the financial services sector, particularly the shift towards cost reduction and streamlined operations in compliance efforts.

• Analyse how banks and insurance companies can reduce costs and staffing while maintaining effective financial crime prevention, with a focus on technology-driven solutions.

• Discover the importance of integrated processes, data quality, and regulatory education in building efficient, less siloed systems that comply with emerging regulations such as the EU AI Act (Regulation (EU) 2024/1689).

The complexity of risk management in a large organisation with multiple business units and regions requires a robust risk management strategy to prioritise and address the most critical risks. This industry-led panel session will delve into the most pressing strategies to mitigate risks for your company.

• Revise the importance of mitigating reputational risk to safeguard your organisation’s reputation.
• Understand the concept of reputational risk and how it varies across different cultures and industries to see how your organisation would look against this backdrop.
• Acknowledge your own company’s ‘risk appetite’ as reputational risk can encompass both legal and illegal activities, to understand your organisation’s limits on reputational risk.