Unit21 introduces AI-driven instruments for AML and fraud investigators.

The cutting-edge Ask Your Data and AI Copilot solutions are made to dramatically improve the operational effectiveness and decision-making skills of risk managers, compliance officers, and fraud analysts.

The industry's first AI-powered data analysis tool, Ask Your Data, was created specifically for the financial crime industry. Users can query their data in simple English thanks to its conversational interface, which makes complex data analysis approachable and useful. Ask Your Data helps organizations better understand trends in their data and the state of their risk program by doing anything from transaction pattern recognition to predictive analytics. It is the first generative AI analytics tool that has been specially tailored to the world of financial crime.

AI Copilot is made to assist AML and fraud analysts in handling alarms with unmatched speed. The AI Copilot functions as an all-knowing and knowledgeable mentor, enabling analysts to make judgments fast by providing contextual assistance, making recommendations, and giving clear explanations. As a result, analysts can efficiently handle dangerous warnings and spend less time addressing false positives.

According to Trisha Kothari, CEO of Unit21, "the sheer volume of data and manual processes often bode down fraud and AML teams." "We are giving teams more control over their data with Ask Your Data and AI Copilot, so they can respond to threats more skillfully."