AML monitoring and investigations

In Banking and capital markets

Our anti-money laundering (AML) monitoring and investigations services help deliver meaningful, data-driven insights and skilled resources to identify suspicious financial activity more quickly and accurately, reduce the quantity of false positives, and improve the efficiency of your AML processes.

What EY can do for you

Banks and other financial institutions must carefully monitor operations for suspicious activity potentially related to money laundering and report it quickly and accurately. But the best way to conduct such monitoring and reporting is less clear.

Huge investigative teams are costly to maintain. Massive and highly complex data sets are challenging to manage, manipulate and analyze. Manual processes and outdated systems reduce speed and accuracy and may limit visibility and audit trails. Also, many institutions find it difficult to access skilled and experienced specialists when they need them and struggle to build credibility with regulators.

EY AML transaction monitoring services help financial institutions address these issues and instill more efficient and effective monitoring capabilities. The flexible and scalable approach brings together advanced technology and process automation, along with deep industry knowledge, skilled teams and robust operational support.The result? Banks can design, implement and manage an AML monitoring program that suits their needs – even as those needs change.

The suite of services for AML monitoring and investigation includes:

Why EY

EY is a worldwide leader in the fight to disrupt financial crime. EY teams made up of 3,800+ industry and domain professionals from across the globe bring a wealth of knowledge and strong relationships with regulators.

We have led financial crime transformation and remediation programs at 7 of the 10 largest financial services organizations. 

We have invested US$100m in a proprietary financial crime compliance platform, which is the foundation for monitoring and investigation services. Based on industry standards and controls, the platform facilitates the use of AI and machine learning so banks can incorporate larger and more complex data sets into their monitoring programs and analyze them more precisely. Its flexible and scalable design allows banks to evolve their monitoring capabilities as their needs change.

Delivered through a network of global service centers, our managed services offering supports the entire AML lifecycle, with comprehensive monitoring and investigation support, model tuning and maintenance, transformation and re-engineering, and reporting.

Other EY services to help banks fight financial crime include:

Protecting the enterprise

We help protect your enterprise from a large and expanding set of risks, including cyber, fraud, financial crime, and data privacy and protection.

Explore our latest thinking on protecting the enterprise in financial services.

Contact us
Want a demo of our AML monitoring and investigation tool? Get in touch.