60% productivity with contracts analysis

Objectives & context

  • Comply with AML regulation: Banks must be sure they are not providing services to a person or a company on international watch lists.
  • Reduce cost: Controllers had to print, go through the whole document, list entities, and search for them on the watch list.

Solution

  • UI with automated entities recognition: Controllers are enabled to quickly focus on relevant entities and to amend & complete
  • 3 AI bricks: Deep learning based entities recognition; entities linking; & Machine learning to ensure continuous improvement

ROI

  • 60% productivity
  • Increased reliability