Within only six months of deploying WorkFusion’s packaged solution for Adverse Media Monitoring, Scotiabank optimized its AML processes into a competitive advantage and freed up an amount of time and effort equivalent to more than 100 compliance analysts.
Find out how Scotiabank achieved these impressive results:
- Increased adverse media search coverage by 50% (30 articles per name vs. 20)
- Enhanced accuracy of news articles analysis, reducing the risk of missing something
- Improved transparency by documenting decision-making behind each action