Case Study: TAL achieves consistent AML risk assessments with Arctic Intelligence’s AML Accelerate

TAL - Customer Case Study

TAL, one of Australia’s leading life insurers, needed a more consistent way to conduct money laundering and terrorism financing risk assessments. Its AML and risk assessment process had been managed manually in spreadsheets by subject matter experts, and TAL wanted to move to a more online approach that aligned with AUSTRAC guidance and industry benchmarks. Arctic Intelligence provided AML Accelerate to support this shift.

With Arctic Intelligence’s AML Accelerate platform, TAL was able to move to a simple, quick, and logical online process that users found easy to use. The solution helped TAL achieve more consistent risk assessments without relying on manual input, while also giving management confidence that important industry and regulatory updates would be tracked and alerted.

TAL