Build Stuff'15 Lithuania

Traditional approaches in anti-money laundering involve simple matching algorithms and a lot of human review. However, in recent years this approach has proven to not scale well with the ever increasingly strict regulatory environment. We at Bayard Rock have had much success at applying fancier approaches, including some machine learning, to this problem. In this talk I walk you through the general problem domain and talk about some of the algorithms we use. I’ll also dip into why and how we leverage typed functional programming for rapid iteration with a small team in order to out-innovate our competitors.