Security News > 2020 > December > Computer Services and Featurespace partner to launch anti-money laundering solution

To empower its customers in the fight against financial crime, Computer Services has partnered with Featurespace to launch a holistic anti-money laundering solution: WatchDOG AML. WatchDOG AML protects against financial crime by identifying suspicious activity in real-time with an enterprise transaction monitoring system.

Using customizable machine learning models that utilize Featurespace's award-winning Adaptive Behavioral Analytics, WatchDOG AML reduces false positives while predicting and adapting to new threats through anomaly detection.

"By partnering with Featurespace, we're providing our customers with a powerful AML solution that leverages the latest in machine learning to fight illicit activity and ensure compliance."

WatchDOG AML supplies a comprehensive view of risk by analyzing human behavior to detect suspicious activity while maximizing efficiency with automatically prioritized alerts.

"The ability to understand genuine customer behavior allows banks and credit unions to more accurately detect anomalies and additional suspicious activity so that only the most worthwhile alerts are passed along for review, while also reducing false positives and bringing more financial crime to light," said Dave Excell, founder and president of Featurespace.

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