February 12 – 13, 2019
Automating Compliance with Machine Learning
The digitization of compliance processes results in large amounts of data, even big data. From this data, banks and insurance companies must recognize potential compliance risks almost in real-time. For example: Is a customer on a sanctions list? Does he make unusual payments? Is there a case of market abuse in securities trading?
Thomas Ohlemacher explained at the conference Compliance for Banks by the Banking Club the effects of machine learning on compliance. (Conference language: German)