David Schiffer, President & CEO, Safe Banking Systems to Speak at the Knowledge Group’s Event
New York, NY, November 18, 2015 --(PR.com)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that David Schiffer, President & CEO, Safe Banking Systems will speak at the Knowledge Group’s webcast entitled: “Effective Anti-Money Laundering (AML) Compliance Programs: Mitigating Your Firm’s Violation Risks in 2016 Live Webcast.” This event is scheduled for January 27, 2016 from 12:00pm – 2:00pm (ET).
For further details, please visit:
https://theknowledgegroup.org/event-homepage/?event_id=1304
About David Schiffer
David Schiffer is the founder, CEO and president of Safe Banking Systems (SBS), a technology enabled company headquartered in Mineola, New York. For more than fifteen years, Mr. Schiffer has directed his company’s efforts to combat money laundering, terrorist financing, fraud and other criminal activity by providing anti-money laundering and compliance solutions to the financial services industry and other corporations. Awarded Best-in-Class Watch List Filtering Solution in 2015 by Aite Group, SBS offers the latest technology for entity resolution to fight financial crime and find the “bad guys.”
David Schiffer believes that the role of SBS is that of a trusted advisor, not only to provide innovative solutions to clients but to also share practical knowledge and experience. He has met with the Chief Counsels and their investigative teams at both the US Senate Commerce Committee and US House Committee on Homeland Security, has been interviewed by the media and is a frequent sponsor and speaker at Association of Certified Anti-Money Laundering Specialist (ACAMS) conferences and knowledge events.
Prior to founding SBS, Mr. Schiffer led other technology companies and also taught in the New York City school system. A native New Yorker, Mr. Schiffer received his M.S. in Computer Science from SUNY Stony Brook, his M. A. in Mathematics from Hunter College, NY and his undergraduate degree, a B.S. in Mathematics also from SUNY Stony Brook, NY.
About Safe Banking Systems
For more than 15 years, Safe Banking Systems, a technology enabled company has been thinking ahead of the risks to combat financial crime and find the “bad guys.” SBS’ principles-based solution for KYC, CDD and EDD helps institutions manage enterprise-wide risk in a dynamic, data driven environment. SAFE Advanced Solutions®, SBS’ award winning flagship offering combines a patented risk ranking methodology with a probability scoring model that brings actionable AML intelligence for entity resolution to clients worldwide.
Event Synopsis:
Reporting by financial organizations, mandated by the Bank Secrecy Act (BSA), plays a crucial role in combating terrorist financing and money laundering. By now, we all know the four pillars of a BSA/AML program. The “what” and “why” are nothing new but looking to 2016, AML professionals will need to balance the expectations of the regulators while constantly reevaluating the “how.” The surge in enforcement actions sends a clear message that there is a huge gap between what regulators consider to be sound AML and CFT risk management and what the current situation for most financial institutions is. The gaps in AML programs along with sophisticated emerging trends in financial crimes suggest that traditional methodologies and technologies have fallen short of the stated goals.
Financial institutions must be willing to move beyond traditional AML programs and technology if they wish to effectively manage risk across the enterprise, protect the organization’s reputation and satisfy the regulators.
In this two hour, live webcast, a panel of distinguished professionals and thought leaders assembled by The Knowledge Group will discuss how certain trends are shaping the AML landscape and how the role of technology is becoming a game-changer for more effective AML programs. Speakers will present their thoughts on next generation AML. Topics include:
An Enterprise View of Risk
REPs (Reputationally Exposed Persons found in Adverse Media)
Day 1 vs. Day 2
FinCEN 314b and information sharing
Effective AML Models: Risk/Principles-based vs. Rules-based
Model Validation
Leveraging the next generation of technology
Introducing Intelligence to the AML/CFT Environment
Data analytics
Visualization
Link Analysis
Risk scoring
Outsourced solutions
About The Knowledge Group /The Knowledge Congress Live Webcast Series
The Knowledge Group was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register for an event, please visit: http://theknowledgegroup.org/
For further details, please visit:
https://theknowledgegroup.org/event-homepage/?event_id=1304
About David Schiffer
David Schiffer is the founder, CEO and president of Safe Banking Systems (SBS), a technology enabled company headquartered in Mineola, New York. For more than fifteen years, Mr. Schiffer has directed his company’s efforts to combat money laundering, terrorist financing, fraud and other criminal activity by providing anti-money laundering and compliance solutions to the financial services industry and other corporations. Awarded Best-in-Class Watch List Filtering Solution in 2015 by Aite Group, SBS offers the latest technology for entity resolution to fight financial crime and find the “bad guys.”
