Podcast & Audio Transcript - ABA/ABA Financial Crimes Enforcement: Cantor Fitzgerald COO on Advances in AI
Mark Kaplan, Chief Operating Officer of Cantor Fitzgerald & Co. and Brandon Daniels, Exiger President of Global Markets, discuss how technology is elevating the standard for compliance.
Cantor Fitzgerald, a pre-eminent financial services firm at the forefront of technological innovation, has adopted Exiger DDIQ’s cutting-edge AI platform to automate their KYC onboarding processes.
According to Mark, the utilization of DDIQ's AI-driven technology is a 'competitive differentiator' to their client experience: despite increased regulatory scrutiny, it enables compliance teams to be more efficient, effective, consistent, compliant and comprehensive – without increasing cost.
Tune in to hear how:
- AI is transforming the client onboarding process for financial institutions today, reducing the operational costs associated with know your customer (KYC) compliance
- Advances in AI and automation are adding value to both the client experience and an analysts' ability to focus on uncovering risk vs. information gathering
- Compliance can be more efficient and cost effective by using explainable AI to reduce the operational risk associated with false positives while complying with regulatory demands
Fill in the Form Below To Listen to Podcast