The Importance of Building Alert Rationale

Politically Exposed Person’s (PEPs), Sanctions and Adverse Media alerts all require rationale to explain whether an alert is a false positive, true match or if further information is required. Investigators will normally have to compare two sets of information and look for differences in order to make a decision, this can only be done by using reliable information and a common-sense risk-based approach.  Alert investigations are performed […]

Date of Birth Reliance in Alert Remediation

The consensus when investigating financial crime alerts for individuals, is to close all alerts where the date of birth is more than 2 years apart. A more aggressive strategy is to close alerts where the dates of birth are different – even if only by 1 day. In this short article, we will address the […]

Introducing Innovation Radar

Introducing SQA Consulting’s Innovation Radar, our research framework that allows us to plot the capability footprint of technology platforms. With this framework, we assess the strengths of technology vendor offerings in hyper-growth markets on the basis of the innovation potential they can deliver.   Why Innovation? Change is a constant both in technology and in […]

Financial Crime in 2021 – Brexit and the 6th Anti Money Laundering Directive

The 3rd of December 2020 saw the introduction of the 6th AML Directive into European law, with implementation of those regulations for all organisations within EU member states by the 3rd June 2021. While the United Kingdom has opted out of the Anti-Money Laundering Directive (AMLD) due to its departure from Europe, many UK financial […]

Process Cost Optimisation<br>The Rise of Intelligent Business Process Automation

What Are The Ongoing Challenges? As a CEO, CTO, CIO or CFO you are constantly being challenged to lower costs while at the same time having to: Reduce business risk Improve customer satisfaction Improve quality Enhance process consistency Maintain security Simplify operations Ensure compliance When looking for cost efficiencies, our natural instinct is to target […]

The Future Tense of Work: Integrated Automation

In this second instalment of our series, The Future Tense of Work, we focus on Integrated Automation. This topic lies at the intersection of people (employees) and technology dimensions in the model below. For more detail on this model, you can re-cap on our introductory article. What are some of the different automation technologies? Automation can […]