Thomson Reuters Uses AI to Turn World-Check Tool into Financial Robocop
Using artificial intelligence and machine learning will help make Thomson Reuters News Check tool more accurate in identifying relationships between events and individuals.
Thomson Reuters has rolled out an upgraded media screening component within its World-Check One financial crime and risk monitoring platform, using artificial intelligence to filter potentially relevant negative mentions in news and text data relating to companies or individuals, allowing analysts to more quickly perform risk assessments and decide whether a counterparty could represent undue business risk.
The new tool, Media Check, aggregates 11,600 print and online media sources, and allows
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