Société Générale: collaboration with American Palantir
(CercleFinance.com) - Palantir announced Tuesday that it has successfully deployed its AI-based predictive analytics technologies on behalf of Société Générale.
The American group explains that the collaboration aims to provide the French institution's international retail banking networks with capabilities that should enable it to manage and mitigate risks associated with financial crime.
Built on its flagship Palantir Foundry software, this solution set includes machine learning algorithms and risk assessment tools designed to detect, prevent and reduce risks associated with money laundering or fraud.
With financial crime becoming increasingly sophisticated, the integration and analysis of advanced data has become crucial to combat it effectively", commented François Bohuon, Managing Director of Palantir France.
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