Anti-money laundering: managing regulatory risks

Data & Analytics, Risk & Compliance

Anti-money laundering programs: managing data, regulatory risks

A global multinational bank successfully managed large data volumes in its anti-money laundering program and protected clients and franchisees from regulatory risks.


A leading multinational bank


Identify and mitigate risks related to anti-money laundering (AML) regulations

Tools and technologies

Cloudera, Hadoop, Talend, Spark MLlib, MicroStrategy, Datameer, Sqoop


Our client, a multinational bank, had a comprehensive global program for anti-money laundering (AML) to protect its clients and franchisees from the risks of money laundering, terrorist financing and other financial crimes.

To be able to do so effectively, they needed to deal with mounting volumes of data, which their existing applications could not handle. Their systems also generated a high number of false positives that increased the need for manual intervention.


We worked with the client’s global anti-money laundering program to develop a solution that provided them with consistent controls to identify AML risks and comply with relevant laws.

We incorporated a modern data lake architecture, a centralized data hub that allowed the processing of the increasing volumes of data from around the world. The solution we built was capable of handling data in petabytes.


We helped the multinational bank build a data lake that could hold 8 petabytes of data, much more than its existing data applications allowed. Next, Iris cross-trained the client’s global anti-money laundering team to ensure efficient use of the data lake in line with its global anti-money laundering program.

8 petabytes
Data capacity

Global regions covered

End users

Related Stories

The power of in-sprint automation

A large securities firm speeds up time-to-market with end-to-end test automation on the cloud.

Learn more

Cloud-native app opens new markets

A leading bonds trading network revamps its IT architecture to increase market reach.

Learn more

A legacy portfolio gets a makeover

How one of the Big Four advisory firms turned around an under-performing, high-cost application portfolio to meet growing needs.

Learn more


Our experts can help you find the right solutions to meet your needs

Get in touch
Copyright © 2021 Iris Software, Inc. All rights reserved