ComplyAdvantage’s Post

ComplyAdvantage Fortifies Financial Crime Intelligence with Acquisition of AI-Powered Golden #a16z #Acquisition #AI #artificialintelligence #CEO #ComplyAdvantage #dataanalysis #Dataextraction #Expertise #financialcrimeintelligence #FinancialServices #globalfinancialcrimeriskmanagement #Golden #GoldmanSachs #IndexVentures #investors #Knowledgegraphs #llm #machinelearning #NaturalLanguageProcessing #realtimeriskinsights

Unveiling the web of financial crime can be a daunting task.   Traditional methods are often slow and cumbersome. But what if there was a way to trace illicit funds and expose criminal activity with greater precision and efficiency? Fund Trail, the revolutionary forensic audit software from iAcuity Fintech, is here to empower investigators. By leveraging AI, machine learning, and data analytics, Fund Trail helps you: ·  Visualize complex financial transactions ·  Identify hidden patterns and suspicious activity ·  Drill down and deep dive into specific leads ·  Generate customizable reports for clear communication   Join the fight against financial crime! Learn more about how Fund Trail can revolutionize your forensic audits: Read the Full Article here: https://lnkd.in/gSjZUKYY   #FundTrail #ForensicAudit #FinancialCrime #AI #FraudDetection

Pulling together our collective experience in using AI and Data in the Fight against Financial crime. Thanks to the Global Coalition to Fight Financial Crime for driving this initiative. Quantexa #ai #dataforgood #financialcrime

The Global Coalition to Fight Financial Crime established a Technology and Innovation Experts Working Group inviting leading experts and practitioners to first consider “the use of Artificial Intelligence as a tool to accelerate effectiveness in fighting financial crime”. In the paper published today, the experts group have focussed on FI’s and have formulated and answered 10 important questions (FAQ’s) which reveal the state of thinking which should overall encourage further support in the years to come. Whilst we are convinced that AI will play a major role in the future of fighting financial crime, including combatting money laundering, questions around success will depend just as much on the partnerships that are formed, data pools that can be accessed, the selection of AI types used, the activity being transformed, the implementation of the solution and the feedback and control environments put in place to track progress and minimise bias and unintended consequences. The GCFFC wishes to thank all the involved experts, with particular thanks to Laura Hutton Felix Hoddinott, Dan Margetts CAMS MBA, Jocelyn Tait Norval, Wolfgang Berner, Felix Berkham, Phale M. and Karim Rajwani, led by Co Chairs David Wilson and Markus E. Schulz. For more details see: https://lnkd.in/eCm-Whg2

A punchy and practical 9 page FAQ. Must read. #GCFFC #Innovation #AI #FCC

This report is an essential read for fraud and financial crime professionals at financial institutions who are tasked with leveraging technology to safeguard assets, data, and trust. Whether you’re in risk management, compliance, or IT, you’ll find actionable insights and strategies to harness the power of explainable AI in your operations.

AI, process automation, and strategic data management can help you more effectively combat financial crime. Join KPMG's Adrian Harvey, State Street's⭐️Jay Krish, and Appian’s Guy Mettrick for a Risk.net webinar where you’ll learn how AI and process automation can transform your data and compliance landscape in the fight against financial crime. Tuesday, July 16th 10:00am EST // 3:00pm British Summer Time #orchestratechange #fincrime #AI #appian

In the evolving realm of financial crime, Artificial Intelligence and Machine Learning stand as powerful tools, bolstering detection, predictive analytics and efficiency. However, challenges such as data quality, complexity and ethical considerations persist. Find out more in the full article to explore further the delicate equilibrium shaping the future of financial crime prevention. #financialcrimeprevention #artificialintelligence #machinelearning #pros #cons #securingthefuture #complyradar

IN-PERSON EVENT ALERT: Are you in a traditional financial institution in Charlotte and wish you had access to AI experts to discuss AI's effectiveness within your fincrime compliance program? Then on June 18 come learn from Workfusion's AI experts to discuss how this technology is so important to the future of compliance programs. Plus, get some CFCS credits, network amongst other folks in Charlotte, and enjoy some happy hour refreshments. I'll be there and would love to network with you! Write me at [email protected] to learn more about this event and for the registration page. #AI #Fincrime #Compliance #Technology

Did you know AI, process automation, and strategic data management can help you more effectively combat financial crime? 💡 Join KPMG’s Adrian Harvey, State Street’s ⭐️Jay Krish, and Appian’s Guy Mettrick for a Risk.net webinar where you’ll learn how AI and process automation can transform your data and compliance landscape in the fight against financial crime. #orchestratechange #fincrime #AI