Spotlight: Anti-Money Laundering (AML)


To Remain Profitable, the Financial Industry Requires Strong, Standardized Practices to Fight Money Laundering & Comply With Costly Regulations

Anti-Money Laundering Transactions are on the Rise as global money laundering transactions are estimated at $1 trillion to $2 trillion annually. If these fees were a country, they’d rank as one of the top 10 economies in the world. Only 50% of money laundering and terrorist transactions were detected by system alerts in 2016. And global spend on AML compliance is set to grow to more than $8 billion by the end of 2017, then increasing at 9% to 10% year over year. AML Compliance Fines Kill Profit margins as about 18% of financial institutions will experience some type of compliance issue and fine. Since 2008, more than $321 billion in compliance fines have been issued – including a single fine of nearly $9 billion.

In this Financial Services Spotlight, DISYS discusses challenges in data security, legacy system upgrades, regulatory compliance and talent retention — all key components to mounting a successful anti-money laundering stance.

To find out more, view our Financial Services Solutions page.