Innovation In Compliance With Tom Fox

To celebrate the 200th Episode of Innovation in Compliance, Tom Fox is joined by Dan Skolnick, the VP of Product Strategy for Financial Crimes at Lexis Nexis Risk Solutions to talk about fighting financial crime and terrorist financing with cutting-edge technologies. Dan got into the industry after a hot tip at a family party led him to Fircosoft, which was on its way to becoming an industry leader in financial crime prevention technology.  Ahead of the Curve Financial Crimes experts are much further ahead than other kinds of misconduct investigations professionals, so Tom asks about the evolution of Dan’s professional roles over his career. Dan says that when he started working in the industry, he was Sanction Screening for OFEC - but within a year of starting in the industry, the US Patriot Act was implemented which caused a huge shift in the type of work being done. The job has gone from looking for a very specific type of information to looking for risk across your customer base. Financial Crimes expert