Despite leveraging RPA to partially automate 130 business processes, a large North American bank faced a backlog of 20,000 name sanctions screening alerts. With budget initiatives preventing them from hiring any additional team members, the bank focused its efforts to bring on AI and more intelligent automations with a specific AML focus.
We invite you to read this case study, which explores how the bank leveraged AI and intelligent automation to:
- Eliminate their entire backlog of 20,000 name sanctions screening alerts without increasing headcount
- Disposition 600-800 ongoing daily alerts
- Achieve new levels of efficiency within their AML team, obtaining full buy-in from their IT, Technology, Client Management, Delivery Management, and Project Management departments