Consilient
Consilient offers a federated learning technology designed to combat financial crime, specifically anti-money laundering (AML) and countering the financing of terrorism (CFT). Their core product, the Core AML/CFT model, enhances transaction monitoring and customer due diligence by significantly reducing false positives (up to 88%) and improving detection precision. The platform leverages federated learning to enable multi-organization collaboration and continuous learning, allowing institutions to share insights and behavioral patterns without sharing raw data. Consilient aims to transform how the world prevents financial crime by being a foundational component in protecting the global financial system.
Consilient
Consilient offers a federated learning technology designed to combat financial crime, specifically anti-money laundering (AML) and countering the financing of terrorism (CFT). Their core product, the Core AML/CFT model, enhances transaction monitoring and customer due diligence by significantly reducing false positives (up to 88%) and improving detection precision. The platform leverages federated learning to enable multi-organization collaboration and continuous learning, allowing institutions to share insights and behavioral patterns without sharing raw data. Consilient aims to transform how the world prevents financial crime by being a foundational component in protecting the global financial system.