QuantaVerse’s AI-Powered Anti-Money Laundering Solutions Secure Highest Possible Ratings from Independent Model Validation Firm
Summary
QuantaVerse, having been in production in client environments for several years, can now lay claim to being the industry’s only independently validated comprehensive technology platform to deliver AI for AML. As such, bank regulators issue guidance advising periodic model validation,” explained David McLaughlin, CEO and Founder of QuantaVerse. “We encourage banks and financial services companies to review our validation results as part of their regulatory and due diligence requirements. Critical to characterizing the risk associated with an entity or transacting party, the validation focused on model-driven observables relating to profile, monitoring, reputation, and intent. Most importantly, QuantaVerse is helping to rid organizations of money laundering and other financial crimes that support our greatest global ills – the drug trade, human trafficking, terrorism and political corruption.