Compliance systems in banks and insurance companies must quickly determine which clients and transactions pose a compliance risk. To this end, many of them use ACTICO Compliance Suite. It is based on rules that detect money laundering, terrorist financing, market abuse, and insider trading. Machine learning procedures now complement this rule-based system.
Machine Learning in ACTICO Compliance Suite
ACTICO Compliance Suite uses rules to detect unusual client behavior and potential compliance risks. Combining this with machine learning links the expert knowledge of compliance officers with knowledge that is automatically learned from data (data knowledge). ACTICO Machine Learning is a Compliance Suite module integrated into the existing software modules.