Quantfind Innovations Enabling Proactive Screening and Risk Monitoring
Palo Alto, California, May 23, 2023 /PRNewswire/ — QuantificationA provider of AI-powered risk intelligence automation to the world’s leading organizations, helps organizations proactively identify potential threats by performing reverse searches using risk, business and geographic information. announced the launch of its latest AI technology designed to screen for
Automated risk detection enables efficient detection of unknown risks
Risk analysis becomes difficult and inefficient when analysts do not have specific names or access to sensitive information on unclassified networks. Inefficiencies increase an organization’s vulnerability to threats.Quantfind’s automated risk detection solution, powered by the feature-rich risk intelligence platform Graphyte™allows analysts to assess potential risks in real time. Instead of entity names, analysts leverage Quantfind’s comprehensive knowledge graph to gather risk-related information and generate relevant entity lists. No other vendor offers this functionality.
“Intelligence analysts are tasked with understanding threats that are unique to regions around the world while navigating overwhelmingly large and complex information environments. It is an important new technology that enables analysts to assess the key entities and relationships associated with a given piece of data.” The big picture of threats, geographies and other strategic concepts. ” Craig DudleyPh.D., Director of the Department of Defense.
Quantifind automated risk detection, delivered through the GraphyteDiscover application, uses multiple risk identifiers and comprehensive filtering mechanisms to aggregate relevant data points into sophisticated, interactive graphs and millions of connected profiles. and networks of influence across layers of global data. With the click of a button, analysts can leverage real-time application responsiveness to extract localized regions of graphs for specific geographic locations, threats, industries, and more. Analysts will eventually have an accurate list of high-risk entities and their relationships.
Automated Risk Discovery helps national security analysts as well as financial crime analysts responsible for assessing, reporting and mitigating risk for financial institutions. These analysts can also leverage this solution to proactively assess risk and assess exposure to domestic and international threats.
Tier 1 Global Bank “tested several vendors to improve AML/KYC processes using external data. I won.”
Coupled with Quantfind’s Explainable AI methodology, this web-based solution includes native data lineage capabilities to provide a complete account of all risks and evidence of relationships. Full-featured reporting capabilities seamlessly integrate Quantfind knowledge graph information into threat assessment and intelligence reports. The solution is easily accessible through an always-on, ready-to-use SaaS delivery model.
Quantfind Unveils AI Roadmap to Accelerate Risk Management Innovation
In response to the economic climate and growing global threats, Quantfind has accelerated AI innovation and helped global analysts combat risk.
“Quantfind continues to push the boundaries when it comes to real-world applications of AI,” he says. Adam Mulliken, Chief Product Officer, Quantfind. “By leveraging the latest advances in the field, we continue to deliver fast, scalable, and cost-effective solutions that you can implement today. I need to be able to focus faster.”
Stakeholders can expect significant advances in AI to be built into the technology stack, delivering speed, accuracy, and explainability.
- Utilizing the latest data and information, the next-generation Knowledge Graph empowers users to assess relationship risk by connected entities on-demand in any risk assessment.
- Advances in risk models greatly expand the use of contextual information to improve accuracy, applied at the scale of millions of unstructured documents per day.
- Expanded coverage for large-scale machine translation and transliteration across 100+ languages and scripts.
About Quantify
Quantfind’s AI-powered risk intelligence automation empowers risk analysts to investigate entities and uncover relevant risk signals with greater breadth, depth, accuracy and speed. Quantfind’s AI platform streamlines risk management workflows by providing superior entity resolution, dynamic risk typologies, advanced knowledge graph technology, and name science. Quantifind is a leading provider to Tier 1 Financial Institutions, Higher Education, Fintech and Government Agencies in Know Your Customer (KYC), Enhanced Due Diligence (EDD), Continuous Customer Monitoring and Supply Chain Risk Screening use cases. These organizations benefit from proven results such as a 75%+ reduction in false positives, a 50% increase in investigation efficiency, and daily screening of their entire stakeholder base with 95%+ name resolution accuracy.
contact:
Analisa Camarillo
[email protected]
Source Quantfind
