Finding a means to effectively measure culture and actually finding a rapid, cost effective and thorough way to develop a documented understanding of the prevailing AML culture in any organisation has, to date, eluded everyone. Equally, traditional process assessments are both time consuming and labour intensive and therefore costly.
Durrus adapted a framework that NASA uses to measure nebulous concepts like “quality” and found that the same methodology, GQM, could be applied to assess AML cultural embedding. Durrus has leveraged maturity modelling methodologies which are accepted and embedded in many other domains like SW development and engineering to assess current effectiveness and identify the next steps for continuous improvement.
The combination of these two approaches gives Durrus a rapid, cost effective and innovative approach to reducing AML risk, providing AML confidence and identifying appropriate investment priorities.