I was just alerted to a new survey that demonstrates that the bigger you are, the harder compliance gets.
DataFlux, a data management vendor, released the results of a survey of financial services companies that showed large firms lag behind smaller firms in watch list monitoring, or being able to flag suspicious activities in their transaction databases. The study found that 56% of large firms (10,000+ employees) have a process to compare customers and transactions against lists of known criminals and terrorists, compared to 70% of smaller firms (less than 1,000 employees).
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