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The Hidden Risk in AML Programs: Poor Data Governance
We all know the saying as it relates to model data: 🚮 garbage in, garbage out 🚮 . 🚨 But when it comes to AML models, the stakes are obviously much higher... Many institutions invest millions in advanced AML systems, yet the models are only as effective as the data feeding them. 🛑 Inaccurate, inconsistent, or incomplete data can inflate false positives, obscure suspicious activity, and drain compliance resources. And even worse, it can leave real financial crime undetecte
Jul 311 min read
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