Disrupting financial crime
As financial crime reaches new levels of sophistication, firms are seeking a balance between efficiency and effectiveness to disrupt it.
In a complex, connected and ever-changing world, known and unknown risks proliferate. Financial crime is one such risk. In fact, it's one of the largest systemic risks to the global economy, with devastating impacts on businesses and communities around the world.
Financial crime is an enormous problem, with unsustainable costs. The estimated annual cost of money laundering and associated crimes is between US$1.4 trillion to US$3.5 trillion. No wonder that as financial services organizations struggle to contain compliance costs, and the threat of money laundering continues, there is increasing recognition of the need for change and innovation.
We are at the forefront of the industry’s fight against financial crime, and we can help you navigate the risks associated with it.