Dow Jones Risk & Compliance launches RiskCenter Advanced Screening and Monitoring (ASAM) an advanced solution for financial crime and third-party risk management.
AI-powered solution
ASAM enhances anti-money laundering (AML), sanctions, and anti-corruption compliance by leveraging risk data, machine learning, and AI technologies.
“As the legislative landscape becomes increasingly complex, organizations need to be able to identify and evaluate risk quickly and effectively,” said Joel Lange, general manager of Risk & Research at Dow Jones. “By augmenting our deep domain expertise with emerging AI technologies, we aim to empower our customers with the tools and information they need to stay one step ahead of illicit activities and make faster, smarter risk-based decisions.”
Screening and Monitoring
With Ripjar’s machine learning technology, the new solution can screen against a huge amount of data simultaneously and can process multiple data sources, reducing operation time and common errors.
This is an exciting milestone as we continue to expand advanced technologies in new and transformative ways across Dow Jones's portfolio.
Almar Latour
"The launch of ASAM not only helps us better serve our customers with tools to fight financial crime and manage third-party risk, but it is also a reflection of the power of strategic investments aimed at creating additional value for our customers,” said Almar Latour, CEO of Dow Jones and Publisher of The Wall Street Journal.