AML & Fraud Control Optimisation
Work with FinCrime Dynamics to ensure your existing controls are fit for purpose
How we help you ensure confidence in your controls
We provide a bespoke service tailored to your business: We work with you to deeply understand your business
Understand your existing defence performance: We carefully assess your current controls and their objectives
Comprehensive testing of your controls: We perform an independent and thorough test of your controls to catch any issues before they become problems
Improve your defences: We analyse and report test findings with recommendations to improve your controls, enabling you to build better defences internally or in partnership with us.
Client case study
Client type
Payment firm
The problem
The client used a combination of rules provided off the shelf by a vendor, along with internally and externally written rules. These rules had not been tested to validate their effectiveness, resulting in performance issues.
What we did
We then tested their rules, which identified numerous flaws that were previously unknown, resulting in various fraud exposures. In many cases, rules were not performing as expected or had not been calibrated in an optimal manner.
The outcome
Thorough testing highlighted flaws in the client’s rules that were not detecting critical types of fraud as they were intended to. Immediate remediation allowed us to ensure rules were amended to perform as intended and reduce potential fraud losses.
How we work with you
Discovery call: Tell us about your business so we can carefully assess your business, existing controls and testing objectives
Proposal: We will provide you with a proposal with an appropriate testing programme bespoke to your business aims
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