SymphonyAI Sensa-NetReveal unveils trailblazing, generative AI-driven investigator assistant

BY The Sensa Team

Banks and financial institutions take note: today, May 9, 2023, marks the beginning of a new era in financial crime investigation. SymphonyAI, the premiere leader in business-integrated AI applications, today introduced the Sensa Copilot, a first-of-its-kind generative AI tool that increases investigator productivity by up to 70%

The Sensa Copilot is available from SymphonyAI Sensa-NetReveal, the financial crime focused division which combines the best of NetReveal’s end-to-end scale and portfolio and Sensa AI innovation.

The newly named SymphonyAI Sensa-NetReveal provides unparalleled service and expertise in advanced AML transaction monitoring, customer due diligence, name and transaction screening, watchlist management, financial crime compliance, fraud management and more. Optimized for the future and ready for today, SymphonyAI Sensa-NetReveal solves complex financial crime challenges by blending the quality and depth of established compliance protocols with the intelligence and vision of advanced technologies.

The Sensa Copilot dramatically streamlines the investigator workflow 

The introduction of the Sensa Copilot is significant because its groundbreaking use of generative AI dramatically reducing investigation time of new alerts by up to 70%, according to initial users.

Once the Sensa-NetReveal financial crime detection suite raises the possibility of suspicious activity, investigators turn to the Sensa Copilot to dig deeper. They ask natural language questions, probing for additional information, tapping into all available financial institution resources. They then ask for an AI-generated investigation summary, from which they determine if a SAR is necessary.

If the investigator feels the alert warrants creating a SAR narrative, the Sensa Copilot can automatically produce the appropriate template (tailored to your organization) and includes complete explainability in natural, easily understood language. This generative AI-driven narrative enables investigators to focus on legitimate financial crimes quicker and more effectively than ever before.

SymphonyAI leads the way in enterprise applications of generative AI

The first of its kind in the market, the Sensa Copilot demonstrates how generative AI can enhance existing processes and make them more effective. It allows investigators to dig deeper than ever before. It cuts investigatory time by up to 70%, allowing for more and better-quality investigations.

Generative AI has the potential to unlock new levels of productivity, efficiency and growth. But the benefits of generative AI go far beyond financial crime detection. SymphonyAI plans to extend our generative AI reach across other divisions. You can imagine in retail or CPG, for example, how generative AI could be used to analyze disparate data to support operations or in industrial manufacturing, how it could be used to optimize production processes.

A prime example of crime management reimagined, the Sensa Copilot is just the first of many generative AI applications to be introduced by SymphonyAI.

If you are interested in seeing what the Sensa Copilot or generative AI could do for your organization, get in touch here.

Additional Resources

The future of generative AI in detecting financial crime

Much attention is being given to Chat GPT—it’s seen as readily available, generative AI that can assist us in daily functions. Need an essay for school or an article for an upcoming deadline? A quickly written resume or cover letter? A new song for your oldies cover band? Or maybe you’re just in need of […]

Russian oil embargo indicates tighter TBML detection is critical

A February 2023 article in the Leaders section of The Economist makes an impressive case that the West’s oil sanctions on Russia are not as effective as they’re made out to be. The publication notes that the sanctions are, in fact, the largest ever imposed on a single country. In addition to their complete import […]

Will AI remove the bullsh*t from bullsh*t jobs?

(The byline says this was written by me. Not completely true. It was co-written with a generative AI platform. It took a fraction of the time these things usually take to write. I will use “I,” but it feels like “we” would be more appropriate. Anyway….) ________________ I’ve added the asterisk so as not to […]