Source of Wealth Verification vs Investigation Time

Integrate automated public-registry and database checks into onboarding workflows to meet FATF enhanced due diligence requirements without delaying high-risk customer acceptance.

CyberTRIZ analysis · Banking contradiction AML017 · one of 8,235 worked contradictions published by CyberTRIZ.AI

Regulations

FATF EU_GDPR EU_AI_ACT DCAM ISO_31010

Business Context

Verifying the source of wealth is essential for high-risk customers but frequently requires extensive documentation, external research, and manual investigation.

Banking TRIZ Resolution

Use trusted external databases, automated document analysis, public registry integration, and risk scoring to accelerate verification while preserving investigative quality.

Recommended Banking TRIZ Principles

Principle 10 - Beforehand Action

Principle 24 - Intermediary

Principle 28 - Replacement of Mechanical Systems

Principle 40 - Composite Materials

Expected Outcome

Faster investigations

Better verification quality

Lower analyst workload

Stronger compliance

TRIZ principles applied

P10 Beforehand ActionP24 IntermediaryP28 Replacement of Mechanical SystemsP40 Composite Materials

Controls that address this (13)

FATF-AML-001 - Implement Risk-Based AML/CFT Approachoperational · critical priority · Implement a risk-based approach to AML/CFT covering: national risk assessment awareness, institutional risk assessment, risk-based allocatio FATF-CDD-001 - Implement FATF-Standard Customer Due Diligenceoperational · critical priority · Apply CDD measures to all customers: identify and verify customer identity, identify beneficial owners, understand the purpose of the busine FATF-R1-001 - Institutional AML/CFT Risk Assessmentgovernance · critical priority · Conduct a comprehensive institutional AML/CFT risk assessment covering: products and services, customer types, delivery channels, and geogra