Training Objectives

By the end of the programme, participants will:

• Understand the evolution of technology applied to Financial Crime
• Basic principles and systems terminology
• Technology Regulatory Environment
• Transforming business requirements into technology capabilities
• Compliance Technology applied to the customer journey triggers in KYC, main transaction monitoring scenarios
• Study of different use cases e.g. AML (KYC, Transaction Monitoring), Sanctions, Fraud
• Future of technology: Artificial Intelligence, Machine Learning, Generative AI

Training Outline

Technology and Financial Crime

• Compliance systems: types and operating principles e.g. Rules-based
• Systems terminology e.g. rules vs models
•  Regulatory environment: EU AI Act, overview across regions: UK, MENA and APAC

Technology & systems lifecycle

• Business requirements
• Development and procurement
• Implementation and post-sale services and consultancy

Technology and Customer Journey

• Controls mapping to technology: what systems do in each part of the customer journey e.g. from KYC/onboarding to exit

Use Cases

• ID&V
• KYC
• Transaction Monitoring
• Sanctions
• Fraud
• Case Managers
• SAR/STR Managers
• Analytics Platforms

Future of Technology:

• Machine Learning & Artificial Intelligence
• Generative AI
• Regulation
• Challenges and Opportunities

Who Should Attend

The course is ideal for:

• COOs
• Directors
• Senior Managers
• Regulatory compliance officers
• AML Officers
• Sanction Officers
• Fraud Officers
• National supervisors
• Internal ITC specialists
• Chief data officers

Training Style

The programme is designed to deliver an overview of how technology and systems are applied to different challenges faced by financial institutions today. It will aim to improve participants’ skills and knowledge via lectures supported by power-point presentations and practical examples.  The training style is both training-focused, involving a combination of presentation and real-live examples, but also learner-focused, where participants are encouraged to raise questions, seek clarifications and share their opinions from their different perspectives and engage in an exchange of views and personal professional experiences.

CPD Recognition

This programme may be approved for up to 7 CPD units in Financial Regulation. Eligibility criteria and CPD Units are verified directly by your association, regulator or other bodies which you hold membership.

In-house Training

For groups within the same organisation, this course may be customized to meet any specific needs and delivered in-house.