As Mongolia’s regulatory landscape evolved to meet FATF standards, XacBank faced a critical inflection point: modernize its financial crime compliance infrastructure or risk falling behind. The bank needed an integrated platform capable of addressing the full anti-money laundering (AML) lifecycle, from watchlist screening through investigation and regulatory reporting.
With Clari5’s AI-powered AML platform, XacBank now operates a unified compliance ecosystem spanning six core functional areas and 15 sophisticated monitoring scenarios. The on-premise deployment ensures complete data sovereignty while delivering enterprise-grade detection capabilities.
Discover how XacBank is setting a new standard for AML compliance in Mongolia’s banking sector.
