Technical brief: Scalable, actionable anti-money laundering infrastructure
Banking IT organisations seek to satisfy new anti-money laundering (AML) challenges efficiently, even as they address business needs for new functionality, better response times, and client flexibility.
Technology advances such as cloud, big data analytics, and new middleware play an increasingly important role to detect money laundering attempts, many financial firms are re-engineering their AML processes.
Open source AML solutions are an especially attractive and compelling alternative, offering lower costs, rapid technology evolution, and broad community-based innovation.
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