The Challenge
ComplyAdvantage was drowning in false positives while simultaneously missing sophisticated fraud patterns. Their rule-based system couldn't keep pace with evolving threats, resulting in massive undetected risk exposure.
- 30% of fraudulent transactions going undetected
- 48-hour average detection delay causing cascading losses
- Manual review bottlenecks limiting scale
- No visibility into complex multi-party fraud networks
Our Approach
We architected a comprehensive ML-powered fraud detection system that processes transactions in real-time. By combining advanced anomaly detection with graph neural networks, we created a system that learns and adapts to new fraud patterns automatically.
- Real-time streaming architecture processing 1M+ transactions/hour
- Graph neural networks mapping complex fraud relationships
- Ensemble ML models continuously learning from new patterns
- Automated risk scoring with explainable AI for compliance
The Impact
The new system transformed ComplyAdvantage's fraud detection capabilities overnight. What was once a reactive process became a proactive shield, catching fraud attempts before they could cause damage. The $9.6M in annual risk reduction paid for the entire project in less than 60 days.