Last February 10th and 11th, 2014, within the EU FP7 projects conference and demonstration to final users, the Hemolia project was presented.
The conference was hosted by The National Office for Prevention and Control of Money Laundering, ONPCSB – the Financial Intelligence Unit of Romania, FIUR.
The HEMOLIA group presented and demonstrated the HEMOLIA project results to FIUs, banks and LEAs community representatives.
The 26 FIUs representatives debated on the impact and possibilities of HEMOLIA in the detection and prevention of Money Laundering and Terrorism Financing in their own countries.
FIUR, presented the results and experience using the Financial Alert Engine module, developed by Grupo AIA. Highlighted the myriad of ETRs and CTRs. incoming data and concluded its performance was 10.000 times faster than any expert´s analysis and risk-based prioritization according to FATF/GAFI recommendations and would reduce analysts´ repetitive work to focus on critical cases.
Grupo AIA represented by founder and CEO Mrs. Regina LLOPIS, Jose M. MORERA and Javier CABALLERO explained the Artificial Intelligence Engine, the core of HEMOLIA.