KPMG and SAS are augmenting AML transaction monitoring systems with artificial intelligence and machine learning models that can reliably predict a sizeable volume of false positives.
Whether deployed on-premises or hosted in the cloud, KPMG and SAS can help achieve this innovative approach from conception to regulatory acceptance, enabled by an AML Alert Classifier.
Potential benefits include:
- False-positive alert indicators
- Escalation of suspicious activity
- Customer-centric data models shedding new light on activity
- Streamlined alert management process
- Compatibility with all existing TM platforms
- Model language-agnostic focused on open source (R, Python, etc.)
Why KPMG and SAS
- Powerful model implementation platform with custom hosting capabilities
- Tuning and optimization of monitoring platforms and workflows
- Model transparency for outcome explainability and auditing
- Built-in controls and performance monitoring
- Adherence to model risk management guidelines
Anti-Money Laundering webinar
Making next-gen AML a reality with AI and Machine Learning
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