Financial Crime Compliance Turning financial crime fighting into a competitive advantage Protiviti offers a multi-dimensional set of solutions and managed services to help your organisation efficiently fight financial crime while staying in sync with regulatory changes. We operate in a highly collaborative environment to promote knowledge and skill transfers and enable your teams to lead through innovative and sustainable processes. We leverage our unique, high value delivery model and manage financial crime risks through proven delivery of valued-added solutions.The financial crime landscape has become increasingly complex due to global uncertainty, cost pressures and technology-driven financial crime. Compliance-related costs have increased with sanctions screening, KYC remediations, and transaction monitoring among the costliest elements. As financial crimes become more sophisticated and the regulatory landscape continues to evolve, financial institutions must adopt innovative, proactive and sustainable measures to keep up with the pace of change and effectively combat illicit actors. Financial Crime costs continue to escalate, making innovative solutions even more important Financial crime compliance services Pro Document Stack Assess and Assure Services We identify, quantify, document, monitor, and manage financial crime risks both horizontally across your business, as well as vertically down to any one individual customer relationship to evaluate the effectiveness and design of your financial crime landscape. We offer services like policy and procedure assessments; risk and controls regulatory assessments; programme assessments; programme and procedure audits; corrective action plan validations Pro System Security Respond and Remediation Services We offer identification, planning and remediation of financial crime consulting vulnerabilities to help you reduce the overall regulatory risk to your business and keep up with evolving regulations. Our services include: incident and crisis response and management; disputes and claims; regulatory/examination planning and management; programme remediation planning and execution; regulatory change planning, management, and execution Pro Legal Briefcase Forensic Investigation services We deliver meaningful, data-driven insights to help you improve the effectiveness of your programme by consolidating your processes into one customised enterprise-driven solution. Our services include: forensic investigations related to fraud, Anti-Bribery and Corruption (AB&C), ethics and employee conduct, financial records, data breaches, claims and disputes; third party due diligence reviews; business intelligence research; anti-bribery and corruption compliance programme evaluation Pro Document Folder Fraud risk management Respond to red flags or fraud reports and develop right-sized fraud risk management programmes tailored to your unique fraud risk profile. Our teams assist organisations with architecting fraud control policies and response plans, risk assessment methodologies, and training and awareness programmes. We also help you leverage analytic tools and techniques to identify yellow and red flags that can be indicative of fraud and misconduct within your organisation. Pro Document Files Data and Analytics Services We analyse and validate business data to test the effectiveness of internal controls across your financial crime programmes so your organisation can execute strategic initiatives while mitigating risks. Our services include: model development and testing; model validation, tuning, and optimisation; scenario analysis and development; data mapping, lineage, and transformation; data analytics methodology, techniques, and tools assessment and deployment; data analytics strategy development and implementation Pro Document Consent Transformational Services We transform your compliance program using data, technology, and human intelligence to optimise your programmes while reducing risks, containing costs, and improving your financial crime ecosystem: optimisation diagnostics; policy design and implementation; process reengineering and automation, robotic Process Automation (RPA), artificial Intelligence (AI), digital transformation; data model and standards redesign and implementation; technology vendor assessment and systems implementation; transform programme and project management; revenue preservation and loss prevention Pro Location Globe People and Organisation Services Protiviti’s approach to helping organisations leverage their most trusted assets, their people, is driven by the power of human intelligence where data, technology, change management, and training are the key ingredients to establishing a well-rounded people centric strategy: organisational model redesign and implementation, including job design; talent and competency assessment, competency model design and implementation; training curriculum/program design and implementation; change management; culture assessment, strategy development and execution How Protiviti can help ensure financial crime compliance Protiviti helps compliance officers, board members, and all three lines of defence respond to situations of noncompliance, provide sustainable Anti-Money Laundering (AML) solutions and suspicious transaction reporting.Protiviti provides a wide variety of consultative services designed to assist organisations in all aspects of AML/Combating of the Financing of Terrorism (CFT) compliance. Drive innovative financial crime consulting thinking and execution Our approach to managing compliance risk Protiviti understands the key financial crime challenges leaders face today as well as the future risks for which they need to prepare. We help companies around the globe identify, measure, and navigate their financial crime risks using tactical, sustainable and value-added solutions.Our approach is to drive innovative financial crime consulting thinking and execution and to help organisations shift the narrative from assessing financial crime risk to designing, building, implementing and effectively running financial crime consulting operations.Our experts help organisations like yours:Develop and implement enhanced business processes related to AML fraud, OFAC and sanctions, market abuse and trade surveillance and ABC.Leverage technology, innovation and data to reduce costs, adhere to regulatory requirements and address evolving client challenges. Leadership Mark Burgess Mark is a managing director and Protiviti’s risk and compliance solution lead. With over 17 years of risk and regulatory compliance experience in the financial services industry, he has a proven track record delivering deep insights for his clients.Mark has spent a ... Learn More Matthew Pirera Matt is a managing director in Protiviti Australia’s risk and compliance team and is responsible for leading the delivery of best practice solutions across Protiviti’s key clients. Matt is the national financial services industry lead, also leading the Protiviti ... Learn More Featured insights RESEARCH GUIDE FAQ Guide on the Use of AI for Financial Crime Compliance Ask financial crime professionals what the most challenging part of their job is, and most will likely say it is the timely identification of suspicious activity. As much as companies have worked to improve their detection capabilities given their... 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