Archives

January 25th 2023

Surge in AML Fines Expose Financial Institutions’ Compliance Shortcomings

Avatar for John Leahy
John Leahy | Blog - 3 min.
Are financial institutions around the world doing enough to implement robust anti-money laundering (AML) and know your customer (KYC) capabilities? New figures suggest not. Banks and other financial organisations were fined almost $5 billion last year for AML infractions, KYC system failings and sanctions breaches, bringing the total meted out since the global financial crisis […]
January 24th 2023

The Human Side To Investment Management Automation

Avatar for Tom Dillane
Tom Dillane | Blog - 3 min.
Automating investment management operations processes takes people, not just IT systems. That may sound like an off-point message from an investor servicing technology solutions vendor like us. After all, Deep Pool is in the business of developing and selling systems. Our raison d’être lies in providing clients (fund administrators, investment managers and other financial services […]