Agentic AI can cut banks’ transaction monitoring workload by up to 50%: McKinsey

Unlike tools that assist individual analysts with specific tasks, agentic AI can coordinate an entire investigation, from gathering information across systems to preparing documented recommendations. McKinsey said this could help banks respond to increasingly sophisticated financial crime threats while managing the growing time and resources required for compliance.

The report said AI-generated reports could also improve consistency by using the same transaction analysis periods and report structures across cases, with claims linked to their source data for review by quality teams, auditors and regulators.