Case Study: Leading Northern European Universal Bank achieves unified, enterprise AML/CFT compliance and zero regulatory penalties with FICO

Multinational financial institution takes an enterprise approach to better manage financial crime and counter terrorist financing

A leading Northern European universal bank, formed by merging six different core banking systems across three countries, faced fragmented payment and AML/KYC systems, enormous transaction volumes (about 200 million/year), and strict multinational regulatory deadlines. The challenge was to unify disparate data and alert streams, reduce false positives, and deliver a centralized AML/CFT program that met each country’s and international compliance requirements on time to avoid fines.

The bank implemented FICO AML Advanced Analytics and FICO Alert and Case Manager (with KYC, embargo and tax compliance modules) to centralize alerts, combine historical and real‑time customer data, and provide configurable, country‑specific workflows and permissions. The integrated cloud platform bridged legacy systems, delivered a 360° customer view, enabled automation (RPA) for efficiency gains, and met regulator timelines on budget—resulting in effective multinational AML/KYC compliance with zero penalties.