Fairfax, Virginia, January 2019 – Exprentis Inc., an analytical solutions firm providing advanced RegTech services addressing challenges of the Financial Crime Risk Management (FCRM), Anti-Money Laundering (AML), Trade Surveillance / Reporting, as well as Model Risk Management (MRM) actively participates in the main stream events and innovation initiatives of the financial services industry. The current phase of market evolution creates demand for advanced emerging technologies. Exprentis team members participate in this process and events contributing their experience and expertise in the area.
Exprentis technology exhibits take place at annual ABA/ABA Financial Crime Enforcement conferences in Washington DC, and now also at the ICBA national conventions in Nashville, TN. Exprentis team members conducted demos and pilots of the AI/ML-based Resolvian technology for financial institutions, consulting companies, and payment processors. Exprentis is a member of the Enterprise Data Management (EDM) Council and participates in development efforts of the Financial Industry Business Ontology (FIBO), including the Dataversity conferences.
Government and the financial industry regulatory agencies stay involved in the innovation trends and actively engage with industry members, technology vendors, and service providers. They conduct regular surveys of the emerging technologies and paradigms. Exprentis was invited by the OCC and CFTC Offices of Innovation as well as by FINRA to make presentations of its groundbreaking Resolvian technology that relies on the Regulatory Knowledge Graph paradigm. The concept that got early recognition and grant awards from the National Science Foundation.
“I am so pleased to see such an interest of the financial services industry in the AI/ML technologies and methods. As a member of the FINRA Market Regulation team working on the Advanced Detection System in the late 90-ies I received an award from AAAI for Advanced Application of Artificial Intelligence. It took another 18 years to see the AI/ML technologies entering the main stream, and our firm is at the forefront of this trend.“ said Dr. Tom Dybala, Founder and President of Exprentis.
About Exprentis, Inc.
Exprentis is a specialized provider of advanced RegTech solutions and services targeting financial crime detection, trade surveillance, regulatory reporting and compliance, and risk management needs of the financial services industry. Analytical solutions and services provided by Exprentis balance more traditional and well established technologies with modern Artificial Intelligence and Machine Learning tools and paradigms. Exprentis also developed the AI/ML-based Resolvian RegTech platform that operates as an ensemble of intelligent assistants that augment financial crime investigations and model risk management tasks. For more information go to www.exprentis.com and www.resolvian.com