Title :
An Agent Based Anti-Money Laundering System Architecture for Financial Supervision
Author :
Liu Xuan ; Zhang Pengzhu
Author_Institution :
Antai Coll. of Econ. & Manage., Shanghai Jiaotong Univ., Shanghai
Abstract :
Anti-money laundering is a hot issue nowadays. How to establish an automatically technology to extract SARs (suspicious activity report) is the core problem for financial institutions. This paper aims to establish system architecture based on agent technology financial supervision in financial institution taking into consideration of not only transaction information database in financial institutions, but also customer profiles information and external information. The capability of self-learning and self-adaptive makes it difficult for those customers to avoid supervision through simple learning from regulations.
Keywords :
financial data processing; financial management; multi-agent systems; agent based antimoney laundering system architecture; agent technology financial supervision; financial institution; self-adaptive capability; self-learning capability; transaction information database; Automatic control; Banking; Control systems; Data mining; Educational institutions; Financial management; Fuzzy logic; Information analysis; Intelligent agent; Intrusion detection;
Conference_Titel :
Wireless Communications, Networking and Mobile Computing, 2007. WiCom 2007. International Conference on
Conference_Location :
Shanghai
Print_ISBN :
978-1-4244-1311-9
DOI :
10.1109/WICOM.2007.1340