Industry – Paper 498

NextAngles: The Semantic Platform for Compliance Tara Raafat, Erin Plettenberg and Nikolaos Trokanas Industry October 23, 2017, 10:50. Stolz 2 Download paper (preprint)

Abstract

Financial compliance requires banks to maintain sophisticated customer screening and transaction surveillance systems that pose data quality and data availability challenges. Effort is concentrated on data collection and data consolidation, leaving less time for higher-level analysis. NA platform leverages the power of semantic technologies in three different areas (Domain, Regulation, Process) creating a cognitive system that is aware of the controls, assessments, and approvals needed in each case, which data to integrate and share and what surveillance, monitoring and reporting to perform.