Symphony AyasdiAI is the world’s most explainable, transparent, and trusted discovery and predictive analytics platform. Built for the biggest and most complex data challenges, it delivers unparalleled insight and value to modern financial services organizations, delivering detection, prediction, and causality with pinpoint accuracy, speed, and agility. Symphony AyasdiAI solutions suites contain purpose-built applications to serve the needs of different audiences, delivering insight where and when they need it: human and machine-readable insights at the speed of thought, with advanced integration and an intuitive user interface. From uncovering financial crime to evaluating risk, to optimizing liquidity and revenue, to truly understanding the customer, Symphony AyasdiAI’s solutions address the hardest to solve financial industry challenges.
For a large global bank, Symphony AyasdiAI rapidly ingested client data, automatically generated features for analysis, and drove risk scoring to discover anomalous behaviors, changing patterns, and similarities to known bad parties and behaviors. Using our patented technology, the Symphony AyasdiAI solution discovered previously unalerted criminality in less than 15 minutes. This suspicious behavior equaled $45 billion in tax evasion, where the parties used shell companies and complex loan structures, and an additional $250 million funneled through shell companies in popular tax havens. These behaviors were found while generating a 56% reduction in false positives rate when compared to the existing TMS. The kicker? That TMS never identified these anomalies or alerted investigators. Symphony AyasdiAI’s analysis found these behaviors, and hundreds alike, with less noise while assisting a more relevant and rapid investigation.
Learn MoreSymphony AyasdiAI’s optimization solutions allow banks to categorize customer balances much more accurately, predict the future path of operational activity at an individual client level, and provides practical and easy-to-use outputs. This gives customer account managers the needed insights to prioritize actions that may positively influence future outcomes. Implementing Symphony AyasdiAI’s liquidity optimization at a global bank freed up over $7 billion in excess liquidity reserves that were reinvested, generating over $110 million in profit. This whole project lasted 6 months under full regulatory scrutiny. On top of that, the solution provided account managers with customer relationship management alerts, when acted upon generated an additional $1 million each month.
Learn MoreFor a global telecommunications company, Symphony AyasdiAI uncovered complex behavioral patterns for over 300 million users on the company’s mobile phone service. Due to the scale and complexity of the data, existing machine learning methods had failed to predict consumer behavior and identify the risk of churn. Our solution was able to identify 70% of the churning population, an industry-leading level of accuracy.
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