This white paper was originally created by RDC and published on rdc.com.
We’ve assembled our top 12 lessons learned based on our experience with more than 1,000 clients across more than 100 countries.
Compliance customer screening excellence begins with the basic principles of risk management. Our best-in-class customers examine each line of business or region, considering both the probability and the impact of various financial and business risks. They pay close attention to defining what they would like to know vs. what they need to know in terms of both risk event types and risk stages. Customers who spend time on this tend to have fewer issues with false positives and excessive analyst workload.
If you’re reviewing or planning a compliance program, these lessons will help you take major steps toward superior screening.