Contributors: Marc Andrews

Intelligent AML: How banks use advanced analytics to achieve a compliance win-win

IBM RegTech Innovations. A few weeks ago, my colleague Sam Kalyanam discussed the challenge facing financial institutions regarding the way they conduct anti-money laundering (AML) compliance. They face an important decision: maintain the status quo, thereby adding to the swelling ranks of their AML compliance teams, or leap ahead by applying cutting edge techniques to […]

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Demystifying AI for risk and compliance

Artificial intelligence (AI) is no longer a new idea. From autonomous vehicles to spam filters, AI is affecting our lives and the way many companies do business. A recent explosion of AI applications is taking place in financial institutions, particularly in the area of risk and compliance.  Some may see this as a no-brainer, but […]

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Cognitive Technology: A shelter in the storm of regulatory change

Turbulence and disruption have been the mainstay of the financial services industry for more than a decade and there is little to suggest that a long calm is in the offing. Quite the contrary, the industry had to adapt to an onslaught of new regulations in the aftermath of the Global Financial Crisis. A decade […]

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Cognitive Compliance Highlights an Opportunity for Banks

Today, banks are dealing with an overwhelming morass of regulations – more than 20,000 new ones in 2015 alone.  By the year 2020, there may be 300 million pages of banking regulations. When I was in college, buying used textbooks had two benefits.  It was a way to save a few dollars.  Even better, if […]

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