Optimizing AML/CFT Risk Management with Technology and Analytics: A Playbook for Financial Institutions in Emerging Markets

This Good Practice Note explores how technology and advanced analytics can strengthen Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) risk management through a more effective, risk-based approach. Designed as a practical guide for financial institutions, it examines the use of digital tools across customer due diligence, sanctions screening, transaction monitoring, suspicious activity detection, and ongoing risk management.

Drawing on global good practices and implementation examples, the publication discusses key considerations for selecting, deploying, and governing AML/CFT technologies, particularly in emerging markets. The report is intended to help financial institutions improve their financial crime risk management while navigating increasingly complex regulatory expectations.