Archive for category: FTS News

We are delighted to welcome Kotryna Filipavičiūtė to Financial Transparency Solutions as our new AML/CFT Advisor.

Kotryna brings extensive international experience in AML/CFT supervision, mutual evaluations, training and the application of FATF Standards and Methodology.

Most recently, she served as a Programme Manager with the Council of Europe’s MONEYVAL Secretariat, where she led mutual evaluations of member countries, including under the new round of assessments, and worked closely with FATF on assessment methodology, standards and guidance. As a FATF Joint Training Institute certified trainer, she has trained both assessors and countries preparing for mutual evaluations. Prior to joining MONEYVAL, Kotryna worked at Financial Transparency Advisors, FTS’s sister AML/CFT consultancy firm, where she led supervision-related advisory projects, as well as AML/CFT workshops and trainings.

Her previous experience includes AML/CFT advisory work as well as senior supervisory roles at the Central Bank of Lithuania. She has also contributed to EU-level AML/CFT policy and guidance through the European Commission and European Supervisory Authorities.

We are very pleased to have Kotryna on board and look forward to the expertise and experience she brings to our team and clients.

Welcome, Kotryna!

#Strix #KnowYourSector #FTS #AML #CFT #FinancialCrime #Compliance #TeamFTS

🔍 2025 Breaking Changes – Focus #4: AI Thresholds!

Now you can ask Strix to suggest initial thresholds for your data. Strix now saves supervisors time doing the most challenging task of making ‘relative risk’ assessments.

Supervisors benefit: preselection of thresholds based on Methods:

✔️ Equal grouping of entities per bucket

✔️ Linear assignment of thresholds

✔️ Scaled thresholds for non uniform data

while still giving the opportunity for manual or custom threshold selection.

#Strix #KnowYourSector #FTS

🔍 2025 Breaking Changes – Focus #2: Sum and Equation Facts in Survey

Another major enhancement as part of the Strix Breaking Changes release, Sum Facts and Equation Facts can be sent along with a survey and be used for Data Validation in-form.

Existing Strix clients receive the following major benefits in their next update:

Survey Sum and Equation Facts

✔️ Expanded Data Validation

Control information collected twice in different ways, such as breakdown by client type equals breakdown by risk rating

✔️ Show Sum of data points in-form

Ensures form fillers are aware of inter-relation of data.  Capable of retaining breakdown detail of summands.

✔️ Show a calculated formula in-form

Gives on-screen feedback of data from input processed real-time.  Cablable of being used for Data Validation of other questions.

These capabilities are surprisingly powerful and significantly improve the quality of data collected –> Notalbly multiple data validation parent/child families are possible using the same source data field. 

More updates from the Breaking Changes series will follow shortly.

#Strix #KnowYourSector #FTS

✨We are proud to announce the successful completion of our inaugural Strix User Conference, held in London, on the 16th/17th Oct. 2025.

The event brought together 12 Strix superusers from six Authorities – CIMA and CIIPA of Cayman Islands, FSA of Isle of Man, AMSF of Monaco, the Central Bank of The Bahamas, and FNTT of Lithuania, each contributing valuable insights, sharing their experiences, and strengthening collaboration within the Strix community.

Their active participation made the conference an enriching exchange of knowledge and ideas, not only with FTS but between authorities. The event included the presentation of an interesting innovation from #AMSF of a downstream automated system for large-scale inspections of survey submissions for data consistency, a major time savings with a !wow! factor.

This milestone marks an important step in fostering closer partnerships with our users and ensuring that Strix continues to evolve in line with real-world needs and operational priorities.

We extend our sincere thanks to all participants for their in person attendance, engagement, and trust. Your contributions were fundamental in making the event such a success.

We look forward to continuing this dialogue and to welcoming even more partners at the next Strix User Conference.

#Strix #UserConference #knowyoursector #CIMA #AMSF #CBoB #IsleofManFSA #CIIPA #FNTT 

FTS is excited to announce its inaugural STRIX User Conference on the 16^th and 17^th of October, 2025 in London. This targeted conference brings Strix users together in one place to compare experiences, share lessons learned, tips, models, and surveys, discuss advanced uses, and advance the state of the art of AML/CFT supervision together.  From a timing perspective, it is perfectly positioned to leverage feedback to prior to issuing 2026 surveys. 

This has been a long time in the making, and we appreciate the user engagement. 🤩

Evolving the state of the art:

• Pooling lessons learned
• Sharing best practices and strategies
• Covering secondary utilities of Strix
• Advanced User tips
• Review new features coming
• Setup of platform for shared-interest feature requests
• and other supervisory interchange

👉 At least 5 Authorities have already indicated their participation.

The STRIX user conference is open to existing and potential STRIX users.  Contact FTS if interested.

We look forward to making this event an inspiring one!

#Strix #StrixAML #knowyoursector #AMLCFTriskassessments #UserConference #London #sharemodels