A global correspondent bank managing ~$1.9 trillion in assets and over 3,000 branches across Europe grappled with legacy rule-based AML solutions that failed to detect financial crime adequately, generated unmanageable false positives, and drove skyrocketing compliance costs—putting intense pressure on the transaction monitoring team. Seeking a risk-based AI overhaul for a unified global framework, the bank turned to ThetaRay’s advanced software, which revolutionized AML compliance by intelligently prioritizing genuine risks, dramatically reducing false positives, enhancing crime detection accuracy, and slashing costs to support seamless international operations.

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