CLOUD COMPUTING OFFERS ANALYSIS POWER IN FIGHT AGAINST MONEY LAUNDERING
May 1st, 2011
BY MJ DESCHAMPS
INFORMATION technology innovations and especially the Internet have certainly changed the anti-money laundering and compliance officials share, store and access information, but as high-tech solutions become more streamlined and interconnected, one concern that still arises is security. Such concerns are increasingly being voiced as regards cloud computing, whose bulk remote digital muscle is regarded as attractive by financial institutions in boosting their work against money laundering and terrorist financing. But cloud computing is relatively ...
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