Attending the #TransformFinance EMEA conference in Brussels highlighted AI-enhanced approaches to financial crime mitigation and the importance of false positive reduction. Reconnecting with partners at SAS and networking with industry leaders reinforced our strategies and future collaborations. Get to know valuable insights into the latest trends and technologies in financial crime prevention from Csaba Simonyi. #financialcrime #ai #technology
I had the pleasure of attending the #TransformFinance EMEA conference in Brussels, held in the heart of Europe. The event brought together executive-level participants from financial institutions, vendors, and authorities from around the world, fostering a vibrant atmosphere of collaboration and innovation in the fight against financial crime. One of the highlights of the conference was reconnecting with our esteemed partners from SAS, Louis Guilbaud and Mihai Gaicu. It was delightful to exchange ideas and discuss future collaborations with them, reinforcing our strong professional relationships and shared goals. The sessions at the conference were insightful and forward-thinking, particularly those focusing on the application of AI-enhanced risk-based approaches to mitigate financial crime. I was particularly pleased to hear that this approach is gaining widespread adoption, aligning perfectly with the strategies we implement in our own operations, thanks to the cutting-edge technology provided by SAS. Moreover, the discussions highlighted how AI is the perfect tool for False Positive Reduction. This capability is crucial in enhancing the efficiency and effectiveness of our financial crime detection processes, reducing unnecessary alerts and focusing resources on genuine threats. Overall, the conference was an enriching experience, filled with valuable networking opportunities and enlightening discussions on the latest trends and technologies in financial crime prevention. It was truly a rewarding experience to be part of such a prestigious gathering.
