Global Government Fintech Article with Isle of Man’s Ros Lynch and Kurt Roosen


This article includes an interview with Ms. Lynch of IoM’s Financial Services Authority and their data modernization efforts, including STRIX.  The article duly recognizes FSA for their overall innovation activities and also nicely summarizes some of STRIX’s benefits:

‘The solution enables supervisors to gain a deeper understanding of AML/CFT risk, and to focus their resources on the firms and sectors that pose the biggest threats,’

‘Benefits include the streamlining of data collection and analytics, greater automation of the risk assessment process, and the accurate identification of firms with an elevated ML/TF risk,’

it also ‘makes it easier for firms to provide the required data through a dedicated online portal’.

See the article for full detail:  

#Strix #StrixAML #knowyoursector