Fee per participant: RM2,500/$835
Please note that the Ringgit price is applicable to Malaysia-domiciled participants only. Discounts are available for group bookings. Please contact us for more details.
Financial crimes such as fraud and money laundering have evolved rapidly in complexity and sophistication. The cost of compliance has also risen sharply with more stringent regulatory controls. Hefty fines, erosion of reputation and trust are prompting financial institutions to turn to data analytics for more effective measures to detect suspicious activities from a wider variety of data sources, structured and unstructured. However, the high false positive rates bring no respite to the workload and continue to strain resources.
Today, artificial intelligence (AI) and machine learning (ML) can be used to complement data analytics. AI/ ML can be incorporated into the financial crime compliance (FCC) model reviews to reduce the number of false positives by enabling smarter analytics so that investigations can focus on genuine money laundering cases.
This one-day workshop looks at how to design an operational framework.
Fee per participant: RM2,500/$835
Please note that the Ringgit price is applicable to Malaysia-domiciled participants only. Discounts are available for group bookings. Please contact us for more details.
If you are looking for an in-house training program or wish to send a group to an existing public program, kindly please contact Andrew Tebbutt at [email protected] or +603 2162 7802.
Learn More
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For enquiries please contact:
Normariya Sariman
Account Manager, REDmoney Seminars
[email protected]
Direct Line: +603 2162 7800 ext 44
Ramesh Kalimuthu
Events Sales Director
[email protected]
Direct Line: +603 2162 7800 ext 65
Fax: +603 2162 7810
For sponsorship & speaking opportunities:
Andrew Tebbutt
Managing Director
[email protected]
Direct Line: +603 2162 7802
For marketing and media enquiries
Govina Selvanthran
Marketing Manager
[email protected]
Direct Line: +603 2162 7800 ext 22
Enhancing Detection of Fraud & Money Laundering Using AI
SIDC CPE-approved: 10 CPE PointsDate: 12th June 2024
Venue: DoubleTree by Hilton Kuala Lumpur
Classroom Training
Send me Details
Financial crimes such as fraud and money laundering have evolved rapidly in complexity and sophistication. The cost of compliance has also risen sharply with more stringent regulatory controls. Hefty fines, erosion of reputation and trust are prompting financial institutions to turn to data analytics for more effective measures to detect suspicious activities from a wider variety of data sources, structured and unstructured. However, the high false positive rates bring no respite to the workload and continue to strain resources.
Today, artificial intelligence (AI) and machine learning (ML) can be used to complement data analytics. AI/ ML can be incorporated into the financial crime compliance (FCC) model reviews to reduce the number of false positives by enabling smarter analytics so that investigations can focus on genuine money laundering cases.
This one-day workshop looks at how to design an operational framework.
Fee per participant: RM2,500/$835
Please note that the Ringgit price is applicable to Malaysia-domiciled participants only. Discounts are available for group bookings. Please contact us for more details.
If you are looking for an in-house training program or wish to send a group to an existing public program, kindly please contact Andrew Tebbutt at [email protected] or +603 2162 7802.
Learn More
Dr Guan Seng Khoo
Former Group Chief Risk Officer, RHB Capital
Dr Guan Seng Khoo has vast experience of global business development, strategy, banking, investment and academic research experience in the financial services and IT/cyber security industries. Guan Seng held the role of VP/head of enterprise risk management at AIMCo (Alberta Investment Management Corporation) and CAI.
While at AIMCo, he was responsible for the entire risk management function across the whole lifecycle of the investment process, including at the due diligence/pre-investment stage, the deal-by-deal level as well as the portfolio and divestment/exit stages, including managing relationships with partners, clients, and key stakeholders. He has led teams for assignments and projects in the middle east, Europe, Asia-Pacific, north and south America. Prior to AIMCo, Guan Seng was the head/senior director of portfolio and performance risk analytics at Temasek Holdings. Previous to this, Guan Seng headed the global risk analytics team at Standard Chartered Bank, performing all global risk model review and validation for Basel & BIPRU compliance, and liaising with financial regulators in Europe, Asia, Africa, and the middle east, including the FSA (UK), the FSS (Korea), CBRC, HKMA, BNM, Bank of Thailand and Monetary Authority of Singapore. Guan Seng pioneered the use of AI in investment management, when he designed and managed an AI-algorithmic hedge fund while at Man Investment Products. Previously, Guan Seng was head of innovation (strategy & business development) at the Singapore Exchange, and was group chief risk officer at RHB Capital, Malaysia. In 2001-02, he was based in Chicago and Denver at American Bourses Corp (spun off from the Man Group), providing investment and trading analytics to clients trading on the ECNs (electronic exchanges) in North America and the Asia-Pacific. Guan Seng started his career with NTU as an academic, performing research in semiconductor physics and materials sciences, publishing scientific papers, and teaching undergraduates, including on environmental science. He graduated with a bachelor’s degree in science and holds MSc and PhD degrees from the National University of Singapore on a PSC Government Scholarship. He was awarded the Jurong Shipyard Book for Best Student in Applied Physics.
For enquiries please contact:
Normariya Sariman
Account Manager, REDmoney Seminars
[email protected]
Direct Line: +603 2162 7800 ext 44
Ramesh Kalimuthu
Events Sales Director
[email protected]
Direct Line: +603 2162 7800 ext 65
Fax: +603 2162 7810
For sponsorship & speaking opportunities:
Andrew Tebbutt
Managing Director
[email protected]
Direct Line: +603 2162 7802
For marketing and media enquiries
Govina Selvanthran
Marketing Manager
[email protected]
Direct Line: +603 2162 7800 ext 22