How to Optimize Your AML System (Without Hiring Sherlock)
If you’re tasked with evaluating a BSA/AML system, you may be fooling yourself into thinking you have the fictional skills it would take to evaluate and optimize your AML system by looking solely at the number of alerts your AML system generates. Although the number of alerts is meaningful information, it does not tell the full story. And, unless you’re Sherlock Holmes, this information alone won’t answer the important questions. Here's an effective model for optimizing your AML system, without having to hire Sherlock. [9/12/17]
