Juni, an emerging fintech company, faced significant challenges in optimising its AML compliance program. This case study outlines how Juni benefited by utilising Salv’s screening, transaction monitoring, and customer risk scoring.
Juni’s journey began with a critical need to upgrade its manual risk scoring processes. The company was looking for a way to speed up the transition from manual database queries to secure and auditable processes that pave the way to more automation.
The case study delves into the practical aspects of Juni’s integration with Salv, highlighting a smooth and error-free integration process that spanned a period of 2 weeks. Significant improvements included a drastic reduction in false positive alerts, enhanced efficiency in alert handling, and a high level of customisation in risk scoring.
Key insights shared in this case study include:
- How to power up AML compliance to support scaling and growth.
- Improving transaction monitoring with more precise risk scoring.
- Balancing complexity and customisation in AML compliance.