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How to Leverage Machine Learning for AML Compliance

BizAcuity

Anti-Money Laundering (AML) is increasingly becoming a crucial branch of risk management and fraud prevention. There are primarily two underlying techniques that can be leveraged for AML initiatives- Exploratory Data Analysis and Predictive analytics. OCR is widely used to digitize all kinds of physical documentation.

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How to Leverage Machine Learning for AML Compliance

BizAcuity

Anti-Money Laundering (AML) is increasingly becoming a crucial branch of risk management and fraud prevention. There are primarily two underlying techniques that can be leveraged for AML initiatives- Exploratory Data Analysis and Predictive analytics. OCR is widely used to digitize all kinds of physical documentation.

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Unlock The Power of Your Data With These 19 Big Data & Data Analytics Books

datapine

7) Predictive Analytics: The Power to Predict Who Will Click, Buy, Lie, or Die by Eric Siegel. Best for: someone who has heard a lot of buzz about predictive analytics, but doesn’t have a firm grasp on the subject. – Eric Siegel, author, and founder of Predictive Analytics World.

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The Superpowers of Ontotext’s Relation and Event Detector

Ontotext

Risk management : Understanding the correlation between events and stock price fluctuations helps manage risk. Strategic planning and predictive analytics : Companies can use this analysis for strategic planning. Market sentiment analysis : Events can significantly influence market sentiment.

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Six EAM trends pushing the oil and gas industries forward

IBM Big Data Hub

EAM systems can include functions like maintenance management, asset lifecycle management , inventory management and work order management, among others. Access to asset/system simulations can enable more proactive maintenance planning, improved decision-making and better risk management.

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How Financial Services and Insurance Streamline AI Initiatives with a Hybrid Data Platform

Cloudera

The hybrid platform’s automation capabilities are crucial in this stage, allowing for more rapid adaptation and richer analytics. Push predictive analytics to optimize operations and enhance profitability. Use NLP to analyze and break down regulatory documents, translating complex legal jargon into actionable tasks.

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Interview with Dominic Sartorio, Senior Vice President for Products & Development, Protegrity

Corinium

Machine learning can keep up, by continually looking for trends and anomalies, or predictive analytics, that are interesting for the given use case. Also tokenization can do this very quickly, so it typically won’t add unacceptable overhead to a high-volume transactional or analytical system.

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