Case Study: Cash Converters improves AML/CTF risk assessment with Arctic Intelligence's AML Accelerate

Cash Converters strengthens enterprise-wide AML/CTF risk assessments with Arctic Intelligence

Cash Converters, a well-known Australian retailer and provider of financial products, sought to enhance its financial crime compliance by replacing its manual risk assessment processes. To achieve an enterprise-wide view of its risks and better understand its vulnerabilities, the company adopted the AML Accelerate solution from Arctic Intelligence.

Arctic Intelligence implemented AML Accelerate, which provided Cash Converters with a sophisticated tool to document risk narratives, assess control effectiveness, and allocate individual risk ratings. The solution from Arctic Intelligence resulted in an evolving technology that monitors legislative changes, allowing the organization to produce timely risk assessments and establish robust oversight and monitoring for ML/TF activities across its entire operations.

Cash Converters