AI in FinCrime

Fortytwo Data is an AI powered Big Platform focusing on the GRC sector. It has academic programmes in both supervised and unsupervised machine learning that have been deployed to advance specific use cases, namely the reduction of false positives and false negatives in Transaction Screening and Entity Screening.

Our technology both plugs holes in legacy AML and Client Screening products or completely replaces current implementations. Its integrated AI technology uses an auditable, explainable, champion v challenger model alongside its rule based system. This gives complete flexibility in deployment and satisfies current regulations.