VELOCITY’S COGNITIVE COMPUTING CAPABILITIES

Artificial Intelligence
Simulation of human thought processes in computerized modes – text, vision, language, contexts

Machine Learning
Computer programs
that can “learn” when
exposed to new data

Deep Learning
Multi-layer neural
networks that learn
from vast amounts of
data
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1
Evaluation Data
– Many data sources
– Text, numbers
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2
Data Prep
– Data cleansing
– Data reconciliation
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3
Select & apply model
– Supervised
– Unsupervised
– Reinforcement
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4
Predict
– Visualize and review results
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5
Evaluate
– Additional inputs
– Error reduction
VELOCITY’S IMPACT ON BSA / AML COMPLIANCE
Built-In Machine Learning Powered With Data Resolution Tools
INTEGRATED AND ROBUST COMPLIANCE PLATFORM

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Structured and Unstructured Data
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SWIFT/ Transaction Data
Customer Data
Sanctions Lists
Watch lists
Third Party Data
External Sources

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Dynamic Processing and Analytics
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Data Quality Management
Filtering/ Fuzzy Logic
Detection/ Matching/ Scoring

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Alerts and Workbenches
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Sanctions Screening Alerts
Customer Risk Ratings
KYC/CDD/EDD
Transactions Monitoring Alerts
FATCA Alerts
ADMIN Tools

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Workflow Management
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Branch / BU’s
Customer Onboarding
On-Demand Screening
Request For Information
Alerts & Case Management

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Reporting
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Regulatory Reporting
Dashboards/ Reporting