ET3 - Validating Automated Transaction Monitoring Models: New Methods and Tools

Description

• Detailing best practices for validating automated transaction monitoring models to ensure accurate outcomes
• Using statistical modeling to quantify false negative rates of automated transaction monitoring systems
• Reviewing guidance to meet heightened regulatory expectations for automated transaction monitoring risks

Speaker(s):

• Robert L. Curry, CAMS, Executive Vice President, Chief Compliance Officer, KeyBank
• Rock T. Magleby-Lambert, CAMS, Senior Vice President, Quantitative Analysis and Modeling Group Manager, PNC Bank
• John Sabatini, Principal, PwC
• Michael O'Malley, Director of Model Validation, PNC Bank