4
Intro
Investigation
Challenges
Step 1:
Fuse Data
Step 2:
Define How
Information is
Presented
Step 3:
Surface Suspicious
Transactions
Step 4:
Prioritize Leads
Step 5:
Detect Suspicious
Activities
Step 6:
Construct the
Narrative
Step 7:
Map the Network
About NEXYTE
Decision Intelligence
Approach
Taking a Decision Intelligence
Approach in AML Investigations
Decision Intelligence is the practical application of analytics, machine learning
and AI technologies to augment and improve human decision making. Applying a
Decision Intelligence approach allows AML investigative teams to detect money
laundering networks more effectively and uncover the financial entities enabling
them. Rather than looking at one transaction surfaced by a business rule,
investigators would look at a full sequence of events, extracted from multiple data
sources, within a chronological, geographical, and situational context. For example,
rather than simply seeing the details of a suspicious financial transaction, an
investigator could receive an alert about suspicious indicators, such as:
Account has been dormant for two years
Account beneficiary has a low credit score
Company has 5 accounts located in 3 countries
Account beneficiary signs for 8 separate companies
With the holistic view, detailed context and machine learning based risk scoring
provided by decision intelligence platforms, investigators can focus on the highest
priority transactions, construct a full investigation narrative, and accelerate their
analysis in order to resolve cases faster.
Traditional approach
+ Limited, disconnected data sources
+ Focused on transactions
+ Linear, binary narratives
Decision Intelligence approach
+ Multiple, diverse data sources
+ Focused on highest risk entities
+ Connections based on context
+ Uncover previously hidden links
draw map of
events & construct
full narrative