Singapore Fintech Festival 2019

Nov 11 - 14, 2019

Singapore, Asia

Visit us at Kiosk #4ZT10. And don’t miss our COO, Steve Cohen, along with Head of IT Department of IGAD at Société Générale, Cédric Rouvrais, explain how cutting-edge NLP will help you mitigate employee misconduct risks.

November 12 – 12:20pm – 12:50pm  – Stage 3 – Hall 1

Know Your Employees (KYE) – Bringing AI to Internal Affairs

From reputational damage to regulatory fines, employee misconduct is an existential threat to financial institutions.

Bloomberg reported* that banks have paid well over 300 billion dollars in fines for these kinds of failures since 2008, and the New York Federal Reserve recently stated** that employee misconduct is a “specific risk that is gaining prominence” in a 16-page report on the topic.

To address this, banks have started experimenting with new technologies. At the head of this trend, Société Générale created their own AI-driven internal affairs platform to mitigate employee misconduct risks. This presentation explores the bank’s journey and how cutting-edge natural language processing technology will power the next generation of internal affairs applications.