Oracle Graph Visualization Boosts Fight Against Money Laundering
Oracle Financial Services has made its
Research firm Gartner named graph analytics, which is “a set of analytic techniques that shows how entities such as people, places and things are related to each other,” a top trend last year.
“At Oracle, we are democratizing advanced technologies like graph analytics by making them available in our applications,” said John Edison, vice president, Financial Crime and Compliance Management Products, Oracle Financial Services. “Now, AML professionals, from junior analysts to senior investigators, can explore
In addition to the new integration, Oracle also made recent enhancements to its Investigation Hub to help analysts quickly understand both complex criminal networks and normal customer behavior.
- Enhanced Entity Resolution: Allows institutions to gain a 360-degree picture of their customers and external entities alike by identifying different instances of the same entity across data sources.
- Network Evolution:
Time-lapsevisualization of how a network changes over time helps AML analysts rapidly understand and contextualize transaction flows and customer activity. On-DemandIntegration with Third-PartyData: Enriches analytics by providing access to risk ratings and factors extracted from structured and unstructured external and internal data sources.
Global financial institutions continue to select Oracle for its enterprise-grade anti-financial crime platform, which is regulator-accepted and based on a common data foundation that takes inputs from any transaction system.