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Videos

Spark’ing an Anti Money Laundering Revolution- Katie Levans & Koert Kuipers (Tresata)

blog-details-userAbhishek Mehta

blog-details-eye-slashFeb 10, 2016

 

OVERVIEW

Katie Levans (ex-Marketing Director, Tresata) & Koert Kuipers (CTO, Tresata) present Tresata’s Anti-Money Laundering (AML) application – TEAK (using Spark at its core) – in this segment. They discuss the scope of money laundering, the challenges in stopping it, the monetary implications of money laundering on financial firms and gaps in the existing AML tech.

They also discuss the technical aspects of TEAK, why Spark was chosen as its core and what that enabled for Tresata in the product. They finally conclude the session with a live demo of the product in front of the audience.