Symphony AyasdiAI Strengthens Banking Leadership Team with AML and Financial Crimes AI Solutions Expert
Experienced Technology Leader to Guide AyasdiAI’s Financial Services Product Development
Long-time financial crime and technology expert John Dalton has joined Symphony AyasdiAI, a portfolio company of SymphonyAI Group. The company announced today that Dalton will serve as vice president of financial crime products.
Dalton brings to AyasdiAI nearly two decades of leadership and risk management experience in the financial crimes sector. He most recently served as vice president of financial crimes, product management at BAE Systems Applied Intelligence. In his new role, he will lead the vision, strategy and execution of financial crimes roadmap investment across AyasdiAI’s portfolio.
Read More: Citi Partners with Software Fintech to Launch Refreshed Digital Investment Portal
AyasdiAI uses best-in-class machine learning to capture revenue, minimize risks and optimize operational efficiencies across the financial services market and other sectors. The company recently launched Ayasdi AML, an advanced anti-money laundering solution aimed at boosting efforts to combat these crimes. The application of AI in financial services risk use cases creates more than $370 billion in economic value annually, according to McKinsey & Company.
Ishan Manaktala, CEO, Symphony AyasdiAI, said: “John brings a wealth of experience in technology focused on ensuring regulatory compliance and preventing money laundering and fraud. As we continue to build AI-based solutions tailored for the financial services sector, he will be instrumental in guiding our vision and development.”
Read More: Just Launched: Sagent Insights Network Data Reporting and Analytics Platform
Romesh Wadhwani, founder and CEO, SymphonyAI Group, said: “Global anti-money laundering compliance costs financial institutions more than $100 billion annually. Using AI and machine learning to address these issues and others is critical – human effort is inadequate and inefficient to combat the volume of investigations needed to meet AML requirements. We are building the team at AyasdiAI to bring advanced AI solutions to market for financial services.”
Copper scrap storage Scrap copper purity standards Scrap metal salvaging
Copper cable suppliers, Non-ferrous metal scrap, Copper scrap inventory
Copper scrap material repurposing Industrial copper reuse Scrap metal scrap yard
Copper cable scrap collectors, Scrap metal analysis services, Copper scrap material composition
Environmental copper processing Recycling equipment for Copper scrap Metal waste separation
Copper cable recycling business, Metal recycling and restoration, International standards for Copper scrap