David Schiffer believes that the role of SBS is that of a trusted advisor, not only to provide innovative solutions to clients but to also share practical knowledge and experience. He has met with the Chief Counsels and their investigative teams at both the US Senate Commerce Committee and US House Committee on Homeland Security, has been interviewed by the media and is a frequent sponsor and speaker at Association of Certified Anti-Money Laundering Specialist (ACAMS) conferences and knowledge events.
Prior to founding SBS, Mr. Schiffer led other technology companies and also taught in the New York City school system. A native New Yorker, Mr. Schiffer received his M.S. in Computer Science from SUNY Stony Brook, his M. A. in Mathematics from Hunter College, NY and his undergraduate degree, a B.S. in Mathematics also from SUNY Stony Brook, NY.
About Safe Banking Systems
For more than 15 years, Safe Banking Systems, a technology enabled company has been thinking ahead of the risks to combat financial crime and find the “bad guys.” SBS’ principles-based solution for KYC, CDD and EDD helps institutions manage enterprise-wide risk in a dynamic, data driven environment. SAFE Advanced Solutions®, SBS’ award winning flagship offering combines a patented risk ranking methodology with a probability scoring model that brings actionable AML intelligence for entity resolution to clients worldwide.
Event Synopsis:
Reporting by financial organizations, mandated by the Bank Secrecy Act (BSA), plays a crucial role in combating terrorist financing and money laundering. By now, we all know the four pillars of a BSA/AML program. The “what” and “why” are nothing new but looking to 2016, AML professionals will need to balance the expectations of the regulators while constantly reevaluating the “how.” The surge in enforcement actions sends a clear message that there is a huge gap between what regulators consider to be sound AML and CFT risk management and what the current situation for most financial institutions is. The gaps in AML programs along with sophisticated emerging trends in financial crimes suggest that traditional methodologies and technologies have fallen short of the stated goals.
Financial institutions must be willing to move beyond traditional AML programs and technology if they wish to effectively manage risk across the enterprise, protect the organization’s reputation and satisfy the regulators.
In this two hour, live webcast, a panel of distinguished professionals and thought leaders assembled by The Knowledge Group will discuss how certain trends are shaping the AML landscape and how the role of technology is becoming a game-changer for more effective AML programs. Speakers will present their thoughts on next generation AML. Topics include:
An Enterprise View of Risk
REPs (Reputationally Exposed Persons found in Adverse Media)
Day 1 vs. Day 2
FinCEN 314b and information sharing
Effective AML Models: Risk/Principles-based vs. Rules-based
Model Validation
Leveraging the next generation of technology
Introducing Intelligence to the AML/CFT Environment
Data analytics
Visualization
Link Analysis
Risk scoring
Outsourced solutions
About The Knowledge Group /The Knowledge Congress Live Webcast Series
The Knowledge Group was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register for an event, please visit: http://theknowledgegroup.org/
Contact
The Knowledge Group
Thomas LaPointe, Jr., Executive Director
1.800.578.4370
www.theknowledgegroup.org
Therese Lumbao, Director
Account Management & Member Services
tlumbao@knowledgecongress.org
Thomas LaPointe, Jr., Executive Director
1.800.578.4370
www.theknowledgegroup.org
Therese Lumbao, Director
Account Management & Member Services
tlumbao@knowledgecongress.org
Contact
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