The host of the event was The National Office for Prevention and Control of Money Laundering, ONPCSB – the Financial Intelligence Unit of Romania, FIUR. The event was co-organized by PIAP as the Workshop with End-users. The event, was opened by Mr. Neculae PLAIASU, President of The Financial Intelligence Unit of Romania, FIUR.
The HEMOLIA Consortium presented and demonstrated the HEMOLIA project results to FIUs, banks and LEAs community representatives.
26 FIUs were present and debated the impact and possibilities of HEMOLIA in their duties in detection and prevention of Money Laundering and Terrorism Financing in their own countries.
FIUR, presented the results and experience in direct testing of the Financial Alert Engine module, developed by Grupo AIA, on their massive incoming data-flows ETRs and CTRs. Concluding that the performance was 10.000 times faster than human expert analysis and prioritizing the work according to FATF/GAFI recommendations in a Risk Based Approach. This removes from the annalist team the repetitive work allowing them to concentrate in the critical cases.
Grupo AIA was represented by founder and CEO Mrs. Regina LLOPIS, Jose M. MORERA and Javier CABALLERO who explained the Artificial Intelligence Engine developed that is the core of HEMOLIA.