Solutions
Credit Risk
A major bank in the Middle East aims to enhance its identification and management of credit issues to ensure compliance with regulations, monitor high-risk clients, and prevent potential defaults by:
- Ensuring Compliance: Detecting and responding to unusual financial activities and regulatory changes to maintain adherence to standards.
- Mitigating Risk: Identifying and closely monitoring high-risk clients to reduce the impact of non-compliant financial behaviors, and implementing early detection measures for insolvency issues.
- Proactive Management: Quickly addressing emerging compliance issues to stay ahead of regulatory challenges.
Approach
SV identifies and extracts proprietary, curated, high-quality data from global media outlets in multiple languages. Utilizing various AI tools and techniques, SV filters and refines the data based on client-defined named entities and by relevant event types. Based on a client-defined scope, named entities and relevant event types are then correlated using advanced language models and other AI tools to deliver a highly refined outcome. The results are integrated into dashboards and reports that include both historical data screening and near real-time monitoring. Semantic Visions helps detect early signs of financial distress, potential credit issues, and compliance risks related to Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations.
Deliverables
- Near real-time data access: Provide real-time alerts on all events that could affect the financial stability of clients, including credit risks, regulatory changes, or unusual financial activities.
- Enriched credit risk data feed: Offer detailed and actionable historical insights into all compliance-related and credit risk events associated with high-risk clients, covering a span of five years. Ensure that this data is updated and available within 24 hours of triggering a screening request.
- Client interactive dashboard – Providing AI/LLM analysis and summarization with hourly update.
- Client unique reporting – Based on client requirements.
Key benefits
- Compliance Maintenance: Clients achieve timely detection and response to financial irregularities and regulatory updates, helping to maintain compliance standards.
- Risk Reduction: Clients minimize the risk of non-compliance by closely monitoring high-risk clients and identifying insolvency early.
- Proactive Operations: Clients stay ahead of potential regulatory problems through quick actions on compliance issues.
