The next-generation strategy for Anti-Financial Crime (AFC) moves beyond reactionary, rule-based compliance to an Intelligence-Driven, Proactive Offense. This requires a re-focus on the foundational data layer with on-going data governance.

Leverage advanced analytics to predict and preempt emerging threats for your institution:

– Data First: Establish a "single source of truth" for all underlying customer and transactional data.
– A proactive offense means targeting the underlying criminal activity (the predicate offenses) before the laundering or fraud is complete.
– Technology, including AI, should be adopted strategically in your techstack to augment analysts as a "force multiplier.”