News

QuantaVerse launches Fast Start programme

Tuesday 8 June 2021 13:27 CET | News

QuantaVerse has launched the High-Risk Entity Report Fast Start for banks interested in cutting costs and improving the accuracy and consistency of their high-risk entity review programme.

QuantaVerse uses AI and machine learning to automate financial crime identification and investigations. Within 60 days, QuantaVerse can launch HRER and return the first month of QuantaVerse High-Risk Entity Reports. The QuantaVerse High-Risk Entity Report documents risk discovered by the QuantaVerse Financial Crime Investigation Platform. The platform automates the research work required to accurately assess entity risk, such as adverse media, jurisdiction, transactional relationships, and typologies that indicate potential money laundering. QuantaVerse offers HRER Fast Start so customers can realise the benefits associated with automating this area of their AML process. 

In aproximately two months, QuantaVerse High-Risk Entity Reports can be launched in an institution and begin returning reports that cut HRER costs while improving the accuracy and consistency of their high-risk entity efforts. 


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: product launch, AML, machine learning, financial crime
Categories: Banking & Fintech
Companies:
Countries: World
This article is part of category

Banking & Fintech






Industry Events