Our ongoing work with AML Analytics in sanctions screening systems testing has enabled our bank to increase the effectiveness and efficiency of our sanctions screening system due to our in-depth understanding of system performance driven by AML Analytics detailed data analysis.

Our compliance and technology teams in Hong Kong have been able to leverage the AML Analytics testing technology to ensure our sanctions screening system is working in the way we expect and is fit for purpose in line with our bank’s risk appetite, whilst undertaking iterative testing in tuning exercises to minimise false positives allowing our AML supervisory activities to run efficiently.