AI-Enabled AML and Regulatory Compliance Optimization

Coforge deploys an AI‑powered monitoring and reporting solution that enables banks to overcome the limitations of traditional rule‑based systems and enhance their AML and regulatory compliance operations.

The solution leverages machine learning models to analyze historical false positives and cluster complex customer behavior to improve the identification of suspicious activity. It also employs automated screening against OFAC and other regulatory watchlists to strengthen compliance effectiveness.

In production, it has delivered measurable results, including a 72% reduction in false positives and a 6% improvement in fraud detection rates.