Success stories

Coforge helps UK bank subsidiary fight financial crime with new comprehensive solution

Written by Admin | Jul 15, 2024 5:55:30 AM

The UK subsidiary of a global bank identified Financial Crime as one of the Top 5 risks that could have a significant impact on customers and the bank's reputation. Criminals were increasingly using the financial system for illegal activities like money laundering, human trafficking, and terrorism. To address these risks and achieve sustainable Financial Crime compliance, the Financial Crime Transformation Program (FCTP) was initiated.