Case Study

Clean House: Leading financial institution experienced meteoric growth, and its anti-money laundering solution couldn’t keep up

Clean House: Leading financial institution experienced meteoric growth, and its anti-money laundering solution couldn’t keep up

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Win the Race in Record Time Clean House Leading financial institution experienced meteoric growth, and its anti-money laundering solution couldn’t keep up. The bank had to deploy a new solution before the end of the year. It required a vendor that could step in and assure success in a short amount of time. Oracle Financial Services Analytical Applications presented a closed project proposal that it modified after feedback form the bank, replacing it with a staff augmentation service model. The bank greatly appreciated Oracle’s flexibility, and it began implementing Oracle Financial Services Anti Money Laundering in April – following a two-week onsite workshop. The rollout progressed in three phases, which were completed almost entirely offshore. Business users are reaping the foll

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