DataVisor is Featured in Aite’s Report “The AML of Tomorrow: Here Today”

Aite’s Julie Conroy recently featured DataVisor in her Impact Note “The AML of Tomorrow: Here Today.” Covering the increasing complexity and financial consequences of AML compliance, Julie describes how the number of SARs continues to rise, along with the total cost to investigate them. Next, the note covers four technologies that show great promise in improving the accuracy of SARs as well as reducing the cost to investigate each one: Robotic Process Automation, Advanced Analytics, Natural Language Processing, and Blockchain. DataVisor’s Unsupervised Machine Learning technology is featured in the Advanced Analytics section, and Julie discusses how UML is effective at detecting new and novel forms of laundering, a situation where no previous training labels will exist. 

2018-08-15T13:33:53+00:00 July 24th, 2018|Analyst Coverage, Company Update|