Napier AI’s podcast series aims to connect trending fintech topics with financial crime compliance, equipping financial institutions with the insights they need to disrupt financial crime.
In our fourth episode, we sat down with Napier AI’s Head of EMEA Region, Graham Hogan, to cover how wealth & asset management firms can automate compliance in order to spend more time on improving customer experience and make onboarding new customers easier. Graham Hogan brings a wealth of experience, having worked two decades in the financial services and risk management space.
Asset management firms are facing growing demand for transparency from customers and regulators. But, they are struggling with manual, inflexible and outdated legacy systems. As regulations and technologies adapt, they must look to modernise in parallel.
By moving beyond manual or legacy systems, centralising client screening and KYC, improving data quality, and implementing AI, firms can remain compliant while improving customer experience.
In this podcast episode, we cover:
- Business challenges facing wealth & asset management firms
- Common mistakes made when addressing financial crime compliance
- Improving customer experience while remaining compliant
- How best to automate compliance processes
- Impact of AI on financial crime compliance in the sector
Learn more about how to automate sanctions screening for wealth & asset management in our latest whitepaper.
Photo by Denisse Leon on Unsplash