Large Swiss bank

Defining and implementing a surveillance framework to identify illegal client behaviour resulting in greatly improved ability to meet surveillance requirements

Challenge

• Regulations require the client to setup surveillance for money laundering and illegal activities
• Disparate data sources, and diversity in regulations between countries
• Inability to monitor client behaviour to spot illegal activities

Solution

• Leveraging a previous project Unit8 conducted (Single Client View), built a generic framework enabling data scientists to easily define surveillance scenarios to monitor potential high-risk client activities

Impact

• Greatly reduced amount of time needed to define surveillance scenarios, from weeks to minutes
• Reduced resources required and build-time of pipelines by more than 50%
• Improved reliability of scenarios