[September 22, 2015]

Wolters Kluwer Financial Services Expert to Speak on Customer Due Diligence

Wolters Kluwer Financial Services today announced that Shannon Bennett, senior director of Financial Crimes Control Strategy at Wolters Kluwer Financial Services, will speak on "Implementing Tactical Customer Due Diligence Practices" at the ACAMS 14^th Annual AML & Financial Crime Conference Tuesday, September 29, at the Aria (News - Alert) Resort and Casino, Las Vegas.

Representing the Greater Twin Cities Chapter of ACAMS-the Association of Certified Anti-Money Laundering Specialists-Bennett will be joined by Sande Bayer, vice president RPS Internal Risk-AML, U.S. Bank; Paul R. Achman, vice president, BSA/AML, Corporate Bank Secrecy, TCF National Bank; and Matthew Quinn, deputy chief BSA officer, director, Financial Intelligence Unit, Santander.

"The spate of recent law enforcement actions around financial institutions' anti-money laundering programs clearly demonstrates some organizations lack consistent, effective due diligence and monitoring practices for managing high-risk customers," said Bennett. "This presentation is geared to closely look at ways financial institutions can best ensure they have the appropriate monitoring and controls in place to minimize the risks associated with high-risk customers and prospects."

At the session, speakers will focus on the following topics:

• Asking the right questions during account opening and investigations to assemble relevant data
• Formalizing monitoring methods used for high-risk clients to diagnose systematic weaknesses
• Effectively disseminating information to elevate the value of due diligence within an organization

For more information, visit ACAMS' conference website.

About Wolters Kluwer Financial Services
Wolters Kluwer Financial Services provides customers worldwide with risk management, compliance, finance and audit solutions that help them successfully navigate regulatory complexity, optimize risk and financial performance, and manage data to support critical decisions. With more than 30 offices in 20 countries, our prominent brands include: AppOne®, AuthenticWeb™, Bankers Systems®, Capital Changes, CASH Suite™, GainsKeeper®, NILS®, OneSumX®, TeamMate®, Uniform Forms™, VMP® Mortgage Solutions and Wiz®. Wolters Kluwer Financial Services is part of Wolters Kluwer, which had 2014 annual revenues of €3.7 billion ($4.9 billion), employs 19,000 employees worldwide, and maintains operations in over 170 countries across Europe, North America, Asia Pacific, and Latin America. Wolters Kluwer is headquartered in Alphen aan den Rijn, the Netherlands. Its shares are quoted on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices.

View source version on businesswire.com: http://www.businesswire.com/news/home/20150922005013/en/

[ Back To TMCnet.com's Homepage ]