siam regtech
Post on 22-Jan-2018
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by
Tanat Tonguthaisri, CISSP
Money laundering is hard to detect.
Spread throughout government & local municipalities like cancer.
Lead to Terrorism Financing.
Commercial Solutions are costly.
Off-the-shelf AML products need customization with local know-hows.
Machine Intelligence to detect Money Laundering and counter Terrorism Financing with human friendly reporting.
Use proven concepts from other regulators (outside of Thailand).
Applying to domestic scenario of separatism in the Deep South and local corruption. https://fb.com/Watchdog.ACT/
https://fb.com/groups/OpenDataASEAN/
DataKind experts
Use training data from fintechsandbox.org and use DataRobot to create a prototype
Obtain test data from regulators Store in Hadoop / Apache Spark using Cloudera
Enterprise Prep data using Alteryx Feed them to DataRobot to find rankings of more
complex ML models Visualize findings and generate reports with Tableau Add narration with Quill and Wordsmith Use Splunk for ad hoc queries
Financial Institutions
Commercial banks with presence in Thailand.
Regulators BoT: Bank of Thailand
MAS: Monetary Authority of Singapore
FCA: Financial Conduct Authority (UK)
ASIC: Australian Securities & Investments Commissions
FINRA: Financial Industry Regulatory Authority
ESMA: European Securities and Markets Authority
IOSCO: International Organization of Securities Commissions
FINMA: Swiss Financial Market Supervisory Authority
BaFin: Federal Financial Supervisory Authority (Germany)
Subscription model for financial institutions
Long-term Enterprise Licensing for Regulators
Tanat Tonguthaisrihttps://LinkedIn.com/in/epicure
Tools Cloud services (AWS, Azure, or Google Cloud)
Cloudera (Big Data via Apache Spark / Hadoop)
Alteryx (Data Preparation)
DataRobot (ML automation)
Tableau (Visualization)
Splunk (ad hoc querying & Hunk for Hadoop)
Narrative Science (Quill for narration)
Automated Insights (Wordsmith for narration)
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