Celent Solution Brief: Quantifying the Impact of AI-Driven Financial Crime Compliance

False positives consume analyst time and drive up the cost of financial crime compliance. Using performance metrics from Quantifind deployments and its own operational cost data, Celent estimates that a Tier 1 bank could achieve up to $177.9 million in annual alert-processing cost efficiencies across KYC and sanctions screening. The report breaks down the potential impact for banks of different sizes and explains the assumptions behind its model. Download it to see how more precise screening could change the economics of compliance.