MTS Bank (IBRD, Moscow Bank for Reconstruction and Development) (SAS Anti-Money Laundering (SAS AML))

In the Russian market in November, 2017 Ekaterina Yermolaeva, the head of service of financial monitoring of MTS of bank shared successful experience of implementation of SAS AML. The question of review of approach to monitoring of transactions and to implementation of the industrial solution in bank arose in 2014 owing to the whole complex of the reasons. On the one hand, crisis and toughening of requirements of the regulator, with another – sharp growth of the customer base owing to consolidation with MTS base became an incentive to changes. When choosing the supplier of MTS Bank wanted to receive the tool which would differ in stability, it could be integrated into the operating infrastructure and allowed change and complication of scenarios. A choice for benefit of SAS AML which helped bank to solve its problems was as a result made. Creation of a single platform became essential advantage as a result of implementation: if earlier the bank used several accounting systems for data analysis, the single platform increased efficiency and considerably reduced time of identification of doubtful transactions.