Implementation of Anti-money Laundering Information Systems

About the Book

This book is intended for compliance professionals, IT professionals, and business stakeholders who are working on anti-money laundering (AML) or financial crime risk management information systems implementation. This book focuses on the AML information systems technical implementation, especially the implementation/project planning, and current state, future state, gap analysis, as well some technical solutions and practical approaches. Most topics discussed in this book are for banks in the United States and Canada, but the principles and frameworks mentioned in the book could also be utilized in AML information systems implementations for insurance companies, asset/investment management firms, and securities dealers/brokers in North America or other jurisdictions even though different type financial institutions have different AML regulatory requirements in different jurisdictions.

About the Author

Yong Li is a seasoned consultant with twenty years of information technology, business consulting, and project management experience. He has primarily worked in various regulatory compliance projects and programs for over ten North America financial institutions (banks, insurance companies, and investment and securities brokerages) ranging from Fortune Global 500 financial services companies to US regional banks in the past fourteen years. Yong Li is a certified anti-money laundering specialist (CAMS), a certified information systems auditor (CISA), and a certified project management professional (PMP). In addition to his professional career in consulting, Yong Li is a longtime volunteer for professional associations and local communities. During 2009 to 2014, Yong Li was a member of the board of directors and leadership council of the world’s largest IT project management community, Information Systems Community of Practice (IS CoP) within Project Management Institute (PMI), the world’s leading not-for-profit professional membership association for the project, program, and portfolio management profession.