The Story Behind
The Goldilocks Approach to Anti-Money Laundering – Getting there with Artificial Intelligence™, is a maiden attempt at book writing on a subject John is passionate about. The book brings a novel approach to anti-money laundering (AML) by introducing the “just right” concept of AML measures.
✶ Practitioners have struggled with a forever question - what is the “right balance” of AML compliance where AML practices and AML technology blend to make a program effective?
✶ Dr John's book aims to solve that puzzle, besides providing a flavour of what lies ahead.
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Every purchase will lead to a contribution for an underprivileged girl
child to be funded by the Sameer Tanna Foundation for education
The Advent of DAREM
The Goldilocks Approach defines the benchmark.
Whereas the Dynamic AML Resilience Equilibrium Model (DAREM™) defines the method to reach and sustain it.
✶ Using DAREM™ as a methodology, I have gamified the process of measurability and visibility of an AML program’s effectiveness using DAREM™ to let practitioners self-evaluate where they score themselves on a scale of 1 to 10. ​
✶ The model uses a blend of AML practices and technology as attributes with individual scores, which together determine a composite score.