Bolstering financial crime intelligence.
In brief:
- ComplyAdvantage, known for its advanced use of AI and machine learning to analyse financial crime risk, announced today its acquisition of Golden, which specialises in automating the construction of extensive knowledge graphs for complex data analysis.
- The acquisition is primarily aimed at enhancing ComplyAdvantage’s financial crime intelligence capabilities by integrating Golden’s sophisticated natural language processing technology.
- This acquisition marks a notable continuation of momentum for ComplyAdvantage, following a significant expansion of their client list after the latest fundraising round led by Goldman Sachs.
What does this mean?
“Delivering AI-enriched financial crime insights to our customers through a best-in-class user experience built on the most interconnected data has been our north star at ComplyAdvantage since day one. The acquisition of Golden is a critical milestone on that journey,” ComplyAdvantage CEO Vatsa Narasimha said.
