Chartis: FircoSoft Vendor Highlights Report

In the past, many firms felt powerless to prevent financial crime and simply wrote it off as the cost of doing business. In the last two decades, however, the combination of greater regulatory pressure and the increased costs of financial crime to firms have led to financial crime management becoming a much higher priority for firms.

In particular, regulators have put increased pressure on firms to do more to prevent terrorism financing, money laundering, corruption, and tax evasion. As