Artificial intelligence-based transaction monitoring system
Kassandra
20 times more effective than traditional Transaction Monitoring systems
Kassandra is the AML solution for detecting Money Laundering behavior completely based on Artificial Intelligence
Its goal is to join the traditional rule-based Transaction Monitoring systems and detect complex anomalous behaviors that can only be intercepted with the use of advanced Machine Learning techniques.
Kassandra uses Pattern Recognition technique to detect hidden patterns that may not be apparent to human analysts. These patterns could involve unusual transaction sequences, unexpected changes in behavior, or intricate connections between multiple entities.
High accuracy in detection
90% of the identified subjects are judged by the AML operator as worthy of further investigation.
52% of these were actually subjected to STR.
Identification of anomalous behavior that is difficult to detect
The system automatically excludes subjects already detected by traditional systems, focusing on uncovering new complex abnormal behavior.
Constant monitoring
All customers are kept under constant monitoring even after the first identification and can be brought to the attention of the AML Department again if necessary.
