Fraud Prevention
Combat fraud and financial crime effectively with our intelligent real-time decision engine.
Success story
Centralizing AML Post Transaction Monitoring Across Business Lines
As AML requirements continue to evolve, insurers need monitoring processes that are not only effective but also consistent, transparent, and explainable across different business lines. At the same time, increasing regulatory expectations and growing data volumes are making AML compliance more complex.
As part of its Customer Due Diligence (CDD) program, ASR Nederland N.V. (a.s.r.) set out to harmonize its AML Post Transaction Monitoring approach. With RiskShield SaaS, the insurer is gradually bringing decentralized monitoring activities together, creating a shared foundation for continued AML compliance and future development.
The ChallEnge
For insurers, AML compliance is nothing new. The challenge today is to ensure that existing monitoring processes remain effective, consistent, and fully explainable as regulatory requirements continue to evolve.
At a.s.r., transaction monitoring was historically organized by individual product lines. As part of its CDD program, the company wanted to move toward a more centralized monitoring approach with greater consistency across processes, policies, and business lines.
The SaaS platform gives us greater flexibility in managing our AML environment. We do not need to maintain every technical component ourselves, we can create integrations with other systems, and we have a platform we can rely on. This stability gives us confidence and allows us to focus on what matters most: detecting, investigating cases and resolving potential financial crime risks.
The project in brief
To support its CDD program, a.s.r. implemented RiskShield SaaS for AML Post Transaction Monitoring.
- Centralized monitoring environment
- Integrated monitoring and case management
- Gradual rollout across multiple business lines
- Configurable detection framework
- Foundation for future AML development
The result
With RiskShield SaaS, a.s.r. is establishing a shared operational foundation for AML Post Transaction Monitoring. The platform supports more consistent monitoring processes and provides a stable basis for continuous optimization and the gradual expansion across additional business lines. At the same time, a.s.r. is preparing for upcoming regulatory requirements, including AMLR.
Want to know more?
Complete the request form below to receive the full success story. The publication is available in English, German and Dutch. If you prefer the Dutch version, simply mention it in the message field.
