AML operations are labor-intensive and high-risk
AML is a balancing act
Every AML expert knows this is a complex and risk-heavy function. Reducing compliance costs leads to higher risk, while enhancing the coverage and quality of screening can slow things down.
Compliance debt is building up
The typical approach of throwing people at the problem doesn’t work. More manual work leads to more errors, which requires even more manual work... and a vicious cycle is created as compliance debt builds up.
The cost of manual work is rising
When employees have to waste time reviewing false-positive alerts, their dissatisfaction grows, and so does attrition. The costs of manual work, including hiring, onboarding and management continue to soar.
Smart banks turn to Intelligent Automation for solutions
Innovators like Scotiabank use Intelligent Automation to streamline operations in AML, compliance and sanctions screening
Transform your compliance operations
Improve the quality and capacity of your AML and screening operations while saving millions and avoiding regulatory actions
WorkFusion’s Intelligent Automation offers financial organizations a new way to automate complex, document-heavy processes in AML, compliance and sanctions screening.
Our pre-built industry solutions seamlessly integrate with your existing tech stack to augment your workforce, reduce manual work and expand screening coverage, while cutting costs by 50% and more.
The automation rate and accuracy of the solutions are continuously improved over time through cloud learning.
Best of all: You can deploy them and see results within just 10 weeks.
Intelligent Automation solutions that work
Automate key processes in AML and sanctions screening with pre-built solutions and protect your business
Streamline investigation of negative news, check larger volumes of news with higher accuracy, and reduce the risk of regulatory penalties.
One unified, all-inclusive, enterprise-strength platform
Start, expand and scale automation with Intelligent Automation Cloud
Ready to automate your AML operations?
Want to learn more?
Explore these resources for insights about AML automation
Learn about the challenges that banks face in AML and KYC and how they can be solved with Intelligent Automation.
Get practical guidance on how to design a successful automation approach to solve common AML challenges.