University | Singapore University of Social Science (SUSS) |
Subject | FIN573: Financial Crime Compliance |
FIN573: Financial Crime Compliance Report, SUSS, Singapore: You produced in response to Q1 above, you recognize that simply increasing headcount is not a sustainable proposition in the long term
Question 3
As a follow-up to the report you produced in response to Q1 above, you recognize that simply increasing headcount is not a sustainable proposition in the long term. Currently, the onboarding staff manually screens new applicants against a selection of checklists, including sanctions, PEP, and adverse media lists, and this aspect is becoming increasingly onerous.
You believe that the best solution is to suggest to the board the use of commercially available automated artificial intelligence (AI), machine learning, and data analytics systems. The report should:
- highlight why the new technology is needed
- acknowledge the costs
- cover a proposed schedule for implementation
- detail how the technology will solve the current problems and how it will prevent future problems, and
- state how you propose to measure the success of the implementation if it goes ahead. The report should also acknowledge that such automated systems are prone to substantial exception reporting, especially at the outset, and include a proposal for dealing with the exceptions.
Hire a Professional Essay & Assignment Writer for completing your Academic Assessments
Looking for assistance with your FIN573 assignments at SUSS? Look no further! We provide tailored services to meet your needs, from FYP support to group assignments and report writing Services. Our expert team acknowledges that increasing headcount isn't a sustainable solution in the long term, as seen in your response to Q1 of the Financial Crime Compliance report. With our assignment help in Singapore.
Tags:-
- Business Accounting & Finance – (VM) – A3 Assignment, UOM, Singapore
- HRM3010S: Managing People At Work, Assignment, UCD, Singapore
- HFS351: Safety Management and Audit, End-of-Course Assessment, SUSS, Singapore
- HFSY217: Emergency Preparedness and Response Planning, TMA (Tutor-Marked Assignment), SUSS
- CMM315: TMA (Tutor-Marked Assignment) – Peacebuilding and Security, SUSS, Singapore
- Harley Davidson utilized different entry mode strategies in pursuit of internationalization: Sustainable, Assignment, UoN, Singapore
- Nursing Patients With Chronic Illness, Assignment 3, LTU, Singapore: Jason Bundhoo is a 42-year-old car driver from Triolet
- DSM: R for Data Science, Coursework 2, UOL, Singapore: In this coursework assignment you should return to this dataset and perform an appropriate investigation into building a statistical model
- DSM120: Financial Data Modelling, Coursework 1, UOL, Singapore
- Data Science Final Project, Coursework 1, UOL, Singapore: Your first formal coursework submission is your full project proposal, This sets out very clearly what your Data Science Project will be, and also how you will conduct the project
UP TO 15 % DISCOUNT