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Compliance Corner: Broadridge, Anti-Money Laundering
Editorial Staff
14 October 2021
New York-listed techniques to identify suspicious activity, we are enabling firms to make faster and more informed decisions, enhancing operational efficiencies, realizing savings, and bringing together entire data control functions within one intelligent automation platform."
Money laundering is measured in trillions of dollars, creating a headache for banks and other intermediaries. The amount of money laundered annually stands at $1.6 to $2 trillion and less than 1 per cent of this laundered money is traced, Broadridge said